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Financiere et Immobiliere de l'Etang de Berre et de la Mediterranee FIEB (XPAR:BERR) Inventory Turnover : 87.29 (As of Jun. 2023)


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What is Financiere et Immobiliere de l'Etang de Berre et de la Mediterranee FIEB 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. Financiere et Immobiliere de l'Etang de Berre et de la Mediterranee FIEB's Cost of Goods Sold for the six months ended in Jun. 2023 was €0.61 Mil. Financiere et Immobiliere de l'Etang de Berre et de la Mediterranee FIEB's Average Total Inventories for the quarter that ended in Jun. 2023 was €0.01 Mil. Financiere et Immobiliere de l'Etang de Berre et de la Mediterranee FIEB's Inventory Turnover for the quarter that ended in Jun. 2023 was 87.29.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Financiere et Immobiliere de l'Etang de Berre et de la Mediterranee FIEB's Days Inventory for the six months ended in Jun. 2023 was 2.09.

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. Financiere et Immobiliere de l'Etang de Berre et de la Mediterranee FIEB's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.05.


Financiere et Immobiliere de l'Etang de Berre et de la Mediterranee FIEB Inventory Turnover Historical Data

The historical data trend for Financiere et Immobiliere de l'Etang de Berre et de la Mediterranee FIEB'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.

Financiere et Immobiliere de l'Etang de Berre et de la Mediterranee FIEB Inventory Turnover Chart

Financiere et Immobiliere de l'Etang de Berre et de la Mediterranee FIEB Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 68.21 33.87 28.31 35.86 60.13

Financiere et Immobiliere de l'Etang de Berre et de la Mediterranee FIEB Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.19 20.14 53.16 22.43 87.29

Financiere et Immobiliere de l'Etang de Berre et de la Mediterranee FIEB Inventory Turnover Calculation

Financiere et Immobiliere de l'Etang de Berre et de la Mediterranee FIEB'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 )
=1.353 / ((0.038 + 0.007) / 2 )
=1.353 / 0.0225
=60.13

Financiere et Immobiliere de l'Etang de Berre et de la Mediterranee FIEB'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 )
=0.611 / ((0.007 + 0.007) / 2 )
=0.611 / 0.007
=87.29

* 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.


Financiere et Immobiliere de l'Etang de Berre et de la Mediterranee FIEB  (XPAR:BERR) 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.

Financiere et Immobiliere de l'Etang de Berre et de la Mediterranee FIEB'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
=0.007/0.611*365 / 2
=2.09

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.

Financiere et Immobiliere de l'Etang de Berre et de la Mediterranee FIEB'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 )
=0.007 / 0.137
=0.05

* 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.


Financiere et Immobiliere de l'Etang de Berre et de la Mediterranee FIEB Inventory Turnover Related Terms

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Financiere et Immobiliere de l'Etang de Berre et de la Mediterranee FIEB (XPAR:BERR) Business Description

Traded in Other Exchanges
N/A
Address
26, Av. des Romarins, Carry le Rouet, FRA, 13620
Financiere et Immobiliere de l'Etang de Berre et de la Mediterranee SA FIEB rents mobile homes and trailer sites. It also manages parking lots, bars and restaurants.

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