Edel SE KGaA (XTER:EDL) Inventory Turnover : 1.96 (As of Sep. 2023)

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What is Edel SE 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. Edel SE KGaA's Cost of Goods Sold for the six months ended in Sep. 2023 was €38.3 Mil. Edel SE KGaA's Average Total Inventories for the quarter that ended in Sep. 2023 was €19.6 Mil. Edel SE KGaA's Inventory Turnover for the quarter that ended in Sep. 2023 was 1.96.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Edel SE KGaA's Days Inventory for the six months ended in Sep. 2023 was 93.25.

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. Edel SE KGaA's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.15.

Edel SE KGaA Inventory Turnover Historical Data

The historical data trend for Edel SE 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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Edel SE KGaA Inventory Turnover Chart

Edel SE KGaA Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Inventory Turnover

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3.01

3.16

3.77

3.66

3.80

Edel SE KGaA Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Inventory Turnover	Get a 7-Day Free Trial															1.88	1.94	1.85	1.72	1.96

Edel SE KGaA Inventory Turnover Calculation

Edel SE KGaA's Inventory Turnover for the fiscal year that ended in Sep. 2023 is calculated as

	Inventory Turnover (A: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Sep. 2023 )	/ (	(Total Inventories (A: Sep. 2022 )	+	Total Inventories (A: Sep. 2023 ))	/	count )
=	80.094	/ (	(25.774	+	16.328)	/	2 )
=	80.094	/	21.051
=	3.80

Edel SE KGaA's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

	Inventory Turnover (Q: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2023 )	/ (	(Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	38.279	/ (	(22.789	+	16.328)	/	2 )
=	38.279	/	19.5585
=	1.96

Edel SE KGaA (XTER:EDL) 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.

Edel SE KGaA's Days Inventory for the six months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	19.5585	/	38.279	*	365 / 2
	=	93.25

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.

Edel SE KGaA's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	19.5585	/	129.359
	=	0.15

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.

Edel SE KGaA Inventory Turnover Related Terms

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Edel SE KGaA (XTER:EDL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Edel SE & Co KGaA (XTER:EDL) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

EDL:Germany EDL:Germany EDL:Germany

Address

Neumuehlen 17, Hamburg, SH, DEU, 22763

Website

https://www.edel.com

Edel SE & Co KGaA is an independent media company. The Edel Group divides its operational business into three business areas which are Manufacturing & Distribution, Music & Entertainment, and Books. The company offers artists, authors, labels, publishers, and other rights holders, different types of products and services. The company has two reportable segments which are Manufacturing and logistics and Marketing and sales. The company generates the majority of its revenue from Manufacturing and logistics. Geographically company generates revenues from Great Britain, Germany, Ireland, USA, France, and others.

Edel SE KGaA (XTER:EDL) Headlines

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