Leonteq AG (LTS:0QNE) Inventory Turnover : 0.24 (As of Dec. 2023)

View and export this data going back to 2014. Start your Free Trial

What is Leonteq 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. Leonteq AG's Cost of Goods Sold for the six months ended in Dec. 2023 was CHF61.1 Mil. Leonteq AG's Average Total Inventories for the quarter that ended in Dec. 2023 was CHF252.8 Mil. Leonteq AG's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.24.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Leonteq AG's Days Inventory for the six months ended in Dec. 2023 was 755.59.

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. Leonteq AG's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 2.81.

Leonteq AG Inventory Turnover Historical Data

The historical data trend for Leonteq 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.

Leonteq AG Inventory Turnover Chart

Leonteq AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

5.84

1.37

0.45

0.47

0.62

Leonteq AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															0.16	0.26	0.40	0.40	0.24

Leonteq AG Inventory Turnover Calculation

Leonteq 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 )
=	134.118	/ (	(148.162	+	287.072)	/	2 )
=	134.118	/	217.617
=	0.62

Leonteq AG's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	61.062	/ (	(218.551	+	287.072)	/	2 )
=	61.062	/	252.8115
=	0.24

Leonteq AG (LTS:0QNE) 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.

Leonteq AG's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	252.8115	/	61.062	*	365 / 2
	=	755.59

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.

Leonteq AG's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	252.8115	/	89.997
	=	2.81

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.

Leonteq AG Inventory Turnover Related Terms

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

Leonteq AG (LTS:0QNE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Leonteq AG (LTS:0QNE) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

LEONz:UK LEONE:Switzerland LEON:Switzerland

Address

Europaallee 39, Zurich, CHE, 8004

Website

https://www.leonteq.com

Leonteq AG is a Swiss fintech company with a marketplace for structured investment solutions. Based on proprietary modern technology, the company offers derivative investment products and services. Leonteq acts as both a direct issuer of its own products and as a partner to other financial institutions. Leonteq further enables life insurance companies and banks to produce capital-efficient, unit-linked pension products with guarantees. The company has a presence in its home market of Switzerland and Europe, as well as an established footprint in Asia.

Leonteq AG (LTS:0QNE) Headlines

No Headlines