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Martifer SGPS (FRA:FRW) Inventory Turnover : 6.49 (As of Dec. 2023)


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What is Martifer SGPS 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. Martifer SGPS's Cost of Goods Sold for the six months ended in Dec. 2023 was €65.0 Mil. Martifer SGPS's Average Total Inventories for the quarter that ended in Dec. 2023 was €10.0 Mil. Martifer SGPS's Inventory Turnover for the quarter that ended in Dec. 2023 was 6.49.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Martifer SGPS's Days Inventory for the six months ended in Dec. 2023 was 28.11.

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. Martifer SGPS's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.09.

Martifer SGPS Inventory Turnover Historical Data

The historical data trend for Martifer SGPS'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.

Martifer SGPS Inventory Turnover Chart

Martifer SGPS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.49 14.93 11.01 8.18 11.19

Martifer SGPS 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.42 3.63 3.88 4.95 6.49

Martifer SGPS Inventory Turnover Calculation

Martifer SGPS'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 )
=114.227 / ((10.157 + 10.258) / 2 )
=114.227 / 10.2075
=11.19

Martifer SGPS'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 )
=64.961 / ((9.754 + 10.258) / 2 )
=64.961 / 10.006
=6.49

* 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.

Martifer SGPS  (FRA:FRW) 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.

Martifer SGPS'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
=10.006/64.961*365 / 2
=28.11

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.

Martifer SGPS'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 )
=10.006 / 110.541
=0.09

* 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.

Martifer SGPS Inventory Turnover Related Terms

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Martifer SGPS (FRA:FRW) Business Description

Industry
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Traded in Other Exchanges
MAR:Portugal
Address
Apartado 17, Zona Industrial, Oliveira de Frades, PRT, 3684-001
Website
https://www.martifer.com
Martifer SGPS SA is Portugal based holding company. Along with its subsidiaries, the firm operates in three business divisions: Metallic Constructions, which provides metallic constructions, aluminum and glass façades, and infrastructures for oil & gas; Naval Industry segment includes shipbuilding as well as the rendering of ship repair and ship conversion services; and Renewables segment includes the promotion and development of renewable energy projects, with special focus on the wind energy sector. Its geographical segments are Iberian Peninsula, Central Europe, and Other markets.