Enapter AG (STU:H2O) Inventory Turnover : 0.20 (As of Jun. 2023)

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What is Enapter 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. Enapter AG's Cost of Goods Sold for the six months ended in Jun. 2023 was €1.99 Mil. Enapter AG's Average Total Inventories for the quarter that ended in Jun. 2023 was €10.09 Mil. Enapter AG's Inventory Turnover for the quarter that ended in Jun. 2023 was 0.20.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Enapter AG's Days Inventory for the six months ended in Jun. 2023 was 925.39.

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. Enapter AG's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 2.12.

Enapter AG Inventory Turnover Historical Data

The historical data trend for Enapter 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.

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Enapter AG Inventory Turnover Chart

Enapter AG Annual Data

Trend

Dec07

Dec08

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

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-0.12

1.63

0.85

Enapter AG Semi-Annual Data
	Dec07	Dec08	Jun09	Jun11	Jan17	Jul17	Jan18	Jul18	Jan19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Inventory Turnover	Get a 7-Day Free Trial												-0.10	1.14	0.26	0.40	0.20

Enapter AG Inventory Turnover Calculation

Enapter AG's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	5.105	/ (	(3.604	+	8.421)	/	2 )
=	5.105	/	6.0125
=	0.85

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

	Inventory Turnover (Q: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2023 )	/ (	(Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )
=	1.99	/ (	(8.421	+	11.76)	/	2 )
=	1.99	/	10.0905
=	0.20

Enapter AG (STU:H2O) 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.

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

Days Inventory	=	Average Total Inventories (Q: Jun. 2023 )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
	=	10.0905	/	1.99	*	365 / 2
	=	925.39

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.

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

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	10.0905	/	4.766
	=	2.12

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.

Enapter AG Inventory Turnover Related Terms

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Enapter AG (STU:H2O) Business Description

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H2O:Germany

Address

Reinhardtstr. 35, Berlin, BB, DEU, 10117

Website

https://www.enapter.com

Enapter AG is engaged in research and development in the field of hydrogen systems with a focus on electrolysis, project management in Renewable Energy Systems and Smart-Grid Technology, software development for Smart Grid, Smart Energy and Industry 4.0 and Internet of Things (IoT), and manufacturing and production, design, planning, trading and resale of electrolysers and similar products and related software and control systems. Specifically, the Enapter Group develops and manufactures patented electrolysers based on Anion Exchange Membrane (AEM) technology. the Group had only one reportable segment which is the design and production of hydrogen generators based on patented anion exchange membrane electrolysis (AEM electrolysis) and pursues.

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