MANZF (Manz AG) Inventory Turnover: 0.67 (As of Sep. 2024)

What is Manz AG Inventory Turnover?

Manz AG MANZF 10 Inventory Turnover is 0.67 as of Sep. 2024. GuruFocus rates MANZF with a GF Score™ of 10/100.

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. Manz AG's Cost of Goods Sold for the three months ended in Sep. 2024 was $19.4 Mil. Manz AG's Average Total Inventories for the quarter that ended in Sep. 2024 was $29.1 Mil. Manz AG's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.67.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Manz AG's Days Inventory for the three months ended in Sep. 2024 was 136.76.

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. Manz AG's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.75.

Manz AG (OTCPK:MANZF) 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.

Manz 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
	=	29.118	/	19.428	*	365 / 4
	=	136.76

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.

Manz 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 )
	=	29.118	/	38.987
	=	0.75

* 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.

Manz AG Inventory Turnover Related Terms

Manz AG Inventory Turnover Historical Data

* Premium members only.

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

Manz AG Inventory Turnover Chart

Manz AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

5.18

6.05

5.35

3.94

3.43

Manz 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															0.54	0.67	0.87	1.02	0.67

10GF Score

Manz AG MANZF

Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.

View Full Analysis

Manz AG Inventory Turnover Calculation

Manz 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 )
=	138.6	/ (	(45.086	+	35.749)	/	2 )
=	138.6	/	40.4175
=	3.43

Manz 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 )
=	19.428	/ (	(26.863	+	31.373)	/	2 )
=	19.428	/	29.118
=	0.67

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 0.67 mean?

Manz AG (MANZF) has a Inventory Turnover of 0.67 as of Sep. 2024. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Manz AG and its competitors.

Is Manz AG's Inventory Turnover too high?

Manz AG's current Inventory Turnover is 0.67. Overall, Manz AG has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.

How does Manz AG's Inventory Turnover compare to AMAT and LRCX?

Manz AG's Inventory Turnover of 0.67 can be compared against companies in the Semiconductors 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 Semiconductors company?

A good Inventory Turnover depends on the Semiconductors 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 Manz AG and its competitors. Manz AG's current Inventory Turnover is 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Manz AG stock overvalued right now?

Manz AG (MANZF) has a current Inventory Turnover of 0.67. The current Inventory Turnover is 0.67. Manz AG's overall GF Score™ is 10/100. 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 Manz AG (MANZF), the current Inventory Turnover is 0.67 as of Sep. 2024. 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.

Manz AG Business Description

Industry Technology Semiconductors

Comparable Companies XAMS:ASML AMAT LRCX KLAC TSE:8035 TSE:6857 SZSE:002371 TSE:6146 XAMS:ASM SHSE:688012 TER SHSE:601012 ENTG SZSE:000100 SHSE:688729 TSE:6920 SHSE:688082 XAMS:BESI TSE:5016 SHSE:688072

Address Steigaeckerstrasse 5, Reutlingen, BW, DEU, 72768

Website https://www.manz.com

Manz AG is a high-tech equipment manufacturer. The company develops expertise in technology in fields including automation, vacuum coating, metrology, laser processing, wet chemistry, printing and coating, and roll-to-roll. It consists of an Electronic Business, Solar Business, Contract manufacturing, Service & Energy Storage Business. The majority of the revenue is derived from the sale of displays for liquid crystal displays & organic light-emitting diodes flat screens, touch sensors, production systems for printed circuit boards, chip carriers & also smartphones, tablet computers, notebooks & other consumer electronics. It has two segments Mobility and battery solutions & Industry solutions, key revenue is generated from Industry solutions.

10GF Score

Get the complete analysis for MANZF

Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.06

Price

View MANZF Analysis

See Inventory Turnover data for all stocks →