Sto SE KGaA (XTER:STO3) Inventory Turnover : 2.28 (As of Dec. 2023)

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What is Sto 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. Sto SE KGaA's Cost of Goods Sold for the six months ended in Dec. 2023 was €390 Mil. Sto SE KGaA's Average Total Inventories for the quarter that ended in Dec. 2023 was €171 Mil. Sto SE KGaA's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.28.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sto SE KGaA's Days Inventory for the six months ended in Dec. 2023 was 79.89.

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. Sto SE KGaA's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.20.

Sto SE KGaA Inventory Turnover Historical Data

The historical data trend for Sto 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.

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Sto SE KGaA Inventory Turnover Chart

Sto SE KGaA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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6.36

6.15

5.70

5.20

4.67

Sto SE KGaA Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															2.66	2.48	2.36	2.25	2.28

Sto SE KGaA Inventory Turnover Calculation

Sto 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 )
=	794.743	/ (	(179.2	+	161.323)	/	2 )
=	794.743	/	170.2615
=	4.67

Sto 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: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	390.241	/ (	(180.321	+	161.323)	/	2 )
=	390.241	/	170.822
=	2.28

Sto SE KGaA (XTER:STO3) 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.

Sto SE KGaA's Days Inventory for the six 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
	=	170.822	/	390.241	*	365 / 2
	=	79.89

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.

Sto 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 )
	=	170.822	/	861.707
	=	0.20

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.

Sto SE KGaA Inventory Turnover Related Terms

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Sto SE KGaA (XTER:STO3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Sto SE & Co KGaA (XTER:STO3) » Definitions » Inventory Turnover

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Traded in Other Exchanges

STO3:Germany STO3:Germany

Address

Ehrenbachstrasse 1, Stuhlingen, BW, DEU, DE-79780

Website

https://www.sto.com

Sto SE & Co KGaA is a manufacturer of products and systems for building coatings. It operates in the following segments: facade systems; facade coatings; Interiors, which include plaster and paint systems for home and office interiors and decorative coatings, interior claddings & acoustic systems for regulating sound; and other product groups include high-quality floor coatings and products for concrete repair.

Sto SE KGaA (XTER:STO3) Headlines

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