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Parlem Telecom Companyia De Telecomunicacions (XMAD:PAR) Inventory Turnover : 15.85 (As of Dec. 2023)


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What is Parlem Telecom Companyia De Telecomunicacions 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. Parlem Telecom Companyia De Telecomunicacions's Cost of Goods Sold for the six months ended in Dec. 2023 was €11.36 Mil. Parlem Telecom Companyia De Telecomunicacions's Average Total Inventories for the quarter that ended in Dec. 2023 was €0.72 Mil. Parlem Telecom Companyia De Telecomunicacions's Inventory Turnover for the quarter that ended in Dec. 2023 was 15.85.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Parlem Telecom Companyia De Telecomunicacions's Days Inventory for the six months ended in Dec. 2023 was 11.52.

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. Parlem Telecom Companyia De Telecomunicacions's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.03.


Parlem Telecom Companyia De Telecomunicacions Inventory Turnover Historical Data

The historical data trend for Parlem Telecom Companyia De Telecomunicacions'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.

Parlem Telecom Companyia De Telecomunicacions Inventory Turnover Chart

Parlem Telecom Companyia De Telecomunicacions Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
70.00 175.80 218.53 30.94 31.33

Parlem Telecom Companyia De Telecomunicacions Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Inventory Turnover Get a 7-Day Free Trial Premium Member Only 85.87 15.10 8.04 11.98 15.85

Parlem Telecom Companyia De Telecomunicacions Inventory Turnover Calculation

Parlem Telecom Companyia De Telecomunicacions'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 )
=24.754 / ((1.191 + 0.389) / 2 )
=24.754 / 0.79
=31.33

Parlem Telecom Companyia De Telecomunicacions'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 )
=11.363 / ((1.045 + 0.389) / 2 )
=11.363 / 0.717
=15.85

* 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.


Parlem Telecom Companyia De Telecomunicacions  (XMAD:PAR) 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.

Parlem Telecom Companyia De Telecomunicacions'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
=0.717/11.363*365 / 2
=11.52

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.

Parlem Telecom Companyia De Telecomunicacions'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 )
=0.717 / 20.527
=0.03

* 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.


Parlem Telecom Companyia De Telecomunicacions Inventory Turnover Related Terms

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Parlem Telecom Companyia De Telecomunicacions (XMAD:PAR) Business Description

Traded in Other Exchanges
Address
C/ Alaba, 61, 2n, 1a, Barcelona, ESP, 08005
Parlem Telecom Companyia De Telecomunicacions SA is the telecommunications operator. It offers comprehensive mobile, internet, landline and television services and aspires to provide service to customers in any corner of the world to both individuals and companies.