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Avemio AG (XTER:3D6) Inventory Turnover : 2.80 (As of Jun. 2023)


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What is Avemio 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. Avemio AG's Cost of Goods Sold for the six months ended in Jun. 2023 was €40.91 Mil. Avemio AG's Average Total Inventories for the quarter that ended in Jun. 2023 was €14.60 Mil. Avemio AG's Inventory Turnover for the quarter that ended in Jun. 2023 was 2.80.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Avemio AG's Days Inventory for the six months ended in Jun. 2023 was 65.15.

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. Avemio AG's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.29.


Avemio AG Inventory Turnover Historical Data

The historical data trend for Avemio 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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Avemio AG Inventory Turnover Chart

Avemio AG Annual Data
Trend Dec19 Dec20 Dec21
Inventory Turnover
- - -

Avemio AG Semi-Annual Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Jun23
Inventory Turnover Get a 7-Day Free Trial - - - - 2.80

Avemio AG Inventory Turnover Calculation

Avemio AG's Inventory Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Inventory Turnover (A: Dec. 2021 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2021 ) / ((Total Inventories (A: Dec. 2020 ) + Total Inventories (A: Dec. 2021 )) / count )
=0.238 / ((0 + 0) / 1 )
=0.238 / 0
=N/A

Avemio AG's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover (Q: Jun. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2023 ) / ((Total Inventories (Q: Jun. 2022 ) + Total Inventories (Q: Jun. 2023 )) / count )
=40.91 / ((0 + 14.604) / 1 )
=40.91 / 14.604
=2.80

* 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.


Avemio AG  (XTER:3D6) 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.

Avemio AG's Days Inventory for the six months ended in Jun. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2023 )/Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=14.604/40.91*365 / 2
=65.15

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.

Avemio AG's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=14.604 / 49.986
=0.29

* 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.


Avemio AG Inventory Turnover Related Terms

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Avemio AG (XTER:3D6) Business Description

Traded in Other Exchanges
Address
Königsallee 60f, Dusseldorf, DEU, 40212
Avemio AG Formerly Palgon AG provides management consulting services. It offers marketing, distribution, and other services in the field of information technology, including the Internet and data processing and related fields. Further, the group is also involved in acquiring, selling, renting, and managing real estate.

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