Einhell Germany AG (LTS:0N9F) Inventory Turnover : 0.44 (As of Sep. 2024)

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What is Einhell Germany 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. Einhell Germany AG's Cost of Goods Sold for the three months ended in Sep. 2024 was €154 Mil. Einhell Germany AG's Average Total Inventories for the quarter that ended in Sep. 2024 was €349 Mil. Einhell Germany AG's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.44.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Einhell Germany AG's Days Inventory for the three months ended in Sep. 2024 was 206.85.

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. Einhell Germany AG's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 1.33.

Einhell Germany AG Inventory Turnover Historical Data

The historical data trend for Einhell Germany 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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Einhell Germany AG Inventory Turnover Chart

Einhell Germany AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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2.21

2.52

1.84

1.43

1.40

Einhell Germany AG Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Inventory Turnover	Get a 7-Day Free Trial															0.40	0.35	0.48	0.54	0.44

Einhell Germany AG Inventory Turnover Calculation

Einhell Germany AG's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	582.934	/ (	(472.214	+	363.068)	/	2 )
=	582.934	/	417.641
=	1.40

Einhell Germany AG's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

	Inventory Turnover (Q: Sep. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	153.989	/ (	(329.062	+	369.067)	/	2 )
=	153.989	/	349.0645
=	0.44

Einhell Germany AG (LTS:0N9F) 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.

Einhell Germany AG's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	349.0645	/	153.989	*	365 / 4
	=	206.85

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.

Einhell Germany AG's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	349.0645	/	263.172
	=	1.33

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.

Einhell Germany AG Inventory Turnover Related Terms

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Einhell Germany AG Business Description

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EIN:Germany

Address

Wiesenweg 22, Landau an der Isar, DEU, D-94405

Website

https://www.einhell.com

Einhell Germany AG is engaged in the DIY sector and designs and distributes solutions for DIY enthusiasts and hobby gardeners for use at home, in the workshop, and in the garden. The companys product range includes hand-held power tools, stationary tools, and accessories as well as lawn and garden care tools, irrigation, and drainage solutions.

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