Landis+Gyr Group AG (XSWX:LAND) Inventory Turnover : 2.53 (As of Sep. 2023)

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What is Landis+Gyr Group 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. Landis+Gyr Group AG's Cost of Goods Sold for the six months ended in Sep. 2023 was CHF609 Mil. Landis+Gyr Group AG's Average Total Inventories for the quarter that ended in Sep. 2023 was CHF240 Mil. Landis+Gyr Group AG's Inventory Turnover for the quarter that ended in Sep. 2023 was 2.53.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Landis+Gyr Group AG's Days Inventory for the six months ended in Sep. 2023 was 72.04.

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. Landis+Gyr Group AG's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.28.

Landis+Gyr Group AG Inventory Turnover Historical Data

The historical data trend for Landis+Gyr Group 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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Landis+Gyr Group AG Inventory Turnover Chart

Landis+Gyr Group AG Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

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9.56

8.13

7.36

7.74

6.25

Landis+Gyr Group AG Semi-Annual Data
	Mar15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Inventory Turnover	Get a 7-Day Free Trial												3.92	3.93	3.00	3.04	2.53

Landis+Gyr Group AG Inventory Turnover Calculation

Landis+Gyr Group AG's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Inventory Turnover (A: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2023 )	/ (	(Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )
=	1116.31	/ (	(133.003	+	224.286)	/	2 )
=	1116.31	/	178.6445
=	6.25

Landis+Gyr Group AG's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

	Inventory Turnover (Q: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2023 )	/ (	(Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	608.684	/ (	(224.286	+	256.249)	/	2 )
=	608.684	/	240.2675
=	2.53

Landis+Gyr Group AG (XSWX:LAND) 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.

Landis+Gyr Group AG's Days Inventory for the six months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	240.2675	/	608.684	*	365 / 2
	=	72.04

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.

Landis+Gyr Group AG's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	240.2675	/	873.031
	=	0.28

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.

Landis+Gyr Group AG Inventory Turnover Related Terms

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Landis+Gyr Group AG (XSWX:LAND) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Landis+Gyr Group AG (XSWX:LAND) » Definitions » Inventory Turnover

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LDGYY:USA LANDz:UK

Address

Alte Steinhauserstrasse 18, Cham, CHE, CH-6330

Website

https://www.landisgyr.com

Landis+Gyr Group AG is a provider of integrated energy management products tailored to an energy company. It offers electricity meters, heat and cooling meters, software services and custom solutions, grid management, and communication networks. The company's geographical segment includes the Americas, EMEA, and the Asia Pacific. The Americas segment designs, manufactures, markets, and sells the company's Gridstream and advanced meter solutions, digital electricity meters, and other related services. The EMEA segment sells the company's prepayment electricity meters, gas meters, and other services, and The Asia Pacific segment sells the company's load control devices, system deployment services, and related services. It generates a majority of its revenue from the Americas & EMEA segments.