X-FAB Silicon Foundries SE (XPAR:XFAB) Inventory Turnover : 0.61 (As of Mar. 2024)

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What is X-FAB Silicon Foundries 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. X-FAB Silicon Foundries SE's Cost of Goods Sold for the three months ended in Mar. 2024 was €152.5 Mil. X-FAB Silicon Foundries SE's Average Total Inventories for the quarter that ended in Mar. 2024 was €250.9 Mil. X-FAB Silicon Foundries SE's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.61.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. X-FAB Silicon Foundries SE's Days Inventory for the three months ended in Mar. 2024 was 150.08.

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. X-FAB Silicon Foundries SE's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.26.

X-FAB Silicon Foundries SE Inventory Turnover Historical Data

The historical data trend for X-FAB Silicon Foundries 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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X-FAB Silicon Foundries SE Inventory Turnover Chart

X-FAB Silicon Foundries SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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3.21

2.69

3.14

3.02

2.73

X-FAB Silicon Foundries SE Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															0.67	0.66	0.65	0.73	0.61

X-FAB Silicon Foundries SE Inventory Turnover Calculation

X-FAB Silicon Foundries 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 )
=	613.671	/ (	(202.427	+	246.881)	/	2 )
=	613.671	/	224.654
=	2.73

X-FAB Silicon Foundries SE's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	152.523	/ (	(246.881	+	254.824)	/	2 )
=	152.523	/	250.8525
=	0.61

X-FAB Silicon Foundries SE (XPAR:XFAB) 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.

X-FAB Silicon Foundries SE's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	250.8525	/	152.523	*	365 / 4
	=	150.08

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.

X-FAB Silicon Foundries SE's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	250.8525	/	198.861
	=	1.26

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.

X-FAB Silicon Foundries SE Inventory Turnover Related Terms

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X-FAB Silicon Foundries SE (XPAR:XFAB) Business Description

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XFABF:USA XFB:Germany

Address

Transportstraat 1, Tessenderlo, BEL, 3980

Website

https://www.xfab.com

X-FAB Silicon Foundries SE is a specialty foundry for analog and mixed-signal technologies with a strategic focus on automotive, industrial, and medical markets. X-FAB provides manufacturing and design support services to its customers that design analog and mixed-signal integrated circuits and other semiconductor devices. Major business geographies are Europe, Asia, the United States of America, and the Rest of the world. Geographically the company receives maximum revenue from Europe.

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