IVU Traffic Technologies AG (XTER:IVU) Inventory Turnover : 17.62 (As of Dec. 2023)

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What is IVU Traffic Technologies 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. IVU Traffic Technologies AG's Cost of Goods Sold for the three months ended in Dec. 2023 was €66.8 Mil. IVU Traffic Technologies AG's Average Total Inventories for the quarter that ended in Dec. 2023 was €3.8 Mil. IVU Traffic Technologies AG's Inventory Turnover for the quarter that ended in Dec. 2023 was 17.62.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. IVU Traffic Technologies AG's Days Inventory for the three months ended in Dec. 2023 was 5.18.

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. IVU Traffic Technologies AG's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.08.

IVU Traffic Technologies AG Inventory Turnover Historical Data

The historical data trend for IVU Traffic Technologies 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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IVU Traffic Technologies AG Inventory Turnover Chart

IVU Traffic Technologies AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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23.29

48.65

50.63

76.93

76.62

IVU Traffic Technologies AG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															26.66	1.20	0.93	0.68	17.62

IVU Traffic Technologies AG Inventory Turnover Calculation

IVU Traffic Technologies 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 )
=	79.609	/ (	(0.815	+	1.263)	/	2 )
=	79.609	/	1.039
=	76.62

IVU Traffic Technologies 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: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	66.819	/ (	(6.32	+	1.263)	/	2 )
=	66.819	/	3.7915
=	17.62

IVU Traffic Technologies AG (XTER:IVU) 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.

IVU Traffic Technologies AG'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
	=	3.7915	/	66.819	*	365 / 4
	=	5.18

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.

IVU Traffic Technologies 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 )
	=	3.7915	/	46.02
	=	0.08

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.

IVU Traffic Technologies AG Inventory Turnover Related Terms

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IVU Traffic Technologies AG (XTER:IVU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » IVU Traffic Technologies AG (XTER:IVU) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

IVU:Germany IVU:Germany IVU:Germany

Address

Bundesallee 88, Berlin, DEU, 12161

Website

https://www.ivu.com

IVU Traffic Technologies AG is a Germany-based software company. It is engaged in the development, manufacturing, and marketing of software and hardware. It provides installation and maintenance of IT solutions for the operational tasks of public passenger and freight transport. Its product consists of IVU. suite, IVU.rail, IVU.cloud, and many more. The company's business area of operations includes countries like Germany, Europe, and others in which it generates the majority of its revenue from Germany.

Executives

Leon Struijk	Board of Directors
Ute Witt	Supervisory Board
Timo Kirst	Managing Director
Matthias Rust	Board of Directors
Martin Müller-elschner	Board of Directors

IVU Traffic Technologies AG (XTER:IVU) Headlines

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