Wacker Chemie AG (Wacker Chemie AG) Inventory Turnover : 1.67 (As of Dec. 2023)

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What is Wacker Chemie 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. Wacker Chemie AG's Cost of Goods Sold for the six months ended in Dec. 2023 was $2,702 Mil. Wacker Chemie AG's Average Total Inventories for the quarter that ended in Dec. 2023 was $1,617 Mil. Wacker Chemie AG's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.67.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Wacker Chemie AG's Days Inventory for the six months ended in Dec. 2023 was 109.25.

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. Wacker Chemie AG's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.51.

Wacker Chemie AG Inventory Turnover Historical Data

The historical data trend for Wacker Chemie 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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Wacker Chemie AG Inventory Turnover Chart

Wacker Chemie AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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4.09

4.31

4.27

4.16

3.48

Wacker Chemie AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															2.14	2.09	1.94	1.81	1.67

Wacker Chemie AG Inventory Turnover Calculation

Wacker Chemie AG'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 )
=	5800.654	/ (	(1754.025	+	1580.371)	/	2 )
=	5800.654	/	1667.198
=	3.48

Wacker Chemie AG'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: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	2701.527	/ (	(1653.954	+	1580.371)	/	2 )
=	2701.527	/	1617.1625
=	1.67

Wacker Chemie AG (OTCPK:WKCMF) 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.

Wacker Chemie AG's Days Inventory for the six 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
	=	1617.1625	/	2701.527	*	365 / 2
	=	109.25

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.

Wacker Chemie AG'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 )
	=	1617.1625	/	3168.375
	=	0.51

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.

Wacker Chemie AG Inventory Turnover Related Terms

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Wacker Chemie AG (Wacker Chemie AG) Business Description

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Address

Hanns-Seidel-Platz 4, Munich, BY, DEU, 81737

Website

https://www.wacker.com

Wacker Chemie AG manufactures and sells chemicals and silicon-based products. The firm organizes itself into four segments based on product type. The Wacker Silicones segment, which generates the most revenue of any segment, sells silicon- and methanol-based products, including durable insulators, lubricants, and sealants. The Wacker Polymers segment provides chemical binders and additives used in construction industry products. The Wacker Biosolutions segment sells chemicals to the pharmaceutical and agrochemical industries. The Wacker Polysilicon segment sells material for solar power and semiconductors. The majority of revenue comes from Europe, China, India, and South Korea.

Wacker Chemie AG (Wacker Chemie AG) Headlines

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