Stroeer SE KGaA (XTER:SAX) Inventory Turnover : 7.89 (As of Dec. 2023)

View and export this data going back to 2010. Start your Free Trial

What is Stroeer SE KGaA 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. Stroeer SE KGaA's Cost of Goods Sold for the three months ended in Dec. 2023 was €322 Mil. Stroeer SE KGaA's Average Total Inventories for the quarter that ended in Dec. 2023 was €41 Mil. Stroeer SE KGaA's Inventory Turnover for the quarter that ended in Dec. 2023 was 7.89.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Stroeer SE KGaA's Days Inventory for the three months ended in Dec. 2023 was 11.56.

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. Stroeer SE KGaA's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.07.

Stroeer SE KGaA Inventory Turnover Historical Data

The historical data trend for Stroeer SE KGaA'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.

Stroeer SE KGaA Inventory Turnover Chart

Stroeer SE KGaA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

58.60

58.14

49.43

37.98

31.25

Stroeer SE KGaA 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															9.49	8.12	7.73	7.35	7.89

Stroeer SE KGaA Inventory Turnover Calculation

Stroeer SE KGaA'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 )
=	1117.57	/ (	(29.411	+	42.105)	/	2 )
=	1117.57	/	35.758
=	31.25

Stroeer SE KGaA'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 )
=	322.373	/ (	(39.585	+	42.105)	/	2 )
=	322.373	/	40.845
=	7.89

Stroeer SE KGaA (XTER:SAX) 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.

Stroeer SE KGaA'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
	=	40.845	/	322.373	*	365 / 4
	=	11.56

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.

Stroeer SE KGaA'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 )
	=	40.845	/	566.049
	=	0.07

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.

Stroeer SE KGaA Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Stroeer SE KGaA's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Stroeer SE KGaA (XTER:SAX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Stroeer SE & Co KGaA (XTER:SAX) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

SOTDY:USA 0MYZ:UK SAXB:Germany SAX:Germany SAX:Germany SAX:Germany

Address

Stroer-Allee 1, Cologne, NW, DEU, 50999

Website

https://www.stroeer.com

Stroeer SE & Co KGaA is a Germany-based holding company focused on promotional media services outside of the home. It operates in three main business segments, Out of Home (OOH) Media, Digital & Dialog Media, and DaaS & E-commerce. The OOH Media segment encompasses the Group's entire OOH advertising business, comprising the Classic OOH, Digital OOH, and OOH services product groups. Digital & Dialog Media segment provides solutions for online advertising in the context of proprietary and third-party content. The scalable products marketed on this basis range from branding and storytelling to performance, native advertising, and social media. Geographically, it generates the majority of its revenue from Germany.

Executives

Udo Müller

Board of Directors

Stroeer SE KGaA (XTER:SAX) Headlines

No Headlines