Delignit AG (XTER:DLX) Inventory Turnover : 1.47 (As of Dec. 2023)

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What is Delignit 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. Delignit AG's Cost of Goods Sold for the six months ended in Dec. 2023 was €23.50 Mil. Delignit AG's Average Total Inventories for the quarter that ended in Dec. 2023 was €15.94 Mil. Delignit AG's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.47.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Delignit AG's Days Inventory for the six months ended in Dec. 2023 was 123.79.

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. Delignit AG's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.42.

Delignit AG Inventory Turnover Historical Data

The historical data trend for Delignit 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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Delignit AG Inventory Turnover Chart

Delignit AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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3.07

2.56

2.94

3.12

3.65

Delignit AG 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															1.26	1.20	1.84	1.91	1.47

Delignit AG Inventory Turnover Calculation

Delignit AG'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 )
=	53.366	/ (	(14.326	+	14.944)	/	2 )
=	53.366	/	14.635
=	3.65

Delignit AG'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 )
=	23.504	/ (	(16.942	+	14.944)	/	2 )
=	23.504	/	15.943
=	1.47

Delignit AG (XTER:DLX) 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.

Delignit AG'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
	=	15.943	/	23.504	*	365 / 2
	=	123.79

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.

Delignit AG'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 )
	=	15.943	/	37.84
	=	0.42

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.

Delignit AG Inventory Turnover Related Terms

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Delignit AG (XTER:DLX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Delignit AG (XTER:DLX) » Definitions » Inventory Turnover

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Traded in Other Exchanges

DLX:Germany DLX:Germany DLX:Germany

Address

Konigswinkel 2-6, Blomberg, NW, DEU, 32825

Website

http://www.delignit.com

Delignit AG develops, manufactures, and sells ecological, usually hardwood-based, materials and system solutions based on the natural, renewable, and CO2-neutral raw material and wood. The company's operating divisions are the Automotive target market, which is divided into the product groups of light commercial vehicles (LCV), motor caravans, and passenger cars; and the Technological Applications target market, which is divided into the product groups Building Equipment, Compressed Wood, Railfloor and Special Applications. Some of its brands are Delignit, VANYCARE, Festholz, Panzerholz, and carbonwood. Its geographical segments are Germany, European Union, and Others.

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