Schlatter Industries AG (XSWX:STRN) Inventory Turnover : 1.33 (As of Dec. 2023)

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What is Schlatter Industries 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. Schlatter Industries AG's Cost of Goods Sold for the six months ended in Dec. 2023 was CHF33.1 Mil. Schlatter Industries AG's Average Total Inventories for the quarter that ended in Dec. 2023 was CHF24.9 Mil. Schlatter Industries AG's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.33.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Schlatter Industries AG's Days Inventory for the six months ended in Dec. 2023 was 137.44.

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. Schlatter Industries AG's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.41.

Schlatter Industries AG Inventory Turnover Historical Data

The historical data trend for Schlatter Industries 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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Schlatter Industries AG Inventory Turnover Chart

Schlatter Industries AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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2.47

2.51

2.84

2.57

2.82

Schlatter Industries 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															1.43	1.16	1.25	1.38	1.33

Schlatter Industries AG Inventory Turnover Calculation

Schlatter Industries 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 )
=	71.451	/ (	(28.194	+	22.491)	/	2 )
=	71.451	/	25.3425
=	2.82

Schlatter Industries 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 )
=	33.084	/ (	(27.34	+	22.491)	/	2 )
=	33.084	/	24.9155
=	1.33

Schlatter Industries AG (XSWX:STRN) 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.

Schlatter Industries 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
	=	24.9155	/	33.084	*	365 / 2
	=	137.44

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.

Schlatter Industries 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 )
	=	24.9155	/	61.191
	=	0.41

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.

Schlatter Industries AG Inventory Turnover Related Terms

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Schlatter Industries AG (XSWX:STRN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Schlatter Industries AG (XSWX:STRN) » Definitions » Inventory Turnover

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STRNz:UK

Address

Brandstrasse 24, Schlieren, CHE, 8952

Website

http://www.schlattergroup.com

Schlatter Industries AG with its subsidiaries is engaged in plant manufacturing for resistance welding machines and weaving machines for special applications. The firm specializes in plant engineering for resistance welding systems for reinforcement mesh, industrial mesh, and butt welding systems for rails as well as weaving and finishing equipment to produce paper machine clothing, wire fabrics, and wire mesh. In the welding segment, the company develops and builds resistance welding systems for the production of industrial and reinforcing mesh as well as rail welding. The firm offers warping, weaving, heat-setting and finishing machines for the paper machine under the brand name Jager. The group is based in Switzerland.

Schlatter Industries AG (XSWX:STRN) Headlines

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