Shapeways Holdings (Shapeways Holdings) Inventory Turnover : 2.52 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Shapeways Holdings 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. Shapeways Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $5.08 Mil. Shapeways Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was $2.02 Mil. Shapeways Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.52.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shapeways Holdings's Days Inventory for the three months ended in Dec. 2023 was 36.21.

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. Shapeways Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.21.

Shapeways Holdings Inventory Turnover Historical Data

The historical data trend for Shapeways Holdings'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.

Shapeways Holdings Inventory Turnover Chart

Shapeways Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

48.49

30.68

21.37

16.88

11.94

Shapeways Holdings Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial											4.04	3.62	3.14	2.60	2.52

Shapeways Holdings Inventory Turnover Calculation

Shapeways Holdings'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 )
=	19.955	/ (	(1.307	+	2.036)	/	2 )
=	19.955	/	1.6715
=	11.94

Shapeways Holdings'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 )
=	5.083	/ (	(1.998	+	2.036)	/	2 )
=	5.083	/	2.017
=	2.52

Shapeways Holdings (NAS:SHPW) 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.

Shapeways Holdings'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
	=	2.017	/	5.083	*	365 / 4
	=	36.21

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.

Shapeways Holdings'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 )
	=	2.017	/	9.45
	=	0.21

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.

Shapeways Holdings Inventory Turnover Related Terms

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

Shapeways Holdings (Shapeways Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shapeways Holdings Inc (NAS:SHPW) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

12163 Globe Street, Livonia, MI, USA, 48150

Website

https://www.shapeways.com

Shapeways Holdings Inc is engaged in the digital manufacturing industry. It makes industrial-grade additive manufacturing accessible by fully digitizing the end-to-end manufacturing process. The Company reports in one segment, which focuses on providing additive manufacturing services to customers.

Executives

Greg Kress	director, officer: Chief Executive Officer	C/O SHAPEWAYS HOLDINGS, INC., 30-02 48TH AVENUE, LONG ISLAND CITY NY 11101
Joseph Andrew Nied	officer: Chief Operating Officer	C/O SHAPEWAYS HOLDINGS, INC., 30-02 48TH AVENUE, LONG ISLAND CITY NY 11101
Christine Marie Gorjanc	director	4500 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054
Campbell Leslie C.g.	director	C/O COUPA SOFTWARE INC., 1855 S. GRANT STREET, SAN MATEO CA 94402
Raj Batra	director	MKS INSTRUMENTS, INC., 2 TECH DRIVE, SUITE 201, ANDOVER MA 01810
Index Ventures V Parallel Entrepreneur Fund (jersey), L.p.	10 percent owner	OGIER HOUSE, THE ESPLANADE, ST. HELIER Y9 JE4 9WC
Miko Levy	officer: Chief Revenue Officer	C/O SHAPEWAYS HOLDINGS, INC., 30-02 48TH AVENUE, LONG ISLAND CITY NY 11101
Jennifer Walsh	officer: Chief Financial Officer	C/O SHAPEWAYS HOLDINGS, INC., 30-02 48TH STREET, LONG ISLAND CITY NY 11101
Ryan C. Kearny	director	C/O F5 NETWORKS, INC., 401 ELLIOTT AVE. WEST, SEATTLE WA 98119
Patrick S Jones	director	5555 NE MOORE CT, HILLSBORO OR 97124
Alberto Recchi	director	1049 PARK AVENUE FLOOR 14A, NEW YORK NY 10028
Robert Jan Galema	director	C/O SHAPEWAYS HOLDINGS, INC., 30-02 48TH AVENUE, LONG ISLAND CITY NY 11101
Index Ventures V (jersey), L.p.	10 percent owner	OGIER HOUSE, THE ESPLANADE, ST. HELIER Y9 JE4 9WC
Ah Parallel Fund Iii-a, L.p.	10 percent owner	2865 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Josh Wolfe	director	C/O LUX HEALTH TECH ACQUISITION CORP., 920 BROADWAY, 11TH FLOOR, NEW YORK NY 10010