MME Moviement AG (LTS:0NDQ) Inventory Turnover: 22.29 (As of Feb. 2015)

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What is MME Moviement AG Inventory Turnover?

MME Moviement AG LTS:0NDQ Inventory Turnover is 22.29 as of Feb. 2015. The stock has 3 warning signs investors should review.

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. MME Moviement AG's Cost of Goods Sold for the six months ended in Feb. 2015 was £15.96 Mil. MME Moviement AG's Average Total Inventories for the quarter that ended in Feb. 2015 was £0.72 Mil. MME Moviement AG's Inventory Turnover for the quarter that ended in Feb. 2015 was 22.29.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. MME Moviement AG's Days Inventory for the six months ended in Feb. 2015 was 8.19.

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. MME Moviement AG's Inventory-to-Revenue for the quarter that ended in Feb. 2015 was 0.02.

MME Moviement AG  (LTS:0NDQ) 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.

MME Moviement AG's Days Inventory for the six months ended in Feb. 2015 is calculated as:

Days Inventory =Average Total Inventories (Q: Feb. 2015 )/Cost of Goods Sold (Q: Feb. 2015 )*Days in Period
=0.716/15.962*365 / 2
=8.19

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.

MME Moviement AG's Inventory to Revenue for the quarter that ended in Feb. 2015 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Feb. 2015 ) / Revenue (Q: Feb. 2015 )
=0.716 / 35.979
=0.02

* 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.

MME Moviement AG Inventory Turnover Related Terms

MME Moviement AG Inventory Turnover Historical Data

* Premium members only.

The historical data trend for MME Moviement 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.

MME Moviement AG Inventory Turnover Chart

MME Moviement AG Annual Data
Trend Dec04 Dec05 Dec06 Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.03 0.00 52.65 63.75 55.92

MME Moviement AG Semi-Annual Data
Dec03 Aug08 Feb09 Aug09 Feb10 Aug10 Feb11 Aug11 Feb12 Aug12 Feb13 Aug13 Feb14 Aug14 Feb15
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 9.81 11.38 25.26 23.15 22.29

MME Moviement AG Inventory Turnover Calculation

MME Moviement AG's Inventory Turnover for the fiscal year that ended in Aug. 2014 is calculated as

Inventory Turnover (A: Aug. 2014 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Aug. 2014 ) / ((Total Inventories (A: Aug. 2013 ) + Total Inventories (A: Aug. 2014 )) / count )
=36.154 / ((0.593 + 0.7) / 2 )
=36.154 / 0.6465
=55.92

MME Moviement AG's Inventory Turnover for the quarter that ended in Feb. 2015 is calculated as

Inventory Turnover (Q: Feb. 2015 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Feb. 2015 ) / ((Total Inventories (Q: Aug. 2014 ) + Total Inventories (Q: Feb. 2015 )) / count )
=15.962 / ((0.7 + 0.732) / 2 )
=15.962 / 0.716
=22.29

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 22.29 mean?
MME Moviement AG (LTS:0NDQ) has a Inventory Turnover of 22.29 as of Feb. 2015. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on MME Moviement AG and its competitors.
Is MME Moviement AG's Inventory Turnover too high?
MME Moviement AG's current Inventory Turnover is 22.29.
How does MME Moviement AG's Inventory Turnover compare to REBL and SGA?
MME Moviement AG's Inventory Turnover of 22.29 can be compared against companies in the Media - Diversified industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Media - Diversified company?
A good Inventory Turnover depends on the Media - Diversified industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on MME Moviement AG and its competitors. MME Moviement AG's current Inventory Turnover is 22.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MME Moviement AG stock overvalued right now?
MME Moviement AG (LTS:0NDQ) has a current Inventory Turnover of 22.29. The current Inventory Turnover is 22.29. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For MME Moviement AG (LTS:0NDQ), the current Inventory Turnover is 22.29 as of Feb. 2015. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

MME Moviement AG Business Description

The Company is a leading independent content producer for television entertainment. It supplies TV broadcasters in Germany with its productions in the programme categories Fiction, Non-Fiction, Documentation and Show/Music programming.