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PVA TePla AG (XTER:TPE) Inventory Turnover : 0.53 (As of Dec. 2023)


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What is PVA TePla 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. PVA TePla AG's Cost of Goods Sold for the three months ended in Dec. 2023 was €50.3 Mil. PVA TePla AG's Average Total Inventories for the quarter that ended in Dec. 2023 was €95.5 Mil. PVA TePla AG's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.53.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PVA TePla AG's Days Inventory for the three months ended in Dec. 2023 was 173.14.

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. PVA TePla AG's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.32.


PVA TePla AG Inventory Turnover Historical Data

The historical data trend for PVA TePla 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.

* Premium members only.

PVA TePla AG Inventory Turnover Chart

PVA TePla AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.76 1.41 1.72 2.18 2.19

PVA TePla 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.72 0.51 0.54 0.48 0.53

PVA TePla AG Inventory Turnover Calculation

PVA TePla 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 )
=185.939 / ((74.996 + 94.601) / 2 )
=185.939 / 84.7985
=2.19

PVA TePla 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 )
=50.344 / ((96.445 + 94.601) / 2 )
=50.344 / 95.523
=0.53

* 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.


PVA TePla AG  (XTER:TPE) 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.

PVA TePla 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
=95.523/50.344*365 / 4
=173.14

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.

PVA TePla 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 )
=95.523 / 72.291
=1.32

* 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.


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.


PVA TePla AG Inventory Turnover Related Terms

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PVA TePla AG (XTER:TPE) Business Description

Traded in Other Exchanges
Address
Im Westpark 10-12, Wettenberg, DEU, 35435
PVA TePla AG is a Germany-based company that provides vacuum solutions for high temperature and plasma treatment processes, as well as plant engineering solutions. The company operates through two segments: Industrial Systems and Semiconductor Systems. The Industrials Systems segment specializes in the development, construction, and marketing of vacuum heat treatment furnaces for processing materials at high temperatures. The Semiconductor Systems segment generates large revenue provides systems for the semiconductor and solar industry ranging from systems for the production of silicon crystals for the semiconductor, solar and optoelectronic industry to systems for plasma treatment in the semiconductor assembly. Major revenue is derived from the Asian market.
Executives
Jalin Ketter Board of Directors
Prof. Dr. Gernot Hebestreit Supervisory Board
Manfred Bender Board of Directors
Peter Abel Person with management tasks within the meaning of Article 3(1), 25b MAR

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