Ludwig Beck am Rathauseck - Textilhaus Feldmeier AG (XTER:ECK) Inventory Turnover : 0.70 (As of Mar. 2024)

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What is Ludwig Beck am Rathauseck - Textilhaus Feldmeier 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. Ludwig Beck am Rathauseck - Textilhaus Feldmeier AG's Cost of Goods Sold for the three months ended in Mar. 2024 was €8.70 Mil. Ludwig Beck am Rathauseck - Textilhaus Feldmeier AG's Average Total Inventories for the quarter that ended in Mar. 2024 was €12.39 Mil. Ludwig Beck am Rathauseck - Textilhaus Feldmeier AG's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.70.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ludwig Beck am Rathauseck - Textilhaus Feldmeier AG's Days Inventory for the three months ended in Mar. 2024 was 129.95.

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. Ludwig Beck am Rathauseck - Textilhaus Feldmeier AG's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.79.

Ludwig Beck am Rathauseck - Textilhaus Feldmeier AG Inventory Turnover Historical Data

The historical data trend for Ludwig Beck am Rathauseck - Textilhaus Feldmeier 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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Ludwig Beck am Rathauseck - Textilhaus Feldmeier AG Inventory Turnover Chart

Ludwig Beck am Rathauseck - Textilhaus Feldmeier AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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2.50

2.54

2.67

3.18

3.08

Ludwig Beck am Rathauseck - Textilhaus Feldmeier AG 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															0.68	0.56	0.72	0.94	0.70

Ludwig Beck am Rathauseck - Textilhaus Feldmeier AG Inventory Turnover Calculation

Ludwig Beck am Rathauseck - Textilhaus Feldmeier 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 )
=	37.288	/ (	(11.839	+	12.39)	/	2 )
=	37.288	/	12.1145
=	3.08

Ludwig Beck am Rathauseck - Textilhaus Feldmeier AG'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 )
=	8.7	/ (	(12.39	+	0)	/	1 )
=	8.7	/	12.39
=	0.70

Ludwig Beck am Rathauseck - Textilhaus Feldmeier AG (XTER:ECK) 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.

Ludwig Beck am Rathauseck - Textilhaus Feldmeier AG'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
	=	12.39	/	8.7	*	365 / 4
	=	129.95

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.

Ludwig Beck am Rathauseck - Textilhaus Feldmeier AG'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 )
	=	12.39	/	15.7
	=	0.79

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.

Ludwig Beck am Rathauseck - Textilhaus Feldmeier AG Inventory Turnover Related Terms

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Ludwig Beck am Rathauseck - Textilhaus Feldmeier AG (XTER:ECK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Ludwig Beck am Rathauseck - Textilhaus Feldmeier AG (XTER:ECK) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

ECK:Germany ECK:Germany ECK:Germany

Address

Marienplatz 11, Munich, DEU, 80331

Website

https://www.ludwigbeck.de

Ludwig Beck am Rathauseck - Textilhaus Feldmeier AG is a German-based company operating a fashion retail business. It is engaged in the wholesale and retail sale of textiles, clothing, hardware, and other merchandise by mail order or online. It operates a textile retail business under the brand LUDWIG BECK in the medium and premium price segments. It offers textile as well as non-textile goods such as cosmetics, paper products, and sound recordings.

Executives

Christian Greiner

Board of Directors

Ludwig Beck am Rathauseck - Textilhaus Feldmeier AG (XTER:ECK) Headlines

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