MVV Energie AG (XTER:MVV1) Inventory Turnover : 4.24 (As of Mar. 2024)

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What is MVV Energie 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. MVV Energie AG's Cost of Goods Sold for the three months ended in Mar. 2024 was €1,570 Mil. MVV Energie AG's Average Total Inventories for the quarter that ended in Mar. 2024 was €370 Mil. MVV Energie AG's Inventory Turnover for the quarter that ended in Mar. 2024 was 4.24.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. MVV Energie AG's Days Inventory for the three months ended in Mar. 2024 was 21.52.

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. MVV Energie AG's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.19.

MVV Energie AG Inventory Turnover Historical Data

The historical data trend for MVV Energie 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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MVV Energie AG Inventory Turnover Chart

MVV Energie AG Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Inventory Turnover

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19.71

14.71

16.48

20.16

18.42

MVV Energie AG Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															5.09	3.10	3.87	4.92	4.24

MVV Energie AG Inventory Turnover Calculation

MVV Energie AG's Inventory Turnover for the fiscal year that ended in Sep. 2023 is calculated as

	Inventory Turnover (A: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Sep. 2023 )	/ (	(Total Inventories (A: Sep. 2022 )	+	Total Inventories (A: Sep. 2023 ))	/	count )
=	5451.252	/ (	(312.452	+	279.342)	/	2 )
=	5451.252	/	295.897
=	18.42

MVV Energie AG's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	1569.622	/ (	(361.768	+	378.407)	/	2 )
=	1569.622	/	370.0875
=	4.24

MVV Energie AG (XTER:MVV1) 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.

MVV Energie AG's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	370.0875	/	1569.622	*	365 / 4
	=	21.52

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.

MVV Energie AG's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	370.0875	/	1943.917
	=	0.19

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.

MVV Energie AG Inventory Turnover Related Terms

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MVV Energie AG (XTER:MVV1) Business Description

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MVV1:Germany MVV1:Germany MVV1:Germany

Address

Luisenring 49, Mannheim, BW, DEU, 68159

Website

https://www.mvv.de

MVV Energie AG is an energy company. Its business comprises energy generation, energy trading, and energy distribution via proprietary grids through to sales and energy-related services. The company operates through five segments: Customer Solutions, New Energies, Supply Reliability, Strategic Investments, and Other Activities. The majority of the company's revenue is generated from Customer Solutions segment which includes the energy and water retail and wholesale businesses. Geographically, the company is focuses on Germany, which is its key revenue generating market and the United Kingdom.

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