Uzin Utz SE (XTER:UZU) Inventory Turnover : 1.41 (As of Dec. 2023)

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What is Uzin Utz 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. Uzin Utz SE's Cost of Goods Sold for the six months ended in Dec. 2023 was €106.6 Mil. Uzin Utz SE's Average Total Inventories for the quarter that ended in Dec. 2023 was €75.7 Mil. Uzin Utz SE's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.41.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Uzin Utz SE's Days Inventory for the six months ended in Dec. 2023 was 129.47.

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. Uzin Utz SE's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.32.

Uzin Utz SE Inventory Turnover Historical Data

The historical data trend for Uzin Utz 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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Uzin Utz SE Inventory Turnover Chart

Uzin Utz SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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3.25

3.33

3.65

3.09

2.78

Uzin Utz SE 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															1.76	1.58	1.35	1.30	1.41

Uzin Utz SE Inventory Turnover Calculation

Uzin Utz 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 )
=	217.115	/ (	(87.479	+	68.916)	/	2 )
=	217.115	/	78.1975
=	2.78

Uzin Utz 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: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	106.636	/ (	(82.388	+	68.916)	/	2 )
=	106.636	/	75.652
=	1.41

Uzin Utz SE (XTER:UZU) 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.

Uzin Utz SE'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
	=	75.652	/	106.636	*	365 / 2
	=	129.47

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.

Uzin Utz 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 )
	=	75.652	/	234.667
	=	0.32

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.

Uzin Utz SE Inventory Turnover Related Terms

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Uzin Utz SE (XTER:UZU) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Uzin Utz SE (XTER:UZU) » Definitions » Inventory Turnover

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UZU:Germany

Address

Dieselstrasse 3, Ulm, BW, DEU, D-89079

Website

https://int.uzin-utz.com

Uzin Utz SE is a manufacturer of adhesives for a provider of floor systems. The company provides installations, renovation, and maintenance of various types of flooring including wood flooring, ceramic tiles or natural stone. It distributes its products under the brands UZIN, WOLFF, PALLMANN, Arturo, codex and RZ. The company's geographical segments include Netherlands; Western Europe; Southern/Eastern Europe and others. The company earns majority of its revenue from Germany by laying systems segment.

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