Rofin-Sinar Technologies (Rofin-Sinar Technologies) Inventory Turnover : 0.40 (As of Jun. 2016)

View and export this data going back to 1996. Start your Free Trial

What is Rofin-Sinar Technologies 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. Rofin-Sinar Technologies's Cost of Goods Sold for the three months ended in Jun. 2016 was $76.4 Mil. Rofin-Sinar Technologies's Average Total Inventories for the quarter that ended in Jun. 2016 was $189.3 Mil. Rofin-Sinar Technologies's Inventory Turnover for the quarter that ended in Jun. 2016 was 0.40.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Rofin-Sinar Technologies's Days Inventory for the three months ended in Jun. 2016 was 226.16.

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. Rofin-Sinar Technologies's Inventory-to-Revenue for the quarter that ended in Jun. 2016 was 1.50.

Rofin-Sinar Technologies Inventory Turnover Historical Data

The historical data trend for Rofin-Sinar Technologies'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.

Rofin-Sinar Technologies Inventory Turnover Chart

Rofin-Sinar Technologies Annual Data

Trend

Sep06

Sep07

Sep08

Sep09

Sep10

Sep11

Sep12

Sep13

Sep14

Sep15

Inventory Turnover

Get a 7-Day Free Trial

2.15

1.76

1.81

1.76

1.74

Rofin-Sinar Technologies Quarterly Data
	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16
Inventory Turnover	Get a 7-Day Free Trial															0.44	0.47	0.40	0.39	0.40

Rofin-Sinar Technologies Inventory Turnover Calculation

Rofin-Sinar Technologies's Inventory Turnover for the fiscal year that ended in Sep. 2015 is calculated as

	Inventory Turnover (A: Sep. 2015 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Sep. 2015 )	/ (	(Total Inventories (A: Sep. 2014 )	+	Total Inventories (A: Sep. 2015 ))	/	count )
=	323.165	/ (	(190.321	+	181.025)	/	2 )
=	323.165	/	185.673
=	1.74

Rofin-Sinar Technologies's Inventory Turnover for the quarter that ended in Jun. 2016 is calculated as

	Inventory Turnover (Q: Jun. 2016 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2016 )	/ (	(Total Inventories (Q: Mar. 2016 )	+	Total Inventories (Q: Jun. 2016 ))	/	count )
=	76.376	/ (	(188.277	+	190.31)	/	2 )
=	76.376	/	189.2935
=	0.40

Rofin-Sinar Technologies (NAS:RSTI) 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.

Rofin-Sinar Technologies's Days Inventory for the three months ended in Jun. 2016 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2016 )	/	Cost of Goods Sold (Q: Jun. 2016 )	*	Days in Period
	=	189.2935	/	76.376	*	365 / 4
	=	226.16

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.

Rofin-Sinar Technologies's Inventory to Revenue for the quarter that ended in Jun. 2016 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2016 )	/	Revenue (Q: Jun. 2016 )
	=	189.2935	/	125.94
	=	1.50

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.

Rofin-Sinar Technologies Inventory Turnover Related Terms

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

Rofin-Sinar Technologies (Rofin-Sinar Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Rofin-Sinar Technologies Inc (NAS:RSTI) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

Website

http://www.rofin.com

Rofin-Sinar Technologies Inc was incorporated in 1996 under the laws of the State of Delaware. The Company is engaged in the design, development, engineering, manufacturing and marketing of laser-based system solutions for industrial material processing applications which include cutting, welding and marking various materials. Lasers are a non-contact technology for material processing, which have several advantages compared to conventional manufacturing tools that are desirable in industrial applications. The Company's lasers deliver beam at guaranteed power outputs and feature compact design, high processing speed, flexibility, low operating and maintenance costs, and easy integration into the customers production process. Through its manufacturing, distribution and service network, the Company provides laser sources and laser-based system solutions to various markets such as the machine tool, automotive, the semiconductor, electronics, and photovoltaic industries. The Company sells directly to end-users and to original equipment manufacturers that integrate its laser sources with other system components. Some of its competitors are Trumpf, Fanuc, Synrad, Coherent, Laserline and Jenoptik. The Company is subject to many governmental regulations, including but not limited to the laser radiation safety regulations of the Radiation Control for Health and Safety Act administered by the National Center for Devices and Radiological Health, a branch of the United States Food and Drug Administration. Among other things, these regulations require them to file annual reports, to maintain quality control and sales records, to perform product testing, to distribute appropriate operating manuals, to conduct safety reviews, to incorporate design and operating features in products sold to end users, and to certify and label products.

Executives