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Weaccess Group (XPAR:MLWEA) Inventory Turnover : 1.71 (As of Dec. 2023)


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What is Weaccess Group 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. Weaccess Group's Cost of Goods Sold for the six months ended in Dec. 2023 was €0.34 Mil. Weaccess Group's Average Total Inventories for the quarter that ended in Dec. 2023 was €0.20 Mil. Weaccess Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.71.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Weaccess Group's Days Inventory for the six months ended in Dec. 2023 was 106.82.

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. Weaccess Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.30.

Weaccess Group Inventory Turnover Historical Data

The historical data trend for Weaccess Group'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.

Weaccess Group Inventory Turnover Chart

Weaccess Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial 5.30 7.01 4.65 4.22 3.47

Weaccess Group Semi-Annual Data
Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Jun23 Dec23
Inventory Turnover Get a 7-Day Free Trial Premium Member Only - - - 1.74 1.71

Weaccess Group Inventory Turnover Calculation

Weaccess Group'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 )
=0.672 / ((0.185 + 0.202) / 2 )
=0.672 / 0.1935
=3.47

Weaccess Group'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 )
=0.34 / ((0.196 + 0.202) / 2 )
=0.34 / 0.199
=1.71

* 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.

Weaccess Group  (XPAR:MLWEA) 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.

Weaccess Group'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
=0.199/0.34*365 / 2
=106.82

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.

Weaccess Group'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 )
=0.199 / 0.657
=0.30

* 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.

Weaccess Group Inventory Turnover Related Terms

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Weaccess Group (XPAR:MLWEA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Weaccess Group SA (XPAR:MLWEA) » Definitions » Inventory Turnover
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Traded in Other Exchanges
N/A
Address
59, rue Caroline Herschel, Madrillet Technology Park, Saint-Etienne-du-Rouvray, FRA, 76800
Website
http://www.infosat-telecom.fr
Weaccess Group SA provides internet services in white ADSL area using wireless technologies. The company also provides television and telephone services.

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