Vossloh AG (LTS:0N2Z) Inventory Turnover : 0.79 (As of Jun. 2024)

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What is Vossloh 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. Vossloh AG's Cost of Goods Sold for the three months ended in Jun. 2024 was €209 Mil. Vossloh AG's Average Total Inventories for the quarter that ended in Jun. 2024 was €266 Mil. Vossloh AG's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.79.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Vossloh AG's Days Inventory for the three months ended in Jun. 2024 was 115.86.

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. Vossloh AG's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.91.

Vossloh AG Inventory Turnover Historical Data

The historical data trend for Vossloh 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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Vossloh AG Inventory Turnover Chart

Vossloh AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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4.59

4.30

4.12

3.82

3.64

Vossloh AG Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Inventory Turnover	Get a 7-Day Free Trial															0.98	0.93	0.79	0.77	0.79

Vossloh AG Inventory Turnover Calculation

Vossloh 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 )
=	898.3	/ (	(233.9	+	259.7)	/	2 )
=	898.3	/	246.8
=	3.64

Vossloh AG's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

	Inventory Turnover (Q: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2024 )	/ (	(Total Inventories (Q: Mar. 2024 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )
=	209.1	/ (	(264.5	+	266.5)	/	2 )
=	209.1	/	265.5
=	0.79

Vossloh AG (LTS:0N2Z) 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.

Vossloh AG's Days Inventory for the three months ended in Jun. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2024 )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
	=	265.5	/	209.1	*	365 / 4
	=	115.86

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.

Vossloh AG's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	265.5	/	292
	=	0.91

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.

Vossloh AG Inventory Turnover Related Terms

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Vossloh AG Business Description

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VOSd:UK VOS:Germany

Address

Vosslohstrasse 4, Werdohl, NW, DEU, 58791

Website

https://www.vossloh.com

Vossloh AG is a rail infrastructure manufacturer domiciled in Germany. The company organizes itself into three segments: Customized Modules, Core Components, and Life Cycle Solutions (rail solutions). The Core Components segment, which generates the majority of the revenue, provides rail fastening systems and manufactures concrete railway ties. The Customized Modules segment, manufactures, installs, and maintains switch systems and monitoring equipment for rail networks, and the Life Cycle Solutions segment maintains, tracks, switches, and recycles old rails. The company also provides digital-based services for the entire lifecycle of rails and switches. It derives a majority of its revenue in Europe, and the rest from its operations in Asia and the Americas.

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