GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Deutz AG (LTS:0E4K) » Definitions » Inventory Turnover

Deutz AG (LTS:0E4K) Inventory Turnover : 0.89 (As of Dec. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Deutz 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. Deutz AG's Cost of Goods Sold for the three months ended in Dec. 2024 was €403 Mil. Deutz AG's Average Total Inventories for the quarter that ended in Dec. 2024 was €453 Mil. Deutz AG's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.89.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Deutz AG's Days Inventory for the three months ended in Dec. 2024 was 102.64.

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. Deutz AG's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.89.


Deutz AG Inventory Turnover Historical Data

The historical data trend for Deutz 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.

* Premium members only.

Deutz AG Inventory Turnover Chart

Deutz AG Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.73 4.14 3.69 3.65 3.26

Deutz AG Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.92 0.76 0.68 0.72 0.89

Deutz AG Inventory Turnover Calculation

Deutz AG's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Inventory Turnover (A: Dec. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2024 ) / ((Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count )
=1412.9 / ((433.9 + 431.6) / 2 )
=1412.9 / 432.75
=3.26

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

Inventory Turnover (Q: Dec. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2024 ) / ((Total Inventories (Q: Sep. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count )
=403.1 / ((475.2 + 431.6) / 2 )
=403.1 / 453.4
=0.89

* 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.


Deutz AG  (LTS:0E4K) 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.

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

Days Inventory =Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=453.4/403.1*365 / 4
=102.64

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.

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

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=453.4 / 507.8
=0.89

* 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.


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.


Deutz AG Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Deutz AG's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Deutz AG Business Description

Traded in Other Exchanges
Address
Ottostrasse 1, Porz-Eil, Cologne, NW, DEU, 51149
Deutz AG is engaged in the development, production, and sales of drive solutions for off-road applications. The current portfolio of the company ranges from diesel and gas to hybrid and electric to hydrogen-based drives. DEUTZ engines serve construction and agricultural machinery, material handling applications such as forklifts or lifting platforms, commercial and rail vehicles as well as boat applications for private and commercial use. The operating activities of the company are Classic and Green. It generates maximum revenue from the Classic segment. Geographically, it derives a majority of its revenue from the EMEA.

Deutz AG Headlines

No Headlines