Aeroporto Guglielmo Marconi di Bologna SpA (MIL:ADB) Inventory Turnover : 35.12 (As of Dec. 2023)

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What is Aeroporto Guglielmo Marconi di Bologna SpA 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. Aeroporto Guglielmo Marconi di Bologna SpA's Cost of Goods Sold for the three months ended in Dec. 2023 was €31.5 Mil. Aeroporto Guglielmo Marconi di Bologna SpA's Average Total Inventories for the quarter that ended in Dec. 2023 was €0.9 Mil. Aeroporto Guglielmo Marconi di Bologna SpA's Inventory Turnover for the quarter that ended in Dec. 2023 was 35.12.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Aeroporto Guglielmo Marconi di Bologna SpA's Days Inventory for the three months ended in Dec. 2023 was 2.60.

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. Aeroporto Guglielmo Marconi di Bologna SpA's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.02.

Aeroporto Guglielmo Marconi di Bologna SpA Inventory Turnover Historical Data

The historical data trend for Aeroporto Guglielmo Marconi di Bologna SpA'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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Aeroporto Guglielmo Marconi di Bologna SpA Inventory Turnover Chart

Aeroporto Guglielmo Marconi di Bologna SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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134.35

115.06

81.92

103.04

114.74

Aeroporto Guglielmo Marconi di Bologna SpA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															23.89	27.88	24.19	35.12	26.92

Aeroporto Guglielmo Marconi di Bologna SpA Inventory Turnover Calculation

Aeroporto Guglielmo Marconi di Bologna SpA'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 )
=	102.694	/ (	(0.912	+	0.878)	/	2 )
=	102.694	/	0.895
=	114.74

Aeroporto Guglielmo Marconi di Bologna SpA'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: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	31.519	/ (	(0.917	+	0.878)	/	2 )
=	31.519	/	0.8975
=	35.12

Aeroporto Guglielmo Marconi di Bologna SpA (MIL:ADB) 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.

Aeroporto Guglielmo Marconi di Bologna SpA's Days Inventory for the three 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
	=	0.8975	/	31.519	*	365 / 4
	=	2.60

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.

Aeroporto Guglielmo Marconi di Bologna SpA'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 )
	=	0.8975	/	45.342
	=	0.02

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.

Aeroporto Guglielmo Marconi di Bologna SpA Inventory Turnover Related Terms

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Aeroporto Guglielmo Marconi di Bologna SpA (MIL:ADB) Business Description

Industry

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Traded in Other Exchanges

169:Germany

Address

Via Triumvirato 84, Bologna, ITA, 40132

Website

https://www.bologna-airport.it

Aeroporto Guglielmo Marconi di Bologna SpA is engaged in the airport operations. It operates with three business units Aviation, Non-Aviation, and Other. Aviation unit is responsible for providing security services, information to the public and airport users, development of the airport infrastructure and service to passengers whereas Non-Aviation unit is concern about parking management, retail sub-concessions, advertising, passenger services and real estate management areas. The group generates revenue through Carriers, Airport Operators, Traffic incentives and Construction Services.

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