CANCOM SE (WBO:COK) Inventory Turnover : 3.00 (As of Dec. 2023)

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What is CANCOM 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. CANCOM SE's Cost of Goods Sold for the three months ended in Dec. 2023 was €292 Mil. CANCOM SE's Average Total Inventories for the quarter that ended in Dec. 2023 was €97 Mil. CANCOM SE's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. CANCOM SE's Days Inventory for the three months ended in Dec. 2023 was 30.37.

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. CANCOM SE's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.21.

CANCOM SE Inventory Turnover Historical Data

The historical data trend for CANCOM 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.

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CANCOM SE Inventory Turnover Chart

CANCOM SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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28.67

14.89

13.06

11.25

11.82

CANCOM SE Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															2.25	2.31	2.17	2.46	3.00

CANCOM SE Inventory Turnover Calculation

CANCOM 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 )
=	955.649	/ (	(82.694	+	79.073)	/	2 )
=	955.649	/	80.8835
=	11.82

CANCOM SE's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	291.626	/ (	(115.025	+	79.073)	/	2 )
=	291.626	/	97.049
=	3.00

CANCOM SE (WBO:COK) 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.

CANCOM SE's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	97.049	/	291.626	*	365 / 4
	=	30.37

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.

CANCOM SE's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	97.049	/	466.119
	=	0.21

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.

CANCOM SE Inventory Turnover Related Terms

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CANCOM SE (WBO:COK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » CANCOM SE (WBO:COK) » Definitions » Inventory Turnover

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COKd:UK 0O0F:UK COK:Germany

Address

Erika-Mann-Strasse 69, Munich, BY, DEU, D-80636

Website

https://www.cancom.de

CANCOM SE is a provider of IT infrastructure and IT services in Germany and Austria. Business operations of the company are carried out through Germany, Austria, Switzerland, and the U.S.A. The company offers IT architecture, systems integration and managed services. The company managed its businesses in two segments: Cloud Solutions and IT Solutions of which the IT Solutions segment contributes a majority of total revenue. Cloud Solutions segment comprises the cloud and shared managed services business, including project related cloud hardware, software, and services business. IT Solutions offers comprehensive support for IT infrastructure and applications.

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