Conergy AG (LTS:0P51) Inventory Turnover : 1.73 (As of Mar. 2013)

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What is Conergy 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. Conergy AG's Cost of Goods Sold for the three months ended in Mar. 2013 was €104.4 Mil. Conergy AG's Average Total Inventories for the quarter that ended in Mar. 2013 was €60.3 Mil. Conergy AG's Inventory Turnover for the quarter that ended in Mar. 2013 was 1.73.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Conergy AG's Days Inventory for the three months ended in Mar. 2013 was 52.66.

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. Conergy AG's Inventory-to-Revenue for the quarter that ended in Mar. 2013 was 0.49.

Conergy AG Inventory Turnover Historical Data

The historical data trend for Conergy 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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Conergy AG Inventory Turnover Chart

Conergy AG Annual Data

Trend

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Inventory Turnover

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2.83

2.52

5.17

4.90

5.48

Conergy AG Quarterly Data
	Dec03	Dec07	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13
Inventory Turnover	Get a 7-Day Free Trial															0.89	1.40	1.17	1.51	1.73

Conergy AG Inventory Turnover Calculation

Conergy AG's Inventory Turnover for the fiscal year that ended in Dec. 2012 is calculated as

	Inventory Turnover (A: Dec. 2012 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2012 )	/ (	(Total Inventories (A: Dec. 2011 )	+	Total Inventories (A: Dec. 2012 ))	/	count )
=	404.7	/ (	(86.4	+	61.3)	/	2 )
=	404.7	/	73.85
=	5.48

Conergy AG's Inventory Turnover for the quarter that ended in Mar. 2013 is calculated as

	Inventory Turnover (Q: Mar. 2013 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2013 )	/ (	(Total Inventories (Q: Dec. 2012 )	+	Total Inventories (Q: Mar. 2013 ))	/	count )
=	104.4	/ (	(61.3	+	59.2)	/	2 )
=	104.4	/	60.25
=	1.73

Conergy AG (LTS:0P51) 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.

Conergy AG's Days Inventory for the three months ended in Mar. 2013 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2013 )	/	Cost of Goods Sold (Q: Mar. 2013 )	*	Days in Period
	=	60.25	/	104.4	*	365 / 4
	=	52.66

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.

Conergy AG's Inventory to Revenue for the quarter that ended in Mar. 2013 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2013 )	/	Revenue (Q: Mar. 2013 )
	=	60.25	/	122.1
	=	0.49

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.

Conergy AG Inventory Turnover Related Terms

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Conergy AG (LTS:0P51) Business Description

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Address

Anckelmannsplatz 1, Hamburg, DEU, 20537

Website

http://www.conergy.com

Conergy AG is a German company which acts as a supplier in the field of solar system integration. The company produces, installs and plans solar systems and wind power stations. It develops, produces, and sells photovoltaic plants and plant components. The company is also engaged in project development and the implementation of large-scale photovoltaic projects.

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