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BolognaFiere SpA (MIL:BF) Inventory Turnover : 11.23 (As of Dec. 2023)


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What is BolognaFiere 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. BolognaFiere SpA's Cost of Goods Sold for the six months ended in Dec. 2023 was €86.79 Mil. BolognaFiere SpA's Average Total Inventories for the quarter that ended in Dec. 2023 was €7.73 Mil. BolognaFiere SpA's Inventory Turnover for the quarter that ended in Dec. 2023 was 11.23.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. BolognaFiere SpA's Days Inventory for the six months ended in Dec. 2023 was 16.26.

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. BolognaFiere SpA's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.08.

BolognaFiere SpA Inventory Turnover Historical Data

The historical data trend for BolognaFiere 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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BolognaFiere SpA Inventory Turnover Chart

BolognaFiere SpA Annual Data
Trend Dec21 Dec22 Dec23
Inventory Turnover
8.98 19.17 20.13

BolognaFiere SpA Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Inventory Turnover - 8.29 10.64 9.08 11.23

BolognaFiere SpA Inventory Turnover Calculation

BolognaFiere 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 )
=156.995 / ((7.805 + 7.796) / 2 )
=156.995 / 7.8005
=20.13

BolognaFiere 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: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count )
=86.79 / ((7.667 + 7.796) / 2 )
=86.79 / 7.7315
=11.23

* 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.

BolognaFiere SpA  (MIL:BF) 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.

BolognaFiere SpA'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
=7.7315/86.79*365 / 2
=16.26

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.

BolognaFiere 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 )
=7.7315 / 93.47
=0.08

* 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.

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.

BolognaFiere SpA Inventory Turnover Related Terms

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BolognaFiere SpA (MIL:BF) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » BolognaFiere SpA (MIL:BF) » Definitions » Inventory Turnover
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Traded in Other Exchanges
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Address
Viale della Fiera, 20, Bologna, ITA, 40127
Website
https://bolognafiere.it
BolognaFiere SpA is an exhibition operator in Italy. It covers the full industry supply chain - trade fair and event organisation, venue management, booth installation, and architecture - operating in over 10 countries in 3 continents (Europe, Asia, and America). The Group operates both in Italy and internationally, organizing exhibition events and providing installation and architecture services in more than 15 foreign countries (including Germany, France, Switzerland, USA, Mexico, China, India, Thailand, United Arab Emirates, etc.

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