TUI AG (LTS:0ACY) Inventory Turnover : 77.61 (As of Jun. 2024)

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What is TUI AG Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. TUI AG's Cost of Goods Sold for the three months ended in Jun. 2024 was €5,413 Mil. TUI AG's Average Total Inventories for the quarter that ended in Jun. 2024 was €70 Mil. TUI AG's Inventory Turnover for the quarter that ended in Jun. 2024 was 77.61.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. TUI AG's Days Inventory for the three months ended in Jun. 2024 was 1.18.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. TUI AG's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.01.

TUI AG Inventory Turnover Historical Data

The historical data trend for TUI AG's Inventory Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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TUI AG Inventory Turnover Chart

TUI AG Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Inventory Turnover

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149.93

105.60

102.68

315.74

322.38

TUI AG Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Inventory Turnover	Get a 7-Day Free Trial															73.05	105.07	65.23	57.41	77.61

TUI AG Inventory Turnover Calculation

TUI AG's Inventory Turnover for the fiscal year that ended in Sep. 2023 is calculated as

	Inventory Turnover (A: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Sep. 2023 )	/ (	(Total Inventories (A: Sep. 2022 )	+	Total Inventories (A: Sep. 2023 ))	/	count )
=	19052.9	/ (	(56.1	+	62.1)	/	2 )
=	19052.9	/	59.1
=	322.38

TUI AG's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

	Inventory Turnover (Q: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2024 )	/ (	(Total Inventories (Q: Mar. 2024 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )
=	5413.2	/ (	(63.4	+	76.1)	/	2 )
=	5413.2	/	69.75
=	77.61

TUI AG (LTS:0ACY) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

TUI AG's Days Inventory for the three months ended in Jun. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2024 )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
	=	69.75	/	5413.2	*	365 / 4
	=	1.18

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

TUI AG's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	69.75	/	5787
	=	0.01

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

TUI AG Inventory Turnover Related Terms

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TUI AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » TUI AG (LTS:0ACY) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

TUIFF:USA 1TUI1U:Italy TUI1d:UK TUI1:Germany TUI1:Austria

Address

Karl-Wiechert-Allee 4, Hannover, SN, DEU, 30625

Website

https://www.tuigroup.com

TUI AG is a leisure and tourism company that operates airlines, cruises, tours, hotels, and resorts globally. The company organizes itself into six segments: Northern region, Central region, Western region, hotels and resorts, TUI Musement and cruises. Northern region principally comprises TUI's tour operators, airlines, and cruise business in the U.K., Ireland, and the Nordics. Central region includes the company's tour operators in Germany, Australia, Switzerland, and Poland, and the TUI fly airline. Western region includes TUI tour operators and airlines in Belgium and the Netherlands, and tour operators in France. The Northern, Central, and Western regions are the segments by revenue, in that order, and collectively constitute the vast majority of revenue.

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