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Tatatu SPA (XPAR:ALTTU) Inventory Turnover : 25.88 (As of Jun. 2023)


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What is Tatatu SPA 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. Tatatu SPA's Cost of Goods Sold for the six months ended in Jun. 2023 was €5.3 Mil. Tatatu SPA's Average Total Inventories for the quarter that ended in Jun. 2023 was €0.2 Mil. Tatatu SPA's Inventory Turnover for the quarter that ended in Jun. 2023 was 25.88.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tatatu SPA's Days Inventory for the six months ended in Jun. 2023 was 7.05.

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. Tatatu SPA's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.00.

Tatatu SPA Inventory Turnover Historical Data

The historical data trend for Tatatu SPA'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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Tatatu SPA Inventory Turnover Chart

Tatatu SPA Annual Data
Trend Dec20 Dec21 Dec22
Inventory Turnover
- - 58.10

Tatatu SPA Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Inventory Turnover Get a 7-Day Free Trial - - 40.60 49.40 25.88

Tatatu SPA Inventory Turnover Calculation

Tatatu SPA's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Inventory Turnover (A: Dec. 2022 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2022 ) / ((Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count )
=15.222 / ((0 + 0.262) / 1 )
=15.222 / 0.262
=58.10

Tatatu SPA's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover (Q: Jun. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2023 ) / ((Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Jun. 2023 )) / count )
=5.319 / ((0.262 + 0.149) / 2 )
=5.319 / 0.2055
=25.88

* 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.

Tatatu SPA  (XPAR:ALTTU) 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.

Tatatu SPA's Days Inventory for the six months ended in Jun. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2023 )/Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=0.2055/5.319*365 / 2
=7.05

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.

Tatatu SPA's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=0.2055 / 59.978
=0.00

* 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.

Tatatu SPA Inventory Turnover Related Terms

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Tatatu SPA (XPAR:ALTTU) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Tatatu SPA (XPAR:ALTTU) » Definitions » Inventory Turnover
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XPAR:LSS XPAR:ESI XPAR:ALESK XPAR:AXW XPAR:SWP XPAR:LIN XPAR:ALBFR XPAR:ALVIV XPAR:CLA XPAR:ALTTI CRM XTER:SAP INTU NOW UBER CDNS SHOP WDAY XPAR:DSY ROP
Traded in Other Exchanges
N/A
Address
Via Barberini 29, Rome, ITA, 00187
Website
https://www.tatatu.com
Tatatu SPA is the social media and entertainment application. It rewards users for the value they generate by spending time on the platform. Users receive TTU Coins for viewing content and social media interactions. Users can post photos and videos and earn even more TTU Coins when someone likes, comments, views, or shares a post or when users invite a friend. Rewards can be redeemed by bidding at auctions for the chance to win exclusive products and experiences through affiliated merchants.

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