Shs Viveon AG (FRA:SHWK) Inventory Turnover : 558.50 (As of Dec. 2023)

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What is Shs Viveon 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. Shs Viveon AG's Cost of Goods Sold for the six months ended in Dec. 2023 was €3.35 Mil. Shs Viveon AG's Average Total Inventories for the quarter that ended in Dec. 2023 was €0.01 Mil. Shs Viveon AG's Inventory Turnover for the quarter that ended in Dec. 2023 was 558.50.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shs Viveon AG's Days Inventory for the six months ended in Dec. 2023 was 0.33.

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

Shs Viveon AG Inventory Turnover Historical Data

The historical data trend for Shs Viveon 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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Shs Viveon AG Inventory Turnover Chart

Shs Viveon AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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43.29

153.58

245.89

436.42

714.78

Shs Viveon AG Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															89.97	149.92	335.36	280.18	558.50

Shs Viveon AG Inventory Turnover Calculation

Shs Viveon 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 )
=	6.433	/ (	(0.014	+	0.004)	/	2 )
=	6.433	/	0.009
=	714.78

Shs Viveon 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 )
=	3.351	/ (	(0.008	+	0.004)	/	2 )
=	3.351	/	0.006
=	558.50

Shs Viveon AG (FRA:SHWK) 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.

Shs Viveon 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
	=	0.006	/	3.351	*	365 / 2
	=	0.33

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.

Shs Viveon 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 )
	=	0.006	/	4.441
	=	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.

Shs Viveon AG Inventory Turnover Related Terms

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Shs Viveon AG (FRA:SHWK) Business Description

Industry

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SHWK:Germany

Address

Shs Viveon AG, Fraunhoferstrasse 12, Martinsried Bei Munich, DEU, 82152

Website

http://www.shs-viveon.com

Shs Viveon AG, a business and information technology consulting Company engaged in customer management issues. Its services portfolio includes consulting, marketing, integration and the operation of software products and solutions.

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