Royal Heijmans NV (XAMS:HEIJM) Inventory Turnover : 2.43 (As of Dec. 2023)

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What is Royal Heijmans 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. Royal Heijmans NV's Cost of Goods Sold for the six months ended in Dec. 2023 was €1,017 Mil. Royal Heijmans NV's Average Total Inventories for the quarter that ended in Dec. 2023 was €418 Mil. Royal Heijmans NV's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.43.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Royal Heijmans NV's Days Inventory for the six months ended in Dec. 2023 was 74.99.

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. Royal Heijmans NV's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.35.

Royal Heijmans NV Inventory Turnover Historical Data

The historical data trend for Royal Heijmans 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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Royal Heijmans NV Inventory Turnover Chart

Royal Heijmans NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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5.36

5.58

5.54

5.97

4.59

Royal Heijmans NV Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															2.73	2.86	3.07	2.82	2.43

Royal Heijmans NV Inventory Turnover Calculation

Royal Heijmans 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 )
=	1828.57	/ (	(268.502	+	528.407)	/	2 )
=	1828.57	/	398.4545
=	4.59

Royal Heijmans 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 )
=	1016.57	/ (	(307	+	528.407)	/	2 )
=	1016.57	/	417.7035
=	2.43

Royal Heijmans NV (XAMS:HEIJM) 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.

Royal Heijmans 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
	=	417.7035	/	1016.57	*	365 / 2
	=	74.99

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.

Royal Heijmans 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 )
	=	417.7035	/	1180.317
	=	0.35

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.

Royal Heijmans NV Inventory Turnover Related Terms

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Royal Heijmans NV (XAMS:HEIJM) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Royal Heijmans NV (XAMS:HEIJM) » Definitions » Inventory Turnover

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HJN1:Germany

Address

Graafsebaan 65, Rosmalen, NB, NLD, 5248JT

Website

https://www.heijmans.nl

Royal Heijmans NV is a construction company based in the Netherlands. The company is engaged in activities related to property development, construction & technical services and infrastructure in the fields of Living, Working and Connecting. The company realises projects for home buyers, companies and government entities. The operational segments of the company are Real Estate, Construction and Technology and Infrastructure.

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