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Metavisio (XPAR:ALTHO) Inventory Turnover : 1.47 (As of Dec. 2023)


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What is Metavisio 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. Metavisio's Cost of Goods Sold for the six months ended in Dec. 2023 was €19.10 Mil. Metavisio's Average Total Inventories for the quarter that ended in Dec. 2023 was €12.96 Mil. Metavisio's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.47.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Metavisio's Days Inventory for the six months ended in Dec. 2023 was 123.78.

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. Metavisio's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.65.


Metavisio Inventory Turnover Historical Data

The historical data trend for Metavisio'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.

Metavisio Inventory Turnover Chart

Metavisio Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial 10.71 6.71 4.59 2.07 2.28

Metavisio Semi-Annual Data
Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Inventory Turnover Get a 7-Day Free Trial Premium Member Only 2.74 1.50 0.90 0.78 1.47

Metavisio Inventory Turnover Calculation

Metavisio'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 )
=29.144 / ((12.62 + 12.932) / 2 )
=29.144 / 12.776
=2.28

Metavisio'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 )
=19.103 / ((12.981 + 12.932) / 2 )
=19.103 / 12.9565
=1.47

* 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.


Metavisio  (XPAR:ALTHO) 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.

Metavisio'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
=12.9565/19.103*365 / 2
=123.78

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.

Metavisio'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 )
=12.9565 / 19.99
=0.65

* 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.


Metavisio Inventory Turnover Related Terms

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Metavisio (XPAR:ALTHO) Business Description

Traded in Other Exchanges
Address
80/84 Route de la Liberation, Pontault-Combault, FRA, 77340
Metavisio SA engages in the design and marketing of laptops, tablets, and computer accessories sold under the Thomson brand license.

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