MCH Group (XSWX:MCHN) Inventory Turnover : 4.61 (As of Dec. 2023)

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What is MCH 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. MCH Group's Cost of Goods Sold for the six months ended in Dec. 2023 was CHF79.4 Mil. MCH Group's Average Total Inventories for the quarter that ended in Dec. 2023 was CHF17.2 Mil. MCH Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 4.61.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. MCH Group's Days Inventory for the six months ended in Dec. 2023 was 39.60.

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. MCH Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.11.

MCH Group Inventory Turnover Historical Data

The historical data trend for MCH 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.

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MCH Group Inventory Turnover Chart

MCH Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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12.58

4.60

3.23

7.75

11.81

MCH Group 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															2.16	3.05	5.91	7.38	4.61

MCH Group Inventory Turnover Calculation

MCH 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 )
=	191.201	/ (	(15.144	+	17.227)	/	2 )
=	191.201	/	16.1855
=	11.81

MCH 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 )
=	79.401	/ (	(0	+	17.227)	/	1 )
=	79.401	/	17.227
=	4.61

MCH Group (XSWX:MCHN) 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.

MCH 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
	=	17.227	/	79.401	*	365 / 2
	=	39.60

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.

MCH 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 )
	=	17.227	/	160.023
	=	0.11

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.

MCH Group Inventory Turnover Related Terms

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MCH Group (XSWX:MCHN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » MCH Group Ltd (XSWX:MCHN) » Definitions » Inventory Turnover

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MCHNz:UK

Address

Messeplatz 10, Basel, CHE, 4005

Website

http://www.mch-group.com

MCH Group Ltd is an international live-marketing company with a services network spanning the entire exhibition and event market. As the organiser of national and international exhibitions, the MCH Group creates marketing platforms and offers exhibiting companies bespoke solutions for successful exhibition stands. With its infrastructure in Basel, Lausanne and Zurich, as well as its live marketing solutions, the firm also provides a broad range of services to corporate and public events, in addition to exhibitions and congresses. The company's majority of operating income is derived from Switzerland, where it already has a market position.

MCH Group (XSWX:MCHN) Headlines

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