Inficon Holding AG (XSWX:IFCN) Inventory Turnover : 1.18 (As of Dec. 2023)

View and export this data going back to 2000. Start your Free Trial

What is Inficon Holding 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. Inficon Holding AG's Cost of Goods Sold for the six months ended in Dec. 2023 was CHF159.4 Mil. Inficon Holding AG's Average Total Inventories for the quarter that ended in Dec. 2023 was CHF134.8 Mil. Inficon Holding AG's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.18.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Inficon Holding AG's Days Inventory for the six months ended in Dec. 2023 was 154.28.

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

Inficon Holding AG Inventory Turnover Historical Data

The historical data trend for Inficon 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.

* Premium members only.

Inficon Holding AG Inventory Turnover Chart

Inficon Holding AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

2.93

2.82

3.35

2.85

2.45

Inficon Holding 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															1.66	1.55	1.33	1.23	1.18

Inficon Holding AG Inventory Turnover Calculation

Inficon Holding 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 )
=	314.872	/ (	(124.829	+	131.74)	/	2 )
=	314.872	/	128.2845
=	2.45

Inficon Holding 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 )
=	159.394	/ (	(137.761	+	131.74)	/	2 )
=	159.394	/	134.7505
=	1.18

Inficon Holding AG (XSWX:IFCN) 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.

Inficon Holding 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
	=	134.7505	/	159.394	*	365 / 2
	=	154.28

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.

Inficon Holding 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 )
	=	134.7505	/	297.928
	=	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.

Inficon Holding AG Inventory Turnover Related Terms

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

Inficon Holding AG (XSWX:IFCN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Inficon Holding AG (XSWX:IFCN) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

IFCNz:UK

Address

Hintergasse 15 B, Bad Ragaz, CHE, CH-7310

Website

https://www.inficon.com

Inficon Holding AG operates in the technology sector in Switzerland. It caters to the scientific equipment industry by offering products that find their use in various industrial applications such as air conditioning, automotive manufacturing, manufacture of LEDs, semiconductors, and optical and solar devices. Its main products are leak detectors and gauges which help reduce the harmful effects of gases on the environment and reduce energy consumption. The other products in its portfolio comprise of chemical detectors, electron beam gun control, mass spectrometers, gas concentration monitors, vacuum gauge controllers and cables, and vacuum transmitters. The Asia Pacific region accounts for most of the company's product sales.

Inficon Holding AG (XSWX:IFCN) Headlines

No Headlines