Schneider Electric SE (XPAR:SU) Inventory Turnover : 2.12 (As of Jun. 2024)

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

What is Schneider Electric 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. Schneider Electric SE's Cost of Goods Sold for the six months ended in Jun. 2024 was €10,284 Mil. Schneider Electric SE's Average Total Inventories for the quarter that ended in Jun. 2024 was €4,859 Mil. Schneider Electric SE's Inventory Turnover for the quarter that ended in Jun. 2024 was 2.12.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Schneider Electric SE's Days Inventory for the six months ended in Jun. 2024 was 86.23.

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. Schneider Electric SE's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.27.

Schneider Electric SE Inventory Turnover Historical Data

The historical data trend for Schneider Electric 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.

* Premium members only.

Schneider Electric SE Inventory Turnover Chart

Schneider Electric SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

5.54

5.24

4.98

4.88

4.71

Schneider Electric SE 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															2.24	2.42	2.21	2.29	2.12

Schneider Electric SE Inventory Turnover Calculation

Schneider Electric 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 )
=	20890	/ (	(4346	+	4519)	/	2 )
=	20890	/	4432.5
=	4.71

Schneider Electric SE'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 )
=	10284	/ (	(4519	+	5199)	/	2 )
=	10284	/	4859
=	2.12

Schneider Electric SE (XPAR:SU) 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.

Schneider Electric SE'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
	=	4859	/	10284	*	365 / 2
	=	86.23

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.

Schneider Electric SE'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 )
	=	4859	/	18173
	=	0.27

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.

Schneider Electric SE Inventory Turnover Related Terms

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

Schneider Electric SE Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Schneider Electric SE (XPAR:SU) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

SBGSY:USA SBGSF:USA SU:Mexico SUp:UK 0NWV:UK SNDB:Germany SND:Germany SND:Germany SND:Germany SND:Germany SU:Austria

Address

35, rue Joseph Monier - CS 30323, Rueil Malmaison Cedex, FRA, F-92506

Website

https://www.se.com

Schneider Electric is a leading global supplier of electrical and industrial automation equipment. The group has four end markets: buildings, data centers, infrastructure, and industry, each of which, relies on Schneider's products and solutions to ensure their operations run safely and efficiently. Schneider sells its products via distributors (45% of revenue), direct to customers (40% of revenue), and the remainder through other channels such as panel builders or system integrators. The group's largest geographic markets are the US, China, and India.