MAX Automation SE (XTER:MXHN) Inventory Turnover : 0.46 (As of Dec. 2023)

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What is MAX Automation 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. MAX Automation SE's Cost of Goods Sold for the three months ended in Dec. 2023 was €45.9 Mil. MAX Automation SE's Average Total Inventories for the quarter that ended in Dec. 2023 was €100.7 Mil. MAX Automation SE's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.46.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. MAX Automation SE's Days Inventory for the three months ended in Dec. 2023 was 200.33.

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. MAX Automation SE's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.42.

MAX Automation SE Inventory Turnover Historical Data

The historical data trend for MAX Automation 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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MAX Automation SE Inventory Turnover Chart

MAX Automation SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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3.49

3.29

4.00

2.52

2.21

MAX Automation SE Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															0.30	0.56	0.42	0.45	0.46

MAX Automation SE Inventory Turnover Calculation

MAX Automation 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 )
=	190.279	/ (	(83.612	+	88.674)	/	2 )
=	190.279	/	86.143
=	2.21

MAX Automation SE's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	45.86	/ (	(112.688	+	88.674)	/	2 )
=	45.86	/	100.681
=	0.46

MAX Automation SE (XTER:MXHN) 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.

MAX Automation SE's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	100.681	/	45.86	*	365 / 4
	=	200.33

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.

MAX Automation SE's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	100.681	/	70.975
	=	1.42

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.

MAX Automation SE Inventory Turnover Related Terms

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MAX Automation SE (XTER:MXHN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » MAX Automation SE (XTER:MXHN) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

MXHN:Germany MXHN:Germany MXHN:Germany

Address

Fritz-Vomfelde-Street 34, Dusseldorf, NW, DEU, 40547

Website

https://www.maxautomation.com

MAX Automation SE is a medium-sized finance and investment company with an actively managed portfolio of operationally independent portfolio companies in attractive and fastgrowing niche markets. The present portfolio of companies consists of ten portfolio companies and their respective subsidiaries which develop, manufacture and distribute a diversified portfolio of technologically complex machinery, equipment, and integrated automation solutions as well as complementary services such as consulting, production support, maintenance, and repair for their customers both in Germany and internationally.

Executives

Dr. Christian Diekmann	Managing Director (CEO)
Hartmut Buscher	Member of the Supervisory Board/Managing Director (CFO)
Dr. Ralf Guckert	Managing Director (COO)

MAX Automation SE (XTER:MXHN) Headlines

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