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Wallbox NV (Wallbox NV) Inventory Turnover : 0.54 (As of Dec. 2023)


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What is Wallbox NV 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. Wallbox NV's Cost of Goods Sold for the six months ended in Dec. 2023 was $54.7 Mil. Wallbox NV's Average Total Inventories for the quarter that ended in Dec. 2023 was $102.1 Mil. Wallbox NV's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.54.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Wallbox NV's Days Inventory for the six months ended in Dec. 2023 was 340.70.

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. Wallbox NV's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.24.

Wallbox NV Inventory Turnover Historical Data

The historical data trend for Wallbox NV'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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Wallbox NV Inventory Turnover Chart

Wallbox NV Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
- 1.46 2.51 1.26 0.97

Wallbox NV Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Inventory Turnover Get a 7-Day Free Trial 1.08 0.95 0.57 0.45 0.54

Wallbox NV Inventory Turnover Calculation

Wallbox NV'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 )
=104.147 / ((112.891 + 100.848) / 2 )
=104.147 / 106.8695
=0.97

Wallbox NV'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 )
=54.716 / ((103.446 + 100.848) / 2 )
=54.716 / 102.147
=0.54

* 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.

Wallbox NV  (NYSE:WBX) 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.

Wallbox NV'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
=102.147/54.716*365 / 2
=340.70

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.

Wallbox NV'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 )
=102.147 / 82.605
=1.24

* 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.

Wallbox NV Inventory Turnover Related Terms

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Wallbox NV (Wallbox NV) Business Description

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Address
Carrer del Foc, 68, Barcelona, ESP, 08038
Website
https://www.wallbox.com
Wallbox NV is a smart electric vehicle charging and energy management company. It creates smart charging system combining innovative technology design that manages the communication between user, vehicle, grid, building and charger. By designing, manufacturing, and distributing faster, simpler EV charging solutions for residential, business, and public use, the company is laying the infrastructure required to meet the demands of mass electric vehicles ownership everywhere. Its smart charging product portfolio includes Level 2 alternating current chargers for home and business applications and direct current fast chargers for public applications.