WTKWY (Wolters Kluwer NV) Inventory Turnover : 9.62 (As of Jun. 2024)

View and export this data going back to 1989. Start your Free Trial

What is Wolters Kluwer NV 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. Wolters Kluwer NV's Cost of Goods Sold for the six months ended in Jun. 2024 was $860 Mil. Wolters Kluwer NV's Average Total Inventories for the quarter that ended in Jun. 2024 was $89 Mil. Wolters Kluwer NV's Inventory Turnover for the quarter that ended in Jun. 2024 was 9.62.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Wolters Kluwer NV's Days Inventory for the six months ended in Jun. 2024 was 18.97.

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. Wolters Kluwer NV's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.03.

Wolters Kluwer NV Inventory Turnover Historical Data

The historical data trend for Wolters Kluwer NV'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.

Wolters Kluwer NV Inventory Turnover Chart

Wolters Kluwer NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

19.01

20.18

19.88

21.28

19.61

Wolters Kluwer NV Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Inventory Turnover	Get a 7-Day Free Trial															10.36	11.06	9.95	9.83	9.62

Wolters Kluwer NV Inventory Turnover Calculation

Wolters Kluwer NV'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 )
=	1718.648	/ (	(83.686	+	91.603)	/	2 )
=	1718.648	/	87.6445
=	19.61

Wolters Kluwer NV's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

	Inventory Turnover (Q: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )
=	860.064	/ (	(91.603	+	87.191)	/	2 )
=	860.064	/	89.397
=	9.62

Wolters Kluwer NV (OTCPK:WTKWY) 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.

Wolters Kluwer NV's Days Inventory for the six months ended in Jun. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2024 )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
	=	89.397	/	860.064	*	365 / 2
	=	18.97

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.

Wolters Kluwer NV's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	89.397	/	3111.948
	=	0.03

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.

Wolters Kluwer NV Inventory Turnover Related Terms

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

Wolters Kluwer NV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Wolters Kluwer NV (OTCPK:WTKWY) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

WOLTF:USA WKL:Netherlands WKLa:UK 0NMU:UK WOS:Germany WOS:Germany WOSB:Germany WOSB:Germany WOSB:Germany WOSB:Germany WKL:Austria

Address

Zuidpoolsingel 2, P.O. Box 1030, Alphen aan den Rijn, ZH, NLD, 2400

Website

https://www.wolterskluwer.com

Wolters Kluwer is a global provider of professional information, software solutions, and services in health; tax and accounting; environmental, social, and governance; finance; compliance; and legal. More than 60% of revenue is generated in North America and around 30% is from Europe.