Artifex Mundi (WAR:ART) Inventory Turnover : 0.06 (As of Mar. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Artifex Mundi 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. Artifex Mundi's Cost of Goods Sold for the three months ended in Mar. 2024 was zł3.20 Mil. Artifex Mundi's Average Total Inventories for the quarter that ended in Mar. 2024 was zł51.77 Mil. Artifex Mundi's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.06.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Artifex Mundi's Days Inventory for the three months ended in Mar. 2024 was 1,474.40.

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. Artifex Mundi's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.88.

Artifex Mundi Inventory Turnover Historical Data

The historical data trend for Artifex Mundi'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.

* Premium members only.

Artifex Mundi Inventory Turnover Chart

Artifex Mundi Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

0.66

0.92

0.59

0.34

0.26

Artifex Mundi 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															0.07	0.06	0.06	0.08	0.06

Artifex Mundi Inventory Turnover Calculation

Artifex Mundi'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 )
=	10.531	/ (	(32.376	+	49.171)	/	2 )
=	10.531	/	40.7735
=	0.26

Artifex Mundi's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	3.204	/ (	(49.171	+	54.368)	/	2 )
=	3.204	/	51.7695
=	0.06

Artifex Mundi (WAR:ART) 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.

Artifex Mundi's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	51.7695	/	3.204	*	365 / 4
	=	1,474.40

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.

Artifex Mundi's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	51.7695	/	27.503
	=	1.88

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.

Artifex Mundi Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Artifex Mundi's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Artifex Mundi (WAR:ART) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Artifex Mundi SA (WAR:ART) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Michala Archaniola 10, Zabrze, POL, 41-800

Website

https://www.artifexmundi.com

Artifex Mundi SA is a producer, co-producer and publisher of games for platforms including Android, iOS, Windows Phone, PC, Mac, Linux, Xbox One and PlayStation 4. Its business segments include Game segment premium, which includes the production of games monetyzowanych model try-before- you-buy and publishing activities and investment in the field of games monetyzowanych model try-before- you-buy.

Artifex Mundi (WAR:ART) Headlines

No Headlines