Bilfinger SE (XTER:GBF) Inventory Turnover : 10.35 (As of Sep. 2024)

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What is Bilfinger 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. Bilfinger SE's Cost of Goods Sold for the three months ended in Sep. 2024 was €1,126 Mil. Bilfinger SE's Average Total Inventories for the quarter that ended in Sep. 2024 was €109 Mil. Bilfinger SE's Inventory Turnover for the quarter that ended in Sep. 2024 was 10.35.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bilfinger SE's Days Inventory for the three months ended in Sep. 2024 was 8.82.

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. Bilfinger SE's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.08.

Bilfinger SE Inventory Turnover Historical Data

The historical data trend for Bilfinger 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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Bilfinger SE Inventory Turnover Chart

Bilfinger SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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88.28

69.71

75.37

81.66

78.11

Bilfinger SE Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Inventory Turnover	Get a 7-Day Free Trial															11.63	15.73	13.29	11.66	10.35

Bilfinger SE Inventory Turnover Calculation

Bilfinger 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 )
=	4022.9	/ (	(51.6	+	51.4)	/	2 )
=	4022.9	/	51.5
=	78.11

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

	Inventory Turnover (Q: Sep. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	1126	/ (	(104.4	+	113.2)	/	2 )
=	1126	/	108.8
=	10.35

Bilfinger SE (XTER:GBF) 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.

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

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	108.8	/	1126	*	365 / 4
	=	8.82

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.

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

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	108.8	/	1283.8
	=	0.08

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.

Bilfinger SE Inventory Turnover Related Terms

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Bilfinger SE Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Bilfinger SE (XTER:GBF) » Definitions » Inventory Turnover

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Traded in Other Exchanges

BFLBY:USA BFLBF:USA GBFd:UK 0NRG:UK

Address

Oskar-Meixner-Street 1, Mannheim, BW, DEU, 68163

Website

https://www.bilfinger.com

Bilfinger SE is an international industrial services provider. It delivers customized engineering services to customers in the chemical, pharmaceutical, energy, oil, and gas markets. Its product portfolio attempts to cover the entire value chain, from consulting and planning to installation and maintenance. Bilfinger has three operating segments: Engineering & Maintenance Europe, Engineering & Maintenance International, and Technologies. A majority of the sales are derived from Europe, with Germany being an important region for the company.

Executives

Dr. Thomas Schulz	Board of Directors
Matti Jäkel	Board of Directors