Amplifon SpA (MIL:AMP) Inventory Turnover : 5.37 (As of Dec. 2023)

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What is Amplifon 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. Amplifon SpA's Cost of Goods Sold for the three months ended in Dec. 2023 was €464 Mil. Amplifon SpA's Average Total Inventories for the quarter that ended in Dec. 2023 was €87 Mil. Amplifon SpA's Inventory Turnover for the quarter that ended in Dec. 2023 was 5.37.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Amplifon SpA's Days Inventory for the three months ended in Dec. 2023 was 17.00.

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. Amplifon SpA's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.14.

Amplifon SpA Inventory Turnover Historical Data

The historical data trend for Amplifon 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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Amplifon SpA Inventory Turnover Chart

Amplifon SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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12.68

10.70

14.24

13.59

21.17

Amplifon SpA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															-3.25	5.35	5.19	5.13	5.37

Amplifon SpA Inventory Turnover Calculation

Amplifon 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 )
=	1742.312	/ (	(76.258	+	88.32)	/	2 )
=	1742.312	/	82.289
=	21.17

Amplifon 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 )
=	464.291	/ (	(84.712	+	88.32)	/	2 )
=	464.291	/	86.516
=	5.37

Amplifon SpA (MIL:AMP) 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.

Amplifon 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
	=	86.516	/	464.291	*	365 / 4
	=	17.00

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.

Amplifon 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 )
	=	86.516	/	615.019
	=	0.14

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.

Amplifon SpA Inventory Turnover Related Terms

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Amplifon SpA (MIL:AMP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Amplifon SpA (MIL:AMP) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

AMFPF:USA AMPm:UK 0N61:UK AXNA:Germany

Address

Via Ripamonti, 133, Milano, ITA, 20141

Website

https://corporate.amplifon.com

Amplifon SpA provides customizable hearing solutions and services through a distribution network of network affiliates, corporate shops, franchises, and shop-in-shops. Amplifon operates in three segments based on geography: the Americas; Europe, the Middle East, and Africa; and Asia-Pacific. It generates the majority of its revenue in the EMEA region. Amplifon operates under a variety of brands in these regions, including Amplifon, Beter Horen, Maxtone, and Miracle-Ear. The majority of Amplifon's direct points of sale are in Italy.