Eutelsat Communications (XPAR:ETL) Inventory Turnover : 1.59 (As of Dec. 2023)

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What is Eutelsat Communications 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. Eutelsat Communications's Cost of Goods Sold for the six months ended in Dec. 2023 was €89 Mil. Eutelsat Communications's Average Total Inventories for the quarter that ended in Dec. 2023 was €56 Mil. Eutelsat Communications's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.59.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Eutelsat Communications's Days Inventory for the six months ended in Dec. 2023 was 114.88.

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. Eutelsat Communications's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.10.

Eutelsat Communications Inventory Turnover Historical Data

The historical data trend for Eutelsat Communications'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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Eutelsat Communications Inventory Turnover Chart

Eutelsat Communications Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Inventory Turnover

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30.20

16.92

12.80

8.88

7.98

Eutelsat Communications 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															4.25	3.92	4.69	4.77	1.59

Eutelsat Communications Inventory Turnover Calculation

Eutelsat Communications'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 )
=	103.3	/ (	(12.9	+	13)	/	2 )
=	103.3	/	12.95
=	7.98

Eutelsat Communications'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 )
=	89.2	/ (	(13	+	99.3)	/	2 )
=	89.2	/	56.15
=	1.59

Eutelsat Communications (XPAR:ETL) 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.

Eutelsat Communications'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
	=	56.15	/	89.2	*	365 / 2
	=	114.88

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.

Eutelsat Communications'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 )
	=	56.15	/	572.7
	=	0.10

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.

Eutelsat Communications Inventory Turnover Related Terms

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Eutelsat Communications (XPAR:ETL) Business Description

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Comparable Companies

Traded in Other Exchanges

EUTLF:USA ETCMY:USA ETLp:UK ETL:UK E3B:Germany

Address

32, boulevard Gallieni, Issy-les-Moulineaux, Paris, FRA, 92130

Website

https://www.eutelsat.com

Eutelsat Communications is a French commercial satellite provider with coverage spanning the European continent, the Middle East, Africa, India, and the Americas. It operates a fleet of over 36 satellites serving broadcasters, telecommunications operators, Internet service providers, and government agencies. These satellites are used for video broadcasting, news gathering, broadband services, and data connectivity solutions. Eutelsat generates revenue in Europe, the Americas, the Middle East and North Africa, and Asia.

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