International Workplace Group (FRA:IWG) Inventory Turnover : 1,179.72 (As of Dec. 2023)

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What is International Workplace Group 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. International Workplace Group's Cost of Goods Sold for the six months ended in Dec. 2023 was €1,372 Mil. International Workplace Group's Average Total Inventories for the quarter that ended in Dec. 2023 was €1 Mil. International Workplace Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 1,179.72.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. International Workplace Group's Days Inventory for the six months ended in Dec. 2023 was 0.15.

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. International Workplace Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

International Workplace Group Inventory Turnover Historical Data

The historical data trend for International Workplace Group'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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International Workplace Group Inventory Turnover Chart

International Workplace Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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1,601.82

1,794.98

1,787.14

2,150.41

2,379.78

International Workplace Group 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															919.18	887.88	914.56	1,195.11	1,179.72

International Workplace Group Inventory Turnover Calculation

International Workplace Group'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 )
=	2749.84	/ (	(1.15	+	1.161)	/	2 )
=	2749.84	/	1.1555
=	2,379.78

International Workplace Group'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 )
=	1372.017	/ (	(1.165	+	1.161)	/	2 )
=	1372.017	/	1.163
=	1,179.72

International Workplace Group (FRA:IWG) 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.

International Workplace Group'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
	=	1.163	/	1372.017	*	365 / 2
	=	0.15

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.

International Workplace Group'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 )
	=	1.163	/	1710.959
	=	0.00

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.

International Workplace Group Inventory Turnover Related Terms

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International Workplace Group (FRA:IWG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » International Workplace Group PLC (FRA:IWG) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

IWGFF:USA IWGl:UK IWG:UK IWG:Germany

Address

Dammstrasse 19, Zug, CHE, CH-6300

Website

https://www.iwgplc.com

IWG PLC owns a network of business centers that are leased to a variety of business customers and offer flexible workspace options. It owns and operates brands like Regus, Spaces, Signature, HQ, and No 18. The company operates in four principal geographical segments: the Americas; Europe, the Middle East, and Africa; Asia-Pacific; and the United Kingdom. The Americas segment generates the majority proportion of revenue.

International Workplace Group (FRA:IWG) Headlines

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