Georg Fischer AG (XSWX:GF) Inventory Turnover : 0.99 (As of Dec. 2023)

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What is Georg Fischer 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. Georg Fischer AG's Cost of Goods Sold for the six months ended in Dec. 2023 was CHF914 Mil. Georg Fischer AG's Average Total Inventories for the quarter that ended in Dec. 2023 was CHF923 Mil. Georg Fischer AG's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.99.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Georg Fischer AG's Days Inventory for the six months ended in Dec. 2023 was 184.30.

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. Georg Fischer AG's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.45.

Georg Fischer AG Inventory Turnover Historical Data

The historical data trend for Georg Fischer 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.

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Georg Fischer AG Inventory Turnover Chart

Georg Fischer AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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2.23

2.12

2.43

2.23

1.92

Georg Fischer AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															1.18	1.08	1.07	0.97	0.99

Georg Fischer AG Inventory Turnover Calculation

Georg Fischer AG'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 )
=	1739	/ (	(833	+	979)	/	2 )
=	1739	/	906
=	1.92

Georg Fischer AG's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	914	/ (	(867	+	979)	/	2 )
=	914	/	923
=	0.99

Georg Fischer AG (XSWX:GF) 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.

Georg Fischer AG's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	923	/	914	*	365 / 2
	=	184.30

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.

Georg Fischer AG's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	923	/	2065
	=	0.45

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.

Georg Fischer AG Inventory Turnover Related Terms

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Georg Fischer AG (XSWX:GF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Georg Fischer AG (XSWX:GF) » Definitions » Inventory Turnover

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Traded in Other Exchanges

GFz:UK 0QP4:UK

Address

Amsler-Laffon-Strasse 9, Schaffhausen, CHE, 8201

Website

https://www.georgfischer.com

Georg Fischer AG provides transportation of liquids and gases, lightweight casting components in vehicles, and high-precision manufacturing technologies. It supplies plastic and metal piping systems, valves and fittings, electrical discharge machines, and other additive manufacturing solutions. The company is one of the world's leading providers for the tool and mold-making industry and services customers in utilities, automotive, aerospace, water and gas, and other industrial Applications. Revenue is divided among three divisions: piping systems, casting solutions, and machining solutions. The firm has global distribution resources with various sales and representative offices. Approximately half of total revenue derives from Europe, with Germany being an important region for the company.

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