Catering International Services (XPAR:ALCIS) Inventory Turnover : 2.38 (As of Dec. 2023)

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What is Catering International Services 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. Catering International Services's Cost of Goods Sold for the six months ended in Dec. 2023 was €69.5 Mil. Catering International Services's Average Total Inventories for the quarter that ended in Dec. 2023 was €29.3 Mil. Catering International Services's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.38.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Catering International Services's Days Inventory for the six months ended in Dec. 2023 was 76.84.

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. Catering International Services's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.17.

Catering International Services Inventory Turnover Historical Data

The historical data trend for Catering International Services'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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Catering International Services Inventory Turnover Chart

Catering International Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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7.71

5.92

5.86

5.48

4.47

Catering International Services 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															3.17	2.65	2.61	2.49	2.38

Catering International Services Inventory Turnover Calculation

Catering International Services'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 )
=	135.928	/ (	(27.745	+	33.051)	/	2 )
=	135.928	/	30.398
=	4.47

Catering International Services'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 )
=	69.536	/ (	(25.505	+	33.051)	/	2 )
=	69.536	/	29.278
=	2.38

Catering International Services (XPAR:ALCIS) 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.

Catering International Services'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
	=	29.278	/	69.536	*	365 / 2
	=	76.84

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.

Catering International Services'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 )
	=	29.278	/	171.577
	=	0.17

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.

Catering International Services Inventory Turnover Related Terms

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Catering International Services (XPAR:ALCIS) Business Description

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8WG:Germany

Address

40 C, avenue de Hambourg BP 184, Marseille, FRA, 13008

Website

https://www.cis-catering.com

Catering International Services is engaged in the business of providing catering accommodations and facilities management services for companies operating in difficult environments. The company is engaged in promoting the socio-economic development of local populations in countries where it operates and also integrated services with its core business. Its services portfolio consists of transport and supply, construction, engineering, multi-technical maintenance, waste management, housekeeping, collection, laundry etc. The company has Africa, Asia, Oceania, Middle East, South America and Commonwealth of independent states geographic segments. It derives the majority of its revenue from Africa segment.

Catering International Services (XPAR:ALCIS) Headlines

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