First Sensor AG (XTER:SIS) Inventory Turnover : 0.23 (As of Mar. 2024)

View and export this data going back to 1999. Start your Free Trial

What is First Sensor 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. First Sensor AG's Cost of Goods Sold for the three months ended in Mar. 2024 was €10.7 Mil. First Sensor AG's Average Total Inventories for the quarter that ended in Mar. 2024 was €46.7 Mil. First Sensor AG's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.23.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. First Sensor AG's Days Inventory for the three months ended in Mar. 2024 was 398.92.

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. First Sensor AG's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.58.

First Sensor AG Inventory Turnover Historical Data

The historical data trend for First Sensor 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.

* Premium members only.

First Sensor AG Inventory Turnover Chart

First Sensor AG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Sep22

Sep23

Inventory Turnover

Get a 7-Day Free Trial

2.46

2.10

2.21

1.68

1.56

First Sensor 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															0.33	0.38	0.44	0.29	0.23

First Sensor AG Inventory Turnover Calculation

First Sensor AG's Inventory Turnover for the fiscal year that ended in Sep. 2023 is calculated as

	Inventory Turnover (A: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Sep. 2023 )	/ (	(Total Inventories (A: Sep. 2022 )	+	Total Inventories (A: Sep. 2023 ))	/	count )
=	65.076	/ (	(39.66	+	43.598)	/	2 )
=	65.076	/	41.629
=	1.56

First Sensor 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 )
=	10.693	/ (	(46.253	+	47.241)	/	2 )
=	10.693	/	46.747
=	0.23

First Sensor AG (XTER:SIS) 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.

First Sensor 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
	=	46.747	/	10.693	*	365 / 4
	=	398.92

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.

First Sensor 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 )
	=	46.747	/	29.5
	=	1.58

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.

First Sensor AG Inventory Turnover Related Terms

Thank you for viewing the detailed overview of First Sensor AG's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

First Sensor AG (XTER:SIS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » First Sensor AG (XTER:SIS) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

SIS:Germany SIS:Germany SIS:Germany

Address

Peter-Behrens-Strasse 15, Berlin, BB, DEU, 12459

Website

https://www.first-sensor.com

First Sensor AG is a Germany-based company. It operates in the sensor production and microsystems technology industries. The company's business focuses mainly on the development, manufacture, and distribution of customer-specific optical and non-optical semiconductor sensors and sensor systems. It also develops and manufactures customized hybrid circuits and products for microsystem engineering and advanced packaging. Its product portfolio consists of optical sensors, radiation sensors, pressure sensors, level sensors, flow sensors, inertial sensors, cameras, and other products.

First Sensor AG (XTER:SIS) Headlines

No Headlines