Technip Energies NV (XPAR:TE) Inventory Turnover : 0.00 (As of Dec. 2023)

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What is Technip Energies NV 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. Technip Energies NV's Cost of Goods Sold for the six months ended in Dec. 2023 was €2,667 Mil. Technip Energies NV's Average Total Inventories for the quarter that ended in Dec. 2023 was €0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Technip Energies NV's Days Inventory for the six months ended in Dec. 2023 was 0.00.

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. Technip Energies NV's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

Technip Energies NV Inventory Turnover Historical Data

The historical data trend for Technip Energies NV'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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Technip Energies NV Inventory Turnover Chart

Technip Energies NV Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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Technip Energies NV Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial							-	-	-	-	-

Technip Energies NV Inventory Turnover Calculation

Technip Energies NV'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 )
=	5080.4	/ (	(0	+	0)	/	1 )
=	5080.4	/	0
=	N/A

Technip Energies NV'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 )
=	2667.1	/ (	(0	+	0)	/	1 )
=	2667.1	/	0
=	N/A

Technip Energies NV (XPAR:TE) 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.

Technip Energies NV'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	/	2667.1	*	365 / 2
	=	0.00

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.

Technip Energies NV'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	/	3173.3
	=	0.00

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.

Technip Energies NV Inventory Turnover Related Terms

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Technip Energies NV (XPAR:TE) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Technip Energies NV (XPAR:TE) » Definitions » Inventory Turnover

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Address

2126 boulevard de la Defense, CS 10266, Nanterre, Cedex, FRA, 92741

Website

https://www.technipenergies.com

Technip Energies NV is an engineering and technology company specialized in providing projects, technologies, products and services on energy infrastructure both onshore and offshore. Substantial revenue is derived from the Project Delivery segment.