Sportradar Ag Ordinary Shares(Srad) Financials: Inventory Turnover Compared To Industry Average, Plus Other Key Ratios

Growth Trend (Last 5 Years)

Growth - inventory turnover

This chart shows the historical trend of inventory turnover for SRAD compared to its industry average over the recent years.

Ratio Definition and Interpretation

Name: Inventory Turnover

Definition: Inventory turnover measures how quickly the company sells and replaces its inventory. A higher turnover means products are selling fast and inventory isn’t sitting idle. Slow turnover may suggest weak sales, poor demand forecasting, or obsolete inventory piling up — all of which can tie up cash unnecessarily.

Interpretation:
• In '2022', SRAD's inventory turnover was 52.30, reflecting efficiency in managing inventory stock. Industry average for Computer Software: Programming Data Processing in '2022' stood at 4.55.
• In '2023', SRAD's inventory turnover was 57.74, reflecting efficiency in managing inventory stock. The increase since '2022' reflects strengthening financial performance. Industry average for Computer Software: Programming Data Processing in '2023' stood at 5.41. Industry average increased by 0.86 compared to previous year.
• In '2024', SRAD's inventory turnover was 81.78, reflecting efficiency in managing inventory stock. The increase since '2023' reflects strengthening financial performance. Industry average for Computer Software: Programming Data Processing in '2024' stood at 6.43. Industry average increased by 1.02 compared to previous year.
Overall, SRAD's inventory turnover has been volatile but showed an upward trend over the past 3 years.

Formula: Inventory Turnover = Cost of Goods Sold / Average Inventory

Good Range: Typically 4 to 12 depending on industry.