Holding Co ADMIE (IPTO) (Holding Co ADMIE (IPTO)) Inventory Turnover : 0.90 (As of Sep. 2023)

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What is Holding Co ADMIE (IPTO) 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. Holding Co ADMIE (IPTO)'s Cost of Goods Sold for the three months ended in Sep. 2023 was $61.7 Mil. Holding Co ADMIE (IPTO)'s Average Total Inventories for the quarter that ended in Sep. 2023 was $68.3 Mil. Holding Co ADMIE (IPTO)'s Inventory Turnover for the quarter that ended in Sep. 2023 was 0.90.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Holding Co ADMIE (IPTO)'s Days Inventory for the three months ended in Sep. 2023 was 101.06.

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. Holding Co ADMIE (IPTO)'s Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.40.

Holding Co ADMIE (IPTO) Inventory Turnover Historical Data

The historical data trend for Holding Co ADMIE (IPTO)'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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Holding Co ADMIE (IPTO) Inventory Turnover Chart

Holding Co ADMIE (IPTO) Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

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18.35

9.63

6.74

4.61

8.51

Holding Co ADMIE (IPTO) Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Inventory Turnover	Get a 7-Day Free Trial															3.05	1.77	0.95	0.69	0.90

Holding Co ADMIE (IPTO) Inventory Turnover Calculation

Holding Co ADMIE (IPTO)'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 )
=	544.208	/ (	(61.54	+	66.331)	/	2 )
=	544.208	/	63.9355
=	8.51

Holding Co ADMIE (IPTO)'s Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

	Inventory Turnover (Q: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	61.671	/ (	(67.543	+	69.058)	/	2 )
=	61.671	/	68.3005
=	0.90

Holding Co ADMIE (IPTO) (OTCPK:HCAEF) 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.

Holding Co ADMIE (IPTO)'s Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	68.3005	/	61.671	*	365 / 4
	=	101.06

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.

Holding Co ADMIE (IPTO)'s Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	68.3005	/	170.653
	=	0.40

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.

Holding Co ADMIE (IPTO) Inventory Turnover Related Terms

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Holding Co ADMIE (IPTO) (Holding Co ADMIE (IPTO)) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Holding Co ADMIE (IPTO) SA (OTCPK:HCAEF) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

ADMIE:Greece 08M:Germany

Address

89, Dyrrachiou and Kifissou Streets, Kifissou, Athens, GRC, 104-43

Website

http://www.admie.gr

Holding Co ADMIE (IPTO) SA through its subsidiary operates, maintains and develops the Greek Electricity Transmission System to ensure the supply of electricity in the country in a safe, efficient and reliable manner.

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