elexis AG (XTER:EEX) Inventory Turnover : 2.40 (As of Jun. 2014)

View and export this data going back to . Start your Free Trial

What is elexis 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. elexis AG's Cost of Goods Sold for the six months ended in Jun. 2014 was €55.10 Mil. elexis AG's Average Total Inventories for the quarter that ended in Jun. 2014 was €22.96 Mil. elexis AG's Inventory Turnover for the quarter that ended in Jun. 2014 was 2.40.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. elexis AG's Days Inventory for the six months ended in Jun. 2014 was 76.06.

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. elexis AG's Inventory-to-Revenue for the quarter that ended in Jun. 2014 was 0.26.

elexis AG Inventory Turnover Historical Data

The historical data trend for elexis 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.

* Premium members only.

elexis AG Inventory Turnover Chart

elexis AG Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Inventory Turnover

Get a 7-Day Free Trial

3.81

4.14

4.57

4.60

4.94

elexis AG Semi-Annual Data
	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14
Inventory Turnover	Get a 7-Day Free Trial					2.44	-	2.33	-	2.40

elexis AG Inventory Turnover Calculation

elexis AG's Inventory Turnover for the fiscal year that ended in Dec. 2013 is calculated as

	Inventory Turnover (A: Dec. 2013 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2013 )	/ (	(Total Inventories (A: Dec. 2012 )	+	Total Inventories (A: Dec. 2013 ))	/	count )
=	106.883	/ (	(20.853	+	22.426)	/	2 )
=	106.883	/	21.6395
=	4.94

elexis AG's Inventory Turnover for the quarter that ended in Jun. 2014 is calculated as

	Inventory Turnover (Q: Jun. 2014 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2014 )	/ (	(Total Inventories (Q: Dec. 2013 )	+	Total Inventories (Q: Jun. 2014 ))	/	count )
=	55.1	/ (	(22.426	+	23.5)	/	2 )
=	55.1	/	22.963
=	2.40

elexis AG (XTER:EEX) 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.

elexis AG's Days Inventory for the six months ended in Jun. 2014 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2014 )	/	Cost of Goods Sold (Q: Jun. 2014 )	*	Days in Period
	=	22.963	/	55.1	*	365 / 2
	=	76.06

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.

elexis AG's Inventory to Revenue for the quarter that ended in Jun. 2014 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2014 )	/	Revenue (Q: Jun. 2014 )
	=	22.963	/	88.2
	=	0.26

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.

elexis AG Inventory Turnover Related Terms

Thank you for viewing the detailed overview of elexis AG's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

elexis AG (XTER:EEX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » elexis AG (XTER:EEX) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

Website

http://www.elexis.de

elexis AG is a technology company. It provides solutions in the areas of industrial automation, quality assurance systems, drive technology, and strip and web guiding systems.