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NAP Nyrt (BUD:NAP) Inventory Turnover : 41.98 (As of Jun. 2023)


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What is NAP Nyrt 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. NAP Nyrt's Cost of Goods Sold for the six months ended in Jun. 2023 was Ft262 Mil. NAP Nyrt's Average Total Inventories for the quarter that ended in Jun. 2023 was Ft6 Mil. NAP Nyrt's Inventory Turnover for the quarter that ended in Jun. 2023 was 41.98.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. NAP Nyrt's Days Inventory for the six months ended in Jun. 2023 was 4.35.

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. NAP Nyrt's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.01.

NAP Nyrt Inventory Turnover Historical Data

The historical data trend for NAP Nyrt'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.

NAP Nyrt Inventory Turnover Chart

NAP Nyrt Annual Data
Trend Dec20 Dec21 Dec22
Inventory Turnover
- - 12.98

NAP Nyrt Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23
Inventory Turnover - - - -7.74 41.98

NAP Nyrt Inventory Turnover Calculation

NAP Nyrt's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Inventory Turnover (A: Dec. 2022 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2022 ) / ((Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count )
=80.917 / ((0 + 6.233) / 1 )
=80.917 / 6.233
=12.98

NAP Nyrt's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover (Q: Jun. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2023 ) / ((Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Jun. 2023 )) / count )
=261.657 / ((6.233 + 0) / 1 )
=261.657 / 6.233
=41.98

* 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.

NAP Nyrt  (BUD:NAP) 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.

NAP Nyrt's Days Inventory for the six months ended in Jun. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2023 )/Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=6.233/261.657*365 / 2
=4.35

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.

NAP Nyrt's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=6.233 / 1229.854
=0.01

* 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.

NAP Nyrt Inventory Turnover Related Terms

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NAP Nyrt (BUD:NAP) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » NAP Nyrt (BUD:NAP) » Definitions » Inventory Turnover
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Traded in Other Exchanges
N/A
Address
Timar utca 20, Budapest, HUN, 1034
Website
https://www.nap.solar
NAP Nyrt is a renewable electricity producer company. It acquires project companies that own solar power plants and by carrying out solar power plant investments.