Hapag-Lloyd AG (XTER:HLAG) Inventory Turnover : 8.10 (As of Mar. 2024)

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What is Hapag-Lloyd 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. Hapag-Lloyd AG's Cost of Goods Sold for the three months ended in Mar. 2024 was €3,783 Mil. Hapag-Lloyd AG's Average Total Inventories for the quarter that ended in Mar. 2024 was €467 Mil. Hapag-Lloyd AG's Inventory Turnover for the quarter that ended in Mar. 2024 was 8.10.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hapag-Lloyd AG's Days Inventory for the three months ended in Mar. 2024 was 11.27.

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. Hapag-Lloyd AG's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.11.

Hapag-Lloyd AG Inventory Turnover Historical Data

The historical data trend for Hapag-Lloyd 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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Hapag-Lloyd AG Inventory Turnover Chart

Hapag-Lloyd AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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47.29

52.82

49.38

42.76

32.97

Hapag-Lloyd 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															9.09	8.94	8.88	8.05	8.10

Hapag-Lloyd AG Inventory Turnover Calculation

Hapag-Lloyd 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 )
=	14696.7	/ (	(437.4	+	454)	/	2 )
=	14696.7	/	445.7
=	32.97

Hapag-Lloyd 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 )
=	3783	/ (	(454	+	480.6)	/	2 )
=	3783	/	467.3
=	8.10

Hapag-Lloyd AG (XTER:HLAG) 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.

Hapag-Lloyd 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
	=	467.3	/	3783	*	365 / 4
	=	11.27

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.

Hapag-Lloyd 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 )
	=	467.3	/	4260
	=	0.11

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.

Hapag-Lloyd AG Inventory Turnover Related Terms

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Hapag-Lloyd AG (XTER:HLAG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Hapag-Lloyd AG (XTER:HLAG) » Definitions » Inventory Turnover

Traded in Other Exchanges

HLAGF:USA HPGLY:USA 1HLAG:Italy HLAGd:UK 0RCG:UK HLAG:Austria

Address

Ballindamm 25, Hamburg, DEU, 20095

Website

https://www.hapag-lloyd.com

Hapag-Lloyd AG is a global liner shipping company engaged in the transportation of various products which include Food products, chemical products, mechanical engineering products, raw materials, textiles, and other products through containers and vessels. Hapag also provides various services such as e-business solutions, security information services, and special cargo services. Its geographical area of operation includes Atlantic, Transpacific, Far East, Middle East, Latin America, Intra-Asia, and Africa.

Executives

Dr. Maximilian Rothkopf	Board of Directors
Rolf Eric Habben Jansen	Board of Directors

Hapag-Lloyd AG (XTER:HLAG) Headlines

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