VJTTY (voxeljet AG) Inventory Turnover: 0.34 (As of Sep. 2023)

What is voxeljet AG Inventory Turnover?

voxeljet AG VJTTY 12 Inventory Turnover is 0.34 as of Sep. 2023. GuruFocus rates VJTTY 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. voxeljet AG's Cost of Goods Sold for the three months ended in Sep. 2023 was $4.82 Mil. voxeljet AG's Average Total Inventories for the quarter that ended in Sep. 2023 was $14.36 Mil. voxeljet AG's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.34.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. voxeljet AG's Days Inventory for the three months ended in Sep. 2023 was 271.92.

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. voxeljet AG's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 2.18.

voxeljet AG (OTCPK:VJTTY) 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.

voxeljet AG's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	14.3605	/	4.819	*	365 / 4
	=	271.92

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.

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

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	14.3605	/	6.582
	=	2.18

* 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.

voxeljet AG Inventory Turnover Related Terms

voxeljet AG Inventory Turnover Historical Data

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The historical data trend for voxeljet AG's Inventory Turnover can be seen below:

voxeljet AG Inventory Turnover Chart

voxeljet AG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

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1.71

1.53

1.30

1.55

1.85

voxeljet AG Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Inventory Turnover	Get a 7-Day Free Trial															0.30	0.65	0.35	0.40	0.34

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voxeljet AG Inventory Turnover Calculation

voxeljet 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 )
=	20.811	/ (	(10.714	+	11.797)	/	2 )
=	20.811	/	11.2555
=	1.85

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

	Inventory Turnover (Q: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	4.819	/ (	(14.061	+	14.66)	/	2 )
=	4.819	/	14.3605
=	0.34

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 0.34 mean?

voxeljet AG (VJTTY) has a Inventory Turnover of 0.34 as of Sep. 2023. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on voxeljet AG and its competitors.

Is voxeljet AG's Inventory Turnover too high?

voxeljet AG's current Inventory Turnover is 0.34. Overall, voxeljet AG has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.

How does voxeljet AG's Inventory Turnover compare to FATH and UAVS?

voxeljet AG's Inventory Turnover of 0.34 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 voxeljet AG and its competitors. voxeljet AG's current Inventory Turnover is 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is voxeljet AG stock overvalued right now?

voxeljet AG (VJTTY) has a current Inventory Turnover of 0.34. The current Inventory Turnover is 0.34. voxeljet 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 voxeljet AG (VJTTY), the current Inventory Turnover is 0.34 as of Sep. 2023. 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.

voxeljet AG Business Description

Industry Technology Hardware

Comparable Companies FATH UAVS STRC SGE SCKT CRTG VIDE AITX ITOX KTCC ANET DELL SZSE:002415 HPQ TPE:2382 TSE:7751 SHSE:688041 HKSE:00992 NTAP STX

Address Paul-Lenz Strasse 1a, Augsburg, DEU, 86316

Website https://www.voxeljet.de

voxeljet AG is in the business of providing high-speed large-format 3d printers and on-demand parts services to industrial and commercial customers and also specializes in Powder-binder-Jetting of plastic and sand. Its product portfolio consists of 3d printers such as VX200, VX500, and VX100. The company supplies its products to the industries such as Foundries, Automotive industries, Aerospace, Pumps, Architecture, Film, and Museum etc. It has Systems and Services operating segments.

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