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ParTec AG (XTER:JY0) Inventory Turnover : -0.28 (As of Jun. 2024)


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What is ParTec 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. ParTec AG's Cost of Goods Sold for the six months ended in Jun. 2024 was €-5.26 Mil. ParTec AG's Average Total Inventories for the quarter that ended in Jun. 2024 was €18.75 Mil. ParTec AG's Inventory Turnover for the quarter that ended in Jun. 2024 was -0.28.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

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. ParTec AG's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 3.69.

ParTec AG Inventory Turnover Historical Data

The historical data trend for ParTec 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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ParTec AG Inventory Turnover Chart

ParTec AG Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Inventory Turnover
- 0.24 3.36 6.44

ParTec AG Semi-Annual Data
Dec21 Dec22 Dec23 Jun24
Inventory Turnover - - - -0.28

ParTec AG Inventory Turnover Calculation

ParTec 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 )
=71.547 / ((6.348 + 15.859) / 2 )
=71.547 / 11.1035
=6.44

ParTec AG's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover (Q: Jun. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2024 ) / ((Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Jun. 2024 )) / count )
=-5.26 / ((15.859 + 21.636) / 2 )
=-5.26 / 18.7475
=-0.28

* 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.

ParTec AG  (XTER:JY0) 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.

ParTec AG's Days Inventory for the six months ended in Jun. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2024 )/Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=18.7475/-5.26*365 / 2
=

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.

ParTec AG's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=18.7475 / 5.079
=3.69

* 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.

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.

ParTec AG Inventory Turnover Related Terms

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ParTec AG Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » ParTec AG (XTER:JY0) » Definitions » Inventory Turnover
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FRA:B1GR FRA:HYI XTER:MUB ANET DELL SHSE:688041 SZSE:002415 TSE:7751 TPE:2382 HPQ SMCI NTAP STX PSTG WDC HKSE:00992 TPE:2357 SHSE:603019 XSWX:LOGN TPE:6669
Traded in Other Exchanges
N/A
Address
Possartstr. 20, Munich, BY, DEU, D-81679
Website
https://www.par-tec.com
ParTec AG develops and supplies super and quantum computers as well as operating software, including consulting and support services, which is used for the development, construction and operation of state-of-the-art high-performance computers (HPC) and quantum computers (QC).
Executives
Bernhard Frohwitter Board of Directors

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