gategroup Holding AG (XSWX:GATE) Inventory Turnover: 24.63 (As of Dec. 2019)


What is gategroup Holding AG Inventory Turnover?

gategroup Holding AG XSWX:GATE Inventory Turnover is 24.63 as of Dec. 2019. The stock has 8 warning signs investors should review.

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. gategroup Holding AG's Cost of Goods Sold for the six months ended in Dec. 2019 was CHF3,855.10 Mil. gategroup Holding AG's Average Total Inventories for the quarter that ended in Dec. 2019 was CHF156.50 Mil. gategroup Holding AG's Inventory Turnover for the quarter that ended in Dec. 2019 was 24.63.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. gategroup Holding AG's Days Inventory for the six months ended in Dec. 2019 was 7.41.

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. gategroup Holding AG's Inventory-to-Revenue for the quarter that ended in Dec. 2019 was 0.03.

gategroup Holding AG  (XSWX:GATE) 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.

gategroup Holding AG's Days Inventory for the six months ended in Dec. 2019 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2019 )/Cost of Goods Sold (Q: Dec. 2019 )*Days in Period
=156.5/3855.1*365 / 2
=7.41

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.

gategroup Holding AG's Inventory to Revenue for the quarter that ended in Dec. 2019 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2019 ) / Revenue (Q: Dec. 2019 )
=156.5 / 4962.8
=0.03

* 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.

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.

gategroup Holding AG Inventory Turnover Related Terms

gategroup Holding AG Inventory Turnover Historical Data

* Premium members only.

The historical data trend for gategroup Holding 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.

gategroup Holding AG Inventory Turnover Chart

gategroup Holding AG Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.29 23.64 24.06 22.21 24.63

gategroup Holding AG Semi-Annual Data
Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.29 23.64 24.06 22.21 24.63

gategroup Holding AG Inventory Turnover Calculation

gategroup Holding AG's Inventory Turnover for the fiscal year that ended in Dec. 2019 is calculated as

Inventory Turnover (A: Dec. 2019 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2019 ) / ((Total Inventories (A: Dec. 2018 ) + Total Inventories (A: Dec. 2019 )) / count )
=3855.1 / ((168.5 + 144.5) / 2 )
=3855.1 / 156.5
=24.63

gategroup Holding AG's Inventory Turnover for the quarter that ended in Dec. 2019 is calculated as

Inventory Turnover (Q: Dec. 2019 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2019 ) / ((Total Inventories (Q: Dec. 2018 ) + Total Inventories (Q: Dec. 2019 )) / count )
=3855.1 / ((168.5 + 144.5) / 2 )
=3855.1 / 156.5
=24.63

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 24.63 mean?
gategroup Holding AG (XSWX:GATE) has a Inventory Turnover of 24.63 as of Dec. 2019. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on gategroup Holding AG and its competitors.
Is gategroup Holding AG's Inventory Turnover too high?
gategroup Holding AG's current Inventory Turnover is 24.63.
How does gategroup Holding AG's Inventory Turnover compare to CAAP and AAWW?
gategroup Holding AG's Inventory Turnover of 24.63 can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Transportation company?
A good Inventory Turnover depends on the Transportation industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on gategroup Holding AG and its competitors. gategroup Holding AG's current Inventory Turnover is 24.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is gategroup Holding AG stock overvalued right now?
gategroup Holding AG (XSWX:GATE) has a current Inventory Turnover of 24.63. The current Inventory Turnover is 24.63. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For gategroup Holding AG (XSWX:GATE), the current Inventory Turnover is 24.63 as of Dec. 2019. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

gategroup Holding AG Business Description

Address Sagereistrasse 20, Glattbrugg, CHE, CH-8152
gategroup Holding AG is engaged in the operation of airline catering and provision of related services in Switzerland. It provides airline catering, retail and technology services, onboard service equipment, and supply chain and logistics solutions. Its segments include EMEA, North America, Latin America and Asia Pacific regions.