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Pironet NDH AG (XTER:PNG) Inventory Turnover : 60.89 (As of Jun. 2014)


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What is Pironet NDH 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. Pironet NDH AG's Cost of Goods Sold for the six months ended in Jun. 2014 was €18.21 Mil. Pironet NDH AG's Average Total Inventories for the quarter that ended in Jun. 2014 was €0.30 Mil. Pironet NDH AG's Inventory Turnover for the quarter that ended in Jun. 2014 was 60.89.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Pironet NDH AG's Days Inventory for the six months ended in Jun. 2014 was 3.00.

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. Pironet NDH AG's Inventory-to-Revenue for the quarter that ended in Jun. 2014 was 0.01.

Pironet NDH AG Inventory Turnover Historical Data

The historical data trend for Pironet NDH 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.

Pironet NDH AG Inventory Turnover Chart

Pironet NDH AG Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Inventory Turnover
Get a 7-Day Free Trial 4,792.71 13,898.50 1,268.50 740.32 102.63

Pironet NDH AG Semi-Annual Data
Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only 227.33 160.05 326.02 93.10 60.89

Pironet NDH AG Inventory Turnover Calculation

Pironet NDH 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 )
=30.685 / ((0 + 0.299) / 1 )
=30.685 / 0.299
=102.63

Pironet NDH 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 )
=18.207 / ((0.299 + 0) / 1 )
=18.207 / 0.299
=60.89

* 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.

Pironet NDH AG  (XTER:PNG) 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.

Pironet NDH 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
=0.299/18.207*365 / 2
=3.00

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.

Pironet NDH 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 )
=0.299 / 27.019
=0.01

* 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.

Pironet NDH AG Inventory Turnover Related Terms

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Pironet NDH AG (XTER:PNG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Pironet NDH AG (XTER:PNG) » Definitions » Inventory Turnover
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Traded in Other Exchanges
N/A
Address
Website
http://www.pironet-ndh.com
Pironet NDH AG offers the market a portfolio of solutions for handling digital content and data. It brings together five companies: PIRONET NDH Datacenter GmbH, nexum AG, Imperia AG, SA2 Worldsync and agentes AG.

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