Gesco SE (XTER:GSC1) Inventory Turnover : 0.43 (As of Sep. 2024)

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What is Gesco 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. Gesco SE's Cost of Goods Sold for the three months ended in Sep. 2024 was €73.0 Mil. Gesco SE's Average Total Inventories for the quarter that ended in Sep. 2024 was €170.1 Mil. Gesco SE's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.43.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Gesco SE's Days Inventory for the three months ended in Sep. 2024 was 212.44.

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. Gesco SE's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 1.31.

Gesco SE Inventory Turnover Historical Data

The historical data trend for Gesco 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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Gesco SE Inventory Turnover Chart

Gesco SE Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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1.83

1.54

2.26

2.35

1.98

Gesco 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															0.44	0.42	0.41	0.43	0.43

Gesco SE Inventory Turnover Calculation

Gesco 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 )
=	319.915	/ (	(160.212	+	162.32)	/	2 )
=	319.915	/	161.266
=	1.98

Gesco 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 )
=	73.047	/ (	(172.339	+	167.787)	/	2 )
=	73.047	/	170.063
=	0.43

Gesco SE (XTER:GSC1) 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.

Gesco 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
	=	170.063	/	73.047	*	365 / 4
	=	212.44

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.

Gesco 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 )
	=	170.063	/	130.084
	=	1.31

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.

Gesco SE Inventory Turnover Related Terms

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Gesco SE Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Gesco SE (XTER:GSC1) » Definitions » Inventory Turnover

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Traded in Other Exchanges

0Q4C:UK GSC1:Germany GSC1:Germany GSC1:Germany

Address

Johannisberg 7, Wuppertal, DEU, 42103

Website

https://www.gesco.de

Gesco SE is an industrial group in Germany. The company acquires industrial small and medium-sized enterprises that supply products and services from tool steel to stainless steel containers, from paper sticks to support arms, among others to end customer markets. It functions through three segments; Process Technology segment comprises subsidiaries that support series manufacturers in their production processes with their products and services; Resource Technology, companies provide customized processing of primary materials. It also produces systems for loading raw materials and energy sources. and Healthcare and Infrastructure Technology segment companies supply components, assemblies, or preliminary products to the medical, hygiene, food and sanatory sectors.

Executives

Ralph Rumberg	Board of Directors
Kerstin Müller-kirchhofs	Board of Directors

Gesco SE Headlines

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