Wirecard AG (Wirecard AG) Inventory Turnover : 50.65 (As of Sep. 2019)

View and export this data going back to 2008. Start your Free Trial

What is Wirecard 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. Wirecard AG's Cost of Goods Sold for the three months ended in Sep. 2019 was $416 Mil. Wirecard AG's Average Total Inventories for the quarter that ended in Sep. 2019 was $8 Mil. Wirecard AG's Inventory Turnover for the quarter that ended in Sep. 2019 was 50.65.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Wirecard AG's Days Inventory for the three months ended in Sep. 2019 was 1.80.

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. Wirecard AG's Inventory-to-Revenue for the quarter that ended in Sep. 2019 was 0.01.

Wirecard AG Inventory Turnover Historical Data

The historical data trend for Wirecard 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.

* Premium members only.

Wirecard AG Inventory Turnover Chart

Wirecard AG Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Inventory Turnover

Get a 7-Day Free Trial

74.37

106.32

121.85

85.89

85.53

Wirecard AG Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Inventory Turnover	Get a 7-Day Free Trial															24.88	27.73	31.03	43.14	50.65

Wirecard AG Inventory Turnover Calculation

Wirecard AG's Inventory Turnover for the fiscal year that ended in Dec. 2018 is calculated as

	Inventory Turnover (A: Dec. 2018 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2018 )	/ (	(Total Inventories (A: Dec. 2017 )	+	Total Inventories (A: Dec. 2018 ))	/	count )
=	1188.851	/ (	(15.74	+	12.059)	/	2 )
=	1188.851	/	13.8995
=	85.53

Wirecard AG's Inventory Turnover for the quarter that ended in Sep. 2019 is calculated as

	Inventory Turnover (Q: Sep. 2019 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2019 )	/ (	(Total Inventories (Q: Jun. 2019 )	+	Total Inventories (Q: Sep. 2019 ))	/	count )
=	415.529	/ (	(8.588	+	7.819)	/	2 )
=	415.529	/	8.2035
=	50.65

Wirecard AG (OTCPK:WRCDF) 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.

Wirecard AG's Days Inventory for the three months ended in Sep. 2019 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2019 )	/	Cost of Goods Sold (Q: Sep. 2019 )	*	Days in Period
	=	8.2035	/	415.529	*	365 / 4
	=	1.80

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.

Wirecard AG's Inventory to Revenue for the quarter that ended in Sep. 2019 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2019 )	/	Revenue (Q: Sep. 2019 )
	=	8.2035	/	805.617
	=	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.

Wirecard AG Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Wirecard AG's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Wirecard AG (Wirecard AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Wirecard AG (OTCPK:WRCDF) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Einsteinring 35, Aschheim, DEU, 85609

Website

https://www.wirecard.com

Wirecard AG is a Germany-based provider of software solutions to the financial services industry. The firm's operations are organized in three segments: Payment Processing and Risk Management, which offers electronic payment processing services; Acquiring and Issuing, which issues credit cards and statements for payments and transactions; and Call Center and Communication Services, which offers relationship management services to corporate customers. The firm has operations in Europe, the United States, and the Asia-Pacific region.