H&R GmbH KGaA (XTER:2HRA) Inventory Turnover : 1.18 (As of Dec. 2023)

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What is H&R GmbH KGaA 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. H&R GmbH KGaA's Cost of Goods Sold for the three months ended in Dec. 2023 was €237 Mil. H&R GmbH KGaA's Average Total Inventories for the quarter that ended in Dec. 2023 was €201 Mil. H&R GmbH KGaA'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. H&R GmbH KGaA's Days Inventory for the three months ended in Dec. 2023 was 77.17.

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. H&R GmbH KGaA's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.64.

H&R GmbH KGaA Inventory Turnover Historical Data

The historical data trend for H&R GmbH KGaA'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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H&R GmbH KGaA Inventory Turnover Chart

H&R GmbH KGaA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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6.17

5.92

6.42

6.18

4.86

H&R GmbH KGaA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															1.15	1.29	1.33	1.29	1.18

H&R GmbH KGaA Inventory Turnover Calculation

H&R GmbH KGaA'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 )
=	1049.372	/ (	(229.464	+	202.607)	/	2 )
=	1049.372	/	216.0355
=	4.86

H&R GmbH KGaA'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: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	237.354	/ (	(198.845	+	202.607)	/	2 )
=	237.354	/	200.726
=	1.18

H&R GmbH KGaA (XTER:2HRA) 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.

H&R GmbH KGaA's Days Inventory for the three 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
	=	200.726	/	237.354	*	365 / 4
	=	77.17

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.

H&R GmbH KGaA'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 )
	=	200.726	/	315.458
	=	0.64

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.

H&R GmbH KGaA Inventory Turnover Related Terms

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H&R GmbH KGaA (XTER:2HRA) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » H&R GmbH & Co KGaA (XTER:2HRA) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

2HRA:Germany 2HRA:Germany 2HRA:Germany

Address

Neuenkirchener Strasse 8, Salzbergen, DEU, 48499

Website

https://www.hur.com

H&R GmbH & Co KGaA is a manufacturer of chemical-pharmaceutical specialty products. The company organizes its operating activities into two business divisions: Chemical-Pharmaceutical Raw Materials and Plastics. It also has three business segments: ChemPharm Refining, ChemPharm Sales, and Plastics. The ChemPharm Refining segment produces specialty products from crude oil in the two domestic refineries (Hamburg-Neuhof and Salzbergen). Its ChemPharm Sales segment encompasses the production sites abroad as well as international sales activities. The company's Plastics segment manufactures high-precision plastic parts along with the associated tools and molds. The company derives the majority of its revenue from the ChemPharm Refining segment within Germany.

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