Sfinks Polska (WAR:SFS) Inventory Turnover : 10.38 (As of Sep. 2023)

View and export this data going back to 2006. Start your Free Trial

What is Sfinks Polska 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. Sfinks Polska's Cost of Goods Sold for the three months ended in Sep. 2023 was zł17.6 Mil. Sfinks Polska's Average Total Inventories for the quarter that ended in Sep. 2023 was zł1.7 Mil. Sfinks Polska's Inventory Turnover for the quarter that ended in Sep. 2023 was 10.38.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sfinks Polska's Days Inventory for the three months ended in Sep. 2023 was 8.79.

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. Sfinks Polska's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.07.

Sfinks Polska Inventory Turnover Historical Data

The historical data trend for Sfinks Polska'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.

Sfinks Polska Inventory Turnover Chart

Sfinks Polska Annual Data

Trend

Dec11

Dec12

Dec13

Nov16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

Get a 7-Day Free Trial

60.92

54.92

32.51

30.13

45.94

Sfinks Polska 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															11.64	11.06	11.34	9.53	10.38

Sfinks Polska Inventory Turnover Calculation

Sfinks Polska'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 )
=	74.098	/ (	(1.509	+	1.717)	/	2 )
=	74.098	/	1.613
=	45.94

Sfinks Polska'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 )
=	17.596	/ (	(1.808	+	1.583)	/	2 )
=	17.596	/	1.6955
=	10.38

Sfinks Polska (WAR:SFS) 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.

Sfinks Polska'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
	=	1.6955	/	17.596	*	365 / 4
	=	8.79

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.

Sfinks Polska'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 )
	=	1.6955	/	25.388
	=	0.07

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.

Sfinks Polska Inventory Turnover Related Terms

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

Sfinks Polska (WAR:SFS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Sfinks Polska SA (WAR:SFS) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

ul. Swietojanska 5a, Piaseczno, POL, 05-500

Website

http://www.sfinks.pl

Sfinks Polska SA is engaged in the business of restaurants in Poland. It is also engaged in the casual drinking sector. The company brands include Sphinx; Chlopskie Jadlo; and WOOK.