VIAOY (VIA optronics Holding AG) Inventory Turnover: 1.76 (As of Dec. 2022)


VIAOY VIA optronics Holding AG VIAOY
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What is VIA optronics Holding AG Inventory Turnover?

VIA optronics Holding AG VIAOY 12 Inventory Turnover is 1.76 as of Dec. 2022. GuruFocus rates VIAOY with a GF Score™ of 12/100.

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. VIA optronics Holding AG's Cost of Goods Sold for the three months ended in Dec. 2022 was $47.0 Mil. VIA optronics Holding AG's Average Total Inventories for the quarter that ended in Dec. 2022 was $26.7 Mil. VIA optronics Holding AG's Inventory Turnover for the quarter that ended in Dec. 2022 was 1.76.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. VIA optronics Holding AG's Days Inventory for the three months ended in Dec. 2022 was 51.85.

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. VIA optronics Holding AG's Inventory-to-Revenue for the quarter that ended in Dec. 2022 was 0.45.

VIA optronics Holding AG  (OTCPK:VIAOY) 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.

VIA optronics Holding AG's Days Inventory for the three months ended in Dec. 2022 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2022 )/Cost of Goods Sold (Q: Dec. 2022 )*Days in Period
=26.72/47.026*365 / 4
=51.85

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.

VIA optronics Holding AG's Inventory to Revenue for the quarter that ended in Dec. 2022 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2022 ) / Revenue (Q: Dec. 2022 )
=26.72 / 59.222
=0.45

* 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.

VIA optronics Holding AG Inventory Turnover Related Terms

VIA optronics Holding AG Inventory Turnover Historical Data

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The historical data trend for VIA optronics Holding 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.

VIA optronics Holding AG Inventory Turnover Chart

VIA optronics Holding AG Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Inventory Turnover
Get a 7-Day Free Trial 7.32 7.18 8.48 5.89 6.62

VIA optronics Holding AG Quarterly Data
Dec18 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 1.25 1.31 1.10 1.53 1.76
VIAOY
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VIA optronics Holding AG VIAOY
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VIA optronics Holding AG Inventory Turnover Calculation

VIA optronics Holding 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 )
=206.137 / ((40.508 + 21.757) / 2 )
=206.137 / 31.1325
=6.62

VIA optronics Holding AG's Inventory Turnover for the quarter that ended in Dec. 2022 is calculated as

Inventory Turnover (Q: Dec. 2022 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2022 ) / ((Total Inventories (Q: Sep. 2022 ) + Total Inventories (Q: Dec. 2022 )) / count )
=47.026 / ((31.683 + 21.757) / 2 )
=47.026 / 26.72
=1.76

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 1.76 mean?
VIA optronics Holding AG (VIAOY) has a Inventory Turnover of 1.76 as of Dec. 2022. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on VIA optronics Holding AG and its competitors.
Is VIA optronics Holding AG's Inventory Turnover too high?
VIA optronics Holding AG's current Inventory Turnover is 1.76. Overall, VIA optronics Holding AG has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does VIA optronics Holding AG's Inventory Turnover compare to APH and TEL?
VIA optronics Holding AG's Inventory Turnover of 1.76 can be compared against companies in the Hardware 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 Hardware company?
A good Inventory Turnover depends on the Hardware 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 VIA optronics Holding AG and its competitors. VIA optronics Holding AG's current Inventory Turnover is 1.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VIA optronics Holding AG stock overvalued right now?
VIA optronics Holding AG (VIAOY) has a current Inventory Turnover of 1.76. The current Inventory Turnover is 1.76. VIA optronics Holding AG's overall GF Score™ is 12/100. 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 VIA optronics Holding AG (VIAOY), the current Inventory Turnover is 1.76 as of Dec. 2022. 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.

VIA optronics Holding AG Business Description

Address Sieboldstrasse 18, Nuremberg, BY, DEU, D-90411
VIA optronics Holding AG provides interactive display solutions and systems for the industrial, automotive, and consumer electronics markets. The company develops, manufactures, and sells customized and application-specific metal mesh touch sensors and electrode base film materials for use in touch modules or other touch products. The portfolio includes Interactive Display Systems, Display Solutions, Camera Solutions and Systems. The group generates revenue from the sale of enhanced display solutions, which use optical bonding technology and metal mesh touch sensors. It operates in three segments, namely, Display Solutions, Sensor Technologies, and Other Segments.
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