ENEFI Asset Management (BUD:ENEFI) Inventory Turnover : 63.98 (As of Dec. 2023)

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What is ENEFI Asset Management 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. ENEFI Asset Management's Cost of Goods Sold for the six months ended in Dec. 2023 was Ft265.0 Mil. ENEFI Asset Management's Average Total Inventories for the quarter that ended in Dec. 2023 was Ft4.1 Mil. ENEFI Asset Management's Inventory Turnover for the quarter that ended in Dec. 2023 was 63.98.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. ENEFI Asset Management's Days Inventory for the six months ended in Dec. 2023 was 2.85.

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. ENEFI Asset Management's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.02.

ENEFI Asset Management Inventory Turnover Historical Data

The historical data trend for ENEFI Asset Management'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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ENEFI Asset Management Inventory Turnover Chart

ENEFI Asset Management Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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13,200.82

23.71

38.92

75.44

104.65

ENEFI Asset Management 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															23.64	50.81	50.67	55.78	63.98

ENEFI Asset Management Inventory Turnover Calculation

ENEFI Asset Management'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 )
=	546.81	/ (	(6.135	+	4.315)	/	2 )
=	546.81	/	5.225
=	104.65

ENEFI Asset Management'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 )
=	265.019	/ (	(3.969	+	4.315)	/	2 )
=	265.019	/	4.142
=	63.98

ENEFI Asset Management (BUD:ENEFI) 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.

ENEFI Asset Management'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
	=	4.142	/	265.019	*	365 / 2
	=	2.85

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.

ENEFI Asset Management'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 )
	=	4.142	/	165.863
	=	0.02

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.

ENEFI Asset Management Inventory Turnover Related Terms

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ENEFI Asset Management (BUD:ENEFI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » ENEFI Asset Management PLC (BUD:ENEFI) » Definitions » Inventory Turnover

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Address

Nanasi ut 23779/8/E/24, Budapest, HUN, 1031

Website

https://www.enefi.hu

ENEFI Asset Management PLC is an alternative energy company specializing in the implementation of self-financed, technology-independent, and supplier-independent complex energy efficiency-improvement projects, based on the combination of fossil and renewable energy sources. It offers heat supply, public lighting, and kitchen technology investments. The company operates in the following segments: the Energy sector; the Real segment which currently has four branches: finance, tourism, real estate, and food industry; and the Capital market segment. The company derives the majority of its revenue from the Energy sector. The company operates in Cyprus and Romania, out of which the majority of the revenue is generated from Romania.

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