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SGLFF (SGL Carbon SE) Inventory Turnover : 0.54 (As of Sep. 2024)


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What is SGL Carbon SE 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. SGL Carbon SE's Cost of Goods Sold for the three months ended in Sep. 2024 was $219 Mil. SGL Carbon SE's Average Total Inventories for the quarter that ended in Sep. 2024 was $402 Mil. SGL Carbon SE's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.54.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. SGL Carbon SE's Days Inventory for the three months ended in Sep. 2024 was 167.45.

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. SGL Carbon SE's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 1.48.


SGL Carbon SE Inventory Turnover Historical Data

The historical data trend for SGL Carbon SE'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.

SGL Carbon SE Inventory Turnover Chart

SGL Carbon SE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.82 2.80 2.95 2.86 2.48

SGL Carbon SE 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.54 0.58 0.56 0.53 0.54

SGL Carbon SE Inventory Turnover Calculation

SGL Carbon SE'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 )
=930.752 / ((343.22 + 407.415) / 2 )
=930.752 / 375.3175
=2.48

SGL Carbon SE'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 )
=218.979 / ((403.337 + 400.333) / 2 )
=218.979 / 401.835
=0.54

* 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.


SGL Carbon SE  (OTCPK:SGLFF) 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.

SGL Carbon SE'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
=401.835/218.979*365 / 4
=167.45

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.

SGL Carbon SE'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 )
=401.835 / 270.699
=1.48

* 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.


SGL Carbon SE Inventory Turnover Related Terms

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SGL Carbon SE Business Description

Traded in Other Exchanges
Address
Sohnleinstrasse 8, Wiesbaden, DEU, 65201
SGL Carbon SE makes and sells carbon- and graphite-based products and is organized into below segments: composites-fibers and materials; graphite materials and systems; process technology and carbon fibres. The graphite materials and systems segment sells coarse, fine-grain, and expanded graphite products for industrial application and machine components to the semiconductor, energy, chemicals, and automotive industries. The carbon fibers and materials segment sells carbon fiber-based products to the automotive, energy, aerospace and defense, and consumer goods industries. The company generates more than half of its revenue from the graphite materials and systems segment and earns most of its revenue in Europe.

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