Hamburger Hafen und Logistik AG (WBO:HHFA) Inventory Turnover : 8.82 (As of Jun. 2024)

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What is Hamburger Hafen und Logistik 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. Hamburger Hafen und Logistik AG's Cost of Goods Sold for the three months ended in Jun. 2024 was €323 Mil. Hamburger Hafen und Logistik AG's Average Total Inventories for the quarter that ended in Jun. 2024 was €37 Mil. Hamburger Hafen und Logistik AG's Inventory Turnover for the quarter that ended in Jun. 2024 was 8.82.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hamburger Hafen und Logistik AG's Days Inventory for the three months ended in Jun. 2024 was 10.34.

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. Hamburger Hafen und Logistik AG's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.09.

Hamburger Hafen und Logistik AG Inventory Turnover Historical Data

The historical data trend for Hamburger Hafen und Logistik 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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Hamburger Hafen und Logistik AG Inventory Turnover Chart

Hamburger Hafen und Logistik AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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43.28

40.15

36.82

35.15

34.87

Hamburger Hafen und Logistik 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															8.05	8.10	8.13	8.82	8.82

Hamburger Hafen und Logistik AG Inventory Turnover Calculation

Hamburger Hafen und Logistik 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 )
=	1203.1	/ (	(34.526	+	34.477)	/	2 )
=	1203.1	/	34.5015
=	34.87

Hamburger Hafen und Logistik 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 )
=	322.717	/ (	(36.48	+	36.69)	/	2 )
=	322.717	/	36.585
=	8.82

Hamburger Hafen und Logistik AG (WBO:HHFA) 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.

Hamburger Hafen und Logistik 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
	=	36.585	/	322.717	*	365 / 4
	=	10.34

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.

Hamburger Hafen und Logistik 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 )
	=	36.585	/	396.679
	=	0.09

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.

Hamburger Hafen und Logistik AG Inventory Turnover Related Terms

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Hamburger Hafen und Logistik AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Hamburger Hafen und Logistik AG (WBO:HHFA) » Definitions » Inventory Turnover

Traded in Other Exchanges

HHULY:USA 0NBI:UK HHFA:Germany

Address

Bei St. Annen 1, Hamburg, DEU, 20457

Website

https://www.hhla.de

Hamburger Hafen und Logistik AG is operated as a strategic management holding company divided into two subgroups, Port Logistics and Real Estate. it has four segments: container, intermodal, logistics, and real estate. The container segment operates terminals to transport containers by sea, rail, and truck; the Intermodal segment operates the company's rail container transportation network; the Real estate segment activities include services such as the development, letting, and management of properties; The Logistics segment encompasses specialist handling services, digital business activities, and consulting. The container and intermodal segments together generate the majority of revenue. The company derives the majority of its revenue domestically.

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