Ramsay Generale dente (XPAR:GDS) Inventory Turnover : 4.23 (As of Dec. 2023)

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What is Ramsay Generale dente 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. Ramsay Generale dente's Cost of Goods Sold for the six months ended in Dec. 2023 was €507 Mil. Ramsay Generale dente's Average Total Inventories for the quarter that ended in Dec. 2023 was €120 Mil. Ramsay Generale dente's Inventory Turnover for the quarter that ended in Dec. 2023 was 4.23.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ramsay Generale dente's Days Inventory for the six months ended in Dec. 2023 was 43.17.

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. Ramsay Generale dente's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.05.

Ramsay Generale dente Inventory Turnover Historical Data

The historical data trend for Ramsay Generale dente'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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Ramsay Generale dente Inventory Turnover Chart

Ramsay Generale dente Annual Data

Trend

Dec13

Dec14

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Inventory Turnover

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7.73

7.05

7.45

8.00

8.53

Ramsay Generale dente 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															3.69	4.13	3.92	4.58	4.23

Ramsay Generale dente Inventory Turnover Calculation

Ramsay Generale dente's Inventory Turnover for the fiscal year that ended in Jun. 2023 is calculated as

	Inventory Turnover (A: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2023 )	/ (	(Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )
=	978.8	/ (	(111.2	+	118.2)	/	2 )
=	978.8	/	114.7
=	8.53

Ramsay Generale dente'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 )
=	507.1	/ (	(118.2	+	121.7)	/	2 )
=	507.1	/	119.95
=	4.23

Ramsay Generale dente (XPAR:GDS) 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.

Ramsay Generale dente'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
	=	119.95	/	507.1	*	365 / 2
	=	43.17

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.

Ramsay Generale dente'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 )
	=	119.95	/	2370.1
	=	0.05

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.

Ramsay Generale dente Inventory Turnover Related Terms

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Ramsay Generale dente (XPAR:GDS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Ramsay Generale de Sante SA (XPAR:GDS) » Definitions » Inventory Turnover

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Traded in Other Exchanges

GD6:Germany

Address

39 Rue Mstislav, Rostropovitch, Paris, FRA, 75017

Website

https://www.ramsaygds.fr

Ramsay Generale de Sante SA operates in the private healthcare sector in France. The company provides a comprehensive range of patient care services in thirteen business segments: Nouvelle Aquitaine, Bourgogne-Franche Comte, Brittany, Centre-Val de Loire, Hauts de France, Normandy, Provence Alpes Cote d'Azur, Ile de France, Auvergne-Rhone Alpes, Occitanie, Italy, Nordics, and Head Office. It generates maximum revenue from the Ile de France segment. The company also specializes in cardiology, heart surgery, digestive surgery, dermatology, urology, ophthalmology, vascular and endovascular surgery.