Limes Schlosskliniken AG (STU:LIK) Inventory Turnover : 18.45 (As of Jun. 2023)

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What is Limes Schlosskliniken 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. Limes Schlosskliniken AG's Cost of Goods Sold for the six months ended in Jun. 2023 was €1.49 Mil. Limes Schlosskliniken AG's Average Total Inventories for the quarter that ended in Jun. 2023 was €0.08 Mil. Limes Schlosskliniken AG's Inventory Turnover for the quarter that ended in Jun. 2023 was 18.45.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Limes Schlosskliniken AG's Days Inventory for the six months ended in Jun. 2023 was 9.89.

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. Limes Schlosskliniken AG's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.01.

Limes Schlosskliniken AG Inventory Turnover Historical Data

The historical data trend for Limes Schlosskliniken 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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Limes Schlosskliniken AG Inventory Turnover Chart

Limes Schlosskliniken AG Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

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114.75

81.05

117.81

377.73

58.75

Limes Schlosskliniken AG Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Inventory Turnover	Get a 7-Day Free Trial							73.60	310.82	46.08	14.45	18.45

Limes Schlosskliniken AG Inventory Turnover Calculation

Limes Schlosskliniken 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 )
=	2.82	/ (	(0.012	+	0.084)	/	2 )
=	2.82	/	0.048
=	58.75

Limes Schlosskliniken 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 )
=	1.485	/ (	(0.084	+	0.077)	/	2 )
=	1.485	/	0.0805
=	18.45

Limes Schlosskliniken AG (STU:LIK) 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.

Limes Schlosskliniken 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
	=	0.0805	/	1.485	*	365 / 2
	=	9.89

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.

Limes Schlosskliniken 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 )
	=	0.0805	/	13.983
	=	0.01

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.

Limes Schlosskliniken AG Inventory Turnover Related Terms

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Limes Schlosskliniken AG (STU:LIK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Limes Schlosskliniken AG (STU:LIK) » Definitions » Inventory Turnover

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LIK:Germany

Address

Kaiser-Wilhelm-Ring 26, Cologne, NW, DEU, 50672

Website

https://www.limes-schlosskliniken.de

Limes Schlosskliniken AG operates mental and psychosomatic mental health clinic. It specializes in the treatment of stress disorders including depressions, Burnout Syndrome, Posttraumatic stress disorder, Anxiety / obsessive-compulsive disorder, eating disorders, personality disorders, and Somatization disorders such as chronic pain. LIMES Schlosskliniken operates in the market for high-quality private hospitals specializing in psychiatry, psychotherapy, and psychosomatics in Germany and Switzerland.

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