Allgeier SE (XTER:AEIN) Inventory Turnover : 61.38 (As of Mar. 2024)

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What is Allgeier SE 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. Allgeier SE's Cost of Goods Sold for the three months ended in Mar. 2024 was €92.6 Mil. Allgeier SE's Average Total Inventories for the quarter that ended in Mar. 2024 was €1.5 Mil. Allgeier SE's Inventory Turnover for the quarter that ended in Mar. 2024 was 61.38.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Allgeier SE's Days Inventory for the three months ended in Mar. 2024 was 1.49.

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. Allgeier SE's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.01.

Allgeier SE Inventory Turnover Historical Data

The historical data trend for Allgeier SE'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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Allgeier SE Inventory Turnover Chart

Allgeier SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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1,566.61

1,187.52

318.90

186.37

185.95

Allgeier SE Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															48.14	62.64	65.25	37.01	61.38

Allgeier SE Inventory Turnover Calculation

Allgeier SE'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 )
=	350.513	/ (	(2.521	+	1.249)	/	2 )
=	350.513	/	1.885
=	185.95

Allgeier SE's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	92.616	/ (	(1.249	+	1.769)	/	2 )
=	92.616	/	1.509
=	61.38

Allgeier SE (XTER:AEIN) 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.

Allgeier SE's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	1.509	/	92.616	*	365 / 4
	=	1.49

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.

Allgeier SE's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	1.509	/	112.827
	=	0.01

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.

Allgeier SE Inventory Turnover Related Terms

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Allgeier SE (XTER:AEIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Allgeier SE (XTER:AEIN) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

AEIN:Germany AEIN:Germany AEIN:Germany

Address

Einsteinstrasse 172, Munich, DEU, 81677

Website

https://www.allgeier.com

Allgeier SE offers IT services. The company offers its clients a full-service approach, from design to implementation and operation of their IT environment. Its business consists of two segments namely Enterprise IT, and MGM technology partners. The company also provides nearshore/offshore delivery services; big data/business intelligence services; industry solutions and cloud services; managed and application management services; mobile enterprise/application services; and process and IT consulting services. The company has many branches in the countries of Germany, Austria and Switzerland, India, China, Singapore, Vietnam, Malaysia, Japan, Australia, South Africa, Mexico and the USA.

Executives

Carl Georg Dürschmidt	Supervisory Board
Hubert Rohrer	Board of Directors
Detlef Dinsel	Supervisory Board
Dr. Marcus Goedsche	Board of Directors
Christian Eggenberger	Supervisory Board

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