SPORTTOTAL AG (XTER:WIG1) Inventory Turnover : 149.62 (As of Dec. 2023)

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What is SPORTTOTAL 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. SPORTTOTAL AG's Cost of Goods Sold for the six months ended in Dec. 2023 was €17.36 Mil. SPORTTOTAL AG's Average Total Inventories for the quarter that ended in Dec. 2023 was €0.12 Mil. SPORTTOTAL AG's Inventory Turnover for the quarter that ended in Dec. 2023 was 149.62.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. SPORTTOTAL AG's Days Inventory for the six months ended in Dec. 2023 was 1.22.

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. SPORTTOTAL AG's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

SPORTTOTAL AG Inventory Turnover Historical Data

The historical data trend for SPORTTOTAL 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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SPORTTOTAL AG Inventory Turnover Chart

SPORTTOTAL AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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13.30

16.26

15.34

35.70

73.10

SPORTTOTAL 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															9.28	13.26	40.52	34.08	149.62

SPORTTOTAL AG Inventory Turnover Calculation

SPORTTOTAL 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 )
=	30.921	/ (	(0.705	+	0.141)	/	2 )
=	30.921	/	0.423
=	73.10

SPORTTOTAL 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 )
=	17.356	/ (	(0.091	+	0.141)	/	2 )
=	17.356	/	0.116
=	149.62

SPORTTOTAL AG (XTER:WIG1) 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.

SPORTTOTAL 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
	=	0.116	/	17.356	*	365 / 2
	=	1.22

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.

SPORTTOTAL 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 )
	=	0.116	/	27.675
	=	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.

SPORTTOTAL AG Inventory Turnover Related Terms

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SPORTTOTAL AG (XTER:WIG1) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » SPORTTOTAL AG (XTER:WIG1) » Definitions » Inventory Turnover

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Traded in Other Exchanges

WIG1:Germany WIG1:Germany

Address

Am Coloneum 2, Köln, DEU, 50829

Website

http://www.sporttotal.com

SPORTTOTAL AG is a Germany-based company. It is engaged in the sports and entertainment media sectors. The company offers range of products includes outside television broadcast, rental and racing services, television and film production, editorial, graphic and result services, high-end technology, live events and television marketing.

SPORTTOTAL AG (XTER:WIG1) Headlines

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