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Vinpai (XPAR:ALVIN) Inventory Turnover : -2,197.06 (As of Dec. 2023)


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What is Vinpai 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. Vinpai's Cost of Goods Sold for the six months ended in Dec. 2023 was €-3,287.91 Mil. Vinpai's Average Total Inventories for the quarter that ended in Dec. 2023 was €1.50 Mil. Vinpai's Inventory Turnover for the quarter that ended in Dec. 2023 was -2,197.06.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

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.

Vinpai Inventory Turnover Historical Data

The historical data trend for Vinpai'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.

Vinpai Inventory Turnover Chart

Vinpai Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Inventory Turnover
3.66 4.58 5.00 4.68

Vinpai Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Inventory Turnover Get a 7-Day Free Trial - 2,895.87 -1,945.81 2,542.17 -2,197.06

Vinpai Inventory Turnover Calculation

Vinpai'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 )
=6.753 / ((1.243 + 1.644) / 2 )
=6.753 / 1.4435
=4.68

Vinpai'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 )
=-3287.905 / ((1.349 + 1.644) / 2 )
=-3287.905 / 1.4965
=-2,197.06

* 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.

Vinpai  (XPAR:ALVIN) 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.

Vinpai'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
=1.4965/-3287.905*365 / 2
=

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.

Vinpai'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 )
=1.4965 / -3975.666
=

* 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.

Vinpai Inventory Turnover Related Terms

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Vinpai (XPAR:ALVIN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Vinpai SA (XPAR:ALVIN) » Definitions » Inventory Turnover
Comparable Companies
XPAR:ALDUB XPAR:ALKEM XPAR:MLPRX XPAR:ORAP XPAR:ALAFY LIN XPAR:AI APD SHW ECL XSWX:SIKA SHSE:600309 BOM:500820 DD XSWX:GIVN LYB PPG ADX:BOROUGE IFF ISX:TPIA
Traded in Other Exchanges
N/A
Address
6, parc d'Activites de la Fouee, Saint-Dolay, FRA, 56130
Website
https://www.vinpai.com
Vinpai SA is an ingredient tech which offers manufacturers natural alternatives to chemical additives. The Company is an ingredientist that designs, manufactures and markets complementary and innovative ranges of functional ingredients based on algae, plants, minerals and fibers. These innovative ingredients have the function of texturing, stabilizing, preserving, flavoring and/ or enriching the recipes of the food industry, cosmetics, well-being, and health. Vinpai offers manufacturers a complete offer including the supply of functional ingredients, sometimes combined in premix, as well as support for the formulation and the launch of industrial production with the management of the ramp-up with the transition from the lab to the factory.

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