HMS Bergbau AG (XTER:HMU) Inventory Turnover : 0.00 (As of Jun. 2023)

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What is HMS Bergbau 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. HMS Bergbau AG's Cost of Goods Sold for the six months ended in Jun. 2023 was €643 Mil. HMS Bergbau AG's Average Total Inventories for the quarter that ended in Jun. 2023 was €0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. HMS Bergbau AG's Days Inventory for the six months ended in Jun. 2023 was 0.00.

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. HMS Bergbau AG's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.00.

HMS Bergbau AG Inventory Turnover Historical Data

The historical data trend for HMS Bergbau 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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HMS Bergbau AG Inventory Turnover Chart

HMS Bergbau AG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

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2,016.35

1,780.19

HMS Bergbau AG Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

HMS Bergbau AG Inventory Turnover Calculation

HMS Bergbau 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 )
=	944.516	/ (	(0	+	0)	/	1 )
=	944.516	/	0
=	N/A

HMS Bergbau AG's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

	Inventory Turnover (Q: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2023 )	/ (	(Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )
=	642.891	/ (	(0	+	0)	/	1 )
=	642.891	/	0
=	N/A

HMS Bergbau AG (XTER:HMU) 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.

HMS Bergbau AG's Days Inventory for the six months ended in Jun. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2023 )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
	=	0	/	642.891	*	365 / 2
	=	0.00

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.

HMS Bergbau AG's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	0	/	656.721
	=	0.00

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.

HMS Bergbau AG Inventory Turnover Related Terms

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HMS Bergbau AG (XTER:HMU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » HMS Bergbau AG (XTER:HMU) » Definitions » Inventory Turnover

Traded in Other Exchanges

HMU:Germany

Address

An der Wuhlheide 232, Berlin, DEU, 12459

Website

https://www.hms-ag.com

HMS Bergbau AG engages in the segment of trading of coal and energy commodities. It supplies steam coal, coking coal, and coking products, as well as ore, cement, and fertilizer, and offers transport logistic services. In addition, the company charters seagoing vessels and inland barges, organizes logistics by barge, train, or truck; and provides logistics solutions comprising harbor operations, storage management, and technical oversight. The majority of the company's revenue is carried out from Asia and Africa region.

Executives

Jens Moir	Board of Directors
Dennis Schwindt	Board of Directors

HMS Bergbau AG (XTER:HMU) Headlines

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