SMT Scharf AG (LTS:0FWF) Inventory Turnover : 0.29 (As of Mar. 2024)

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What is SMT Scharf 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. SMT Scharf AG's Cost of Goods Sold for the three months ended in Mar. 2024 was €11.55 Mil. SMT Scharf AG's Average Total Inventories for the quarter that ended in Mar. 2024 was €39.65 Mil. SMT Scharf AG's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.29.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. SMT Scharf AG's Days Inventory for the three months ended in Mar. 2024 was 313.37.

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. SMT Scharf AG's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 3.18.

SMT Scharf AG Inventory Turnover Historical Data

The historical data trend for SMT Scharf 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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SMT Scharf AG Inventory Turnover Chart

SMT Scharf AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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2.27

1.81

1.63

1.96

1.54

SMT Scharf 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															0.32	0.42	0.37	0.34	0.29

SMT Scharf AG Inventory Turnover Calculation

SMT Scharf 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 )
=	55.499	/ (	(33.663	+	38.193)	/	2 )
=	55.499	/	35.928
=	1.54

SMT Scharf 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 )
=	11.547	/ (	(38.193	+	41.116)	/	2 )
=	11.547	/	39.6545
=	0.29

SMT Scharf AG (LTS:0FWF) 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.

SMT Scharf 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
	=	39.6545	/	11.547	*	365 / 4
	=	313.37

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.

SMT Scharf 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 )
	=	39.6545	/	12.456
	=	3.18

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.

SMT Scharf AG Inventory Turnover Related Terms

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SMT Scharf AG (LTS:0FWF) Business Description

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S4AA:Germany

Address

Romerstrasse 104, Hamm, DEU, 59075

Website

https://www.smtscharf.com

SMT Scharf AG is a supplier of rail bound transport systems. The group develops, manufactures, and services transportation equipment and logistics systems for underground mining and tunnel construction. It has four primary segments Coal Mining, Mineral Mining, and Tunnel, Other Industries segment. The company derives the maximum revenue from the Coal Mining segment. Its products categories include Monorail systems, Floor-mounted Rail??, and Rubber wheeled transportation?.

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