STRABAG SE (XTER:XD4) Inventory Turnover : 4.38 (As of Jun. 2023)

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What is STRABAG SE 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. STRABAG SE's Cost of Goods Sold for the six months ended in Jun. 2023 was €4,981 Mil. STRABAG SE's Average Total Inventories for the quarter that ended in Jun. 2023 was €1,138 Mil. STRABAG SE's Inventory Turnover for the quarter that ended in Jun. 2023 was 4.38.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. STRABAG SE's Days Inventory for the six months ended in Jun. 2023 was 41.69.

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. STRABAG SE's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.15.

STRABAG SE Inventory Turnover Historical Data

The historical data trend for STRABAG SE'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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STRABAG SE Inventory Turnover Chart

STRABAG SE Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

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10.02

10.76

9.04

9.34

10.77

STRABAG SE Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Inventory Turnover	Get a 7-Day Free Trial															3.87	5.46	4.48	5.66	4.38

STRABAG SE Inventory Turnover Calculation

STRABAG SE's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	10977.64	/ (	(969.103	+	1068.707)	/	2 )
=	10977.64	/	1018.905
=	10.77

STRABAG SE's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

	Inventory Turnover (Q: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2023 )	/ (	(Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )
=	4981.009	/ (	(1068.707	+	1207.268)	/	2 )
=	4981.009	/	1137.9875
=	4.38

STRABAG SE (XTER:XD4) 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.

STRABAG SE's Days Inventory for the six months ended in Jun. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2023 )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
	=	1137.9875	/	4981.009	*	365 / 2
	=	41.69

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.

STRABAG SE's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	1137.9875	/	7684.366
	=	0.15

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.

STRABAG SE Inventory Turnover Related Terms

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STRABAG SE (XTER:XD4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » STRABAG SE (XTER:XD4) » Definitions » Inventory Turnover

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STBBF:USA STRv:UK STR:Austria

Address

Triglavstrabe 9, Villach, AUT, 9500

Website

https://www.strabag.com

STRABAG SE is a technology group for construction services. Its services contribute to multiple stages of the construction process, from planning to execution and demolition. The company coordinates people, materials, and machinery to complete construction projects in an efficient manner. Strabag has four operating segments: North and west; South and East; International and Special divisions; and Other. It builds large transportation infrastructure, plants, commercial and industrial facilities, and other large structures related to industrial development. Some projects are granted through concessions from regional governments. The company generates revenue in Europe, with Germany and Austria being important regions for the company.

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