Lampsa Hotel Co (ATH:LAMPS) Inventory Turnover : 17.37 (As of Dec. 2023)

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What is Lampsa Hotel Co 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. Lampsa Hotel Co's Cost of Goods Sold for the six months ended in Dec. 2023 was €35.3 Mil. Lampsa Hotel Co's Average Total Inventories for the quarter that ended in Dec. 2023 was €2.0 Mil. Lampsa Hotel Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 17.37.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Lampsa Hotel Co's Days Inventory for the six months ended in Dec. 2023 was 10.51.

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. Lampsa Hotel Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.03.

Lampsa Hotel Co Inventory Turnover Historical Data

The historical data trend for Lampsa Hotel Co'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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Lampsa Hotel Co Inventory Turnover Chart

Lampsa Hotel Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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26.98

17.05

21.54

31.33

32.60

Lampsa Hotel Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															12.64	14.29	14.94	15.57	17.37

Lampsa Hotel Co Inventory Turnover Calculation

Lampsa Hotel Co'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 )
=	65.338	/ (	(1.905	+	2.103)	/	2 )
=	65.338	/	2.004
=	32.60

Lampsa Hotel Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	35.272	/ (	(1.958	+	2.103)	/	2 )
=	35.272	/	2.0305
=	17.37

Lampsa Hotel Co (ATH:LAMPS) 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.

Lampsa Hotel Co's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	2.0305	/	35.272	*	365 / 2
	=	10.51

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.

Lampsa Hotel Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	2.0305	/	63.115
	=	0.03

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.

Lampsa Hotel Co Inventory Turnover Related Terms

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Lampsa Hotel Co (ATH:LAMPS) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Lampsa Hotel Co (ATH:LAMPS) » Definitions » Inventory Turnover

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Address

Vasileos Georgiou ?1, Athens, GRC, 10654

Website

https://www.lampsa.gr

Lampsa Hotel Co is a Greece based company operating in the hospitality sector. The company's operating segments include Athens City Hotels, Belgrade City Hotels, and others. It generates the majority of its revenue from the Athens City Hotels segment. The Group operates in Greece, Cyprus, and Serbia.

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