Msg Life AG (HAM:MSGL) Inventory Turnover : 1.53 (As of Dec. 2022)

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What is Msg Life 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. Msg Life AG's Cost of Goods Sold for the six months ended in Dec. 2022 was €40.8 Mil. Msg Life AG's Average Total Inventories for the quarter that ended in Dec. 2022 was €26.6 Mil. Msg Life AG's Inventory Turnover for the quarter that ended in Dec. 2022 was 1.53.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Msg Life AG's Days Inventory for the six months ended in Dec. 2022 was 119.22.

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. Msg Life AG's Inventory-to-Revenue for the quarter that ended in Dec. 2022 was 0.15.

Msg Life AG Inventory Turnover Historical Data

The historical data trend for Msg Life 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.

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Msg Life AG Inventory Turnover Chart

Msg Life AG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

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0.45

1.09

1.43

1.48

1.53

Msg Life AG Semi-Annual Data
	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Inventory Turnover	Get a 7-Day Free Trial													0.45	1.09	1.43	1.48	1.53

Msg Life AG Inventory Turnover Calculation

Msg Life AG's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	40.759	/ (	(31.462	+	21.789)	/	2 )
=	40.759	/	26.6255
=	1.53

Msg Life AG's Inventory Turnover for the quarter that ended in Dec. 2022 is calculated as

	Inventory Turnover (Q: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2022 )	/ (	(Total Inventories (Q: Dec. 2021 )	+	Total Inventories (Q: Dec. 2022 ))	/	count )
=	40.759	/ (	(31.462	+	21.789)	/	2 )
=	40.759	/	26.6255
=	1.53

Msg Life AG (HAM:MSGL) 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.

Msg Life AG's Days Inventory for the six months ended in Dec. 2022 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2022 )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
	=	26.6255	/	40.759	*	365 / 2
	=	119.22

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.

Msg Life AG's Inventory to Revenue for the quarter that ended in Dec. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2022 )	/	Revenue (Q: Dec. 2022 )
	=	26.6255	/	182.905
	=	0.15

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.

Msg Life AG Inventory Turnover Related Terms

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Msg Life AG (HAM:MSGL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Msg Life AG (HAM:MSGL) » Definitions » Inventory Turnover

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Address

Humboldtstrasse 35, Leinfelden-Echterdingen, BW, DEU, 70771

Website

https://www.msg-life.com

Msg Life AG is a Germany-based company. It is a consultant and software company for the insurance and retirement savings market. It is a provider of software, advice, and cloud solutions for life insurance companies and pension fund institutions in Europe and, in particular, health insurance companies in the United States. The company's products and services include msg. Life Factory, msg.Insurance Suite, msg.Migration System, msg.Health Factory, msg.The commission, msg.Business Partner, msg.Billing, and others. Geographically, the company exports its services to the United States of America, Austria, Switzerland, Slovenia, Portugal, Poland, and Benelux.

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