Proton Motor Power Systems (LSE:PPS) Inventory Turnover : 0.38 (As of Jun. 2023)

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What is Proton Motor Power Systems 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. Proton Motor Power Systems's Cost of Goods Sold for the six months ended in Jun. 2023 was £0.91 Mil. Proton Motor Power Systems's Average Total Inventories for the quarter that ended in Jun. 2023 was £2.39 Mil. Proton Motor Power Systems's Inventory Turnover for the quarter that ended in Jun. 2023 was 0.38.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Proton Motor Power Systems's Days Inventory for the six months ended in Jun. 2023 was 476.32.

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. Proton Motor Power Systems's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 2.57.

Proton Motor Power Systems Inventory Turnover Historical Data

The historical data trend for Proton Motor Power Systems'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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Proton Motor Power Systems Inventory Turnover Chart

Proton Motor Power Systems Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

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0.77

0.62

0.94

1.29

1.01

Proton Motor Power Systems Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Inventory Turnover	Get a 7-Day Free Trial															0.36	0.65	0.34	0.58	0.38

Proton Motor Power Systems Inventory Turnover Calculation

Proton Motor Power Systems'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 )
=	2.089	/ (	(1.835	+	2.302)	/	2 )
=	2.089	/	2.0685
=	1.01

Proton Motor Power Systems'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 )
=	0.914	/ (	(2.302	+	2.469)	/	2 )
=	0.914	/	2.3855
=	0.38

Proton Motor Power Systems (LSE:PPS) 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.

Proton Motor Power Systems'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
	=	2.3855	/	0.914	*	365 / 2
	=	476.32

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.

Proton Motor Power Systems'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 )
	=	2.3855	/	0.929
	=	2.57

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.

Proton Motor Power Systems Inventory Turnover Related Terms

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Proton Motor Power Systems (LSE:PPS) Business Description

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P6K0:Germany

Address

C/o Womble Bond Dickinson (UK) LLP, 4 More London Riverside, London, GBR, SE1 2AU

Website

https://www.proton-motor.de

Proton Motor Power Systems PLC and its subsidiaries are manufacturers of hydrogen fuel cells and fuel cell systems for mobile, maritime and stationary applications. It offers OEM fuel cell systems products, power supplies, and solar battery storage products. The company is organized into only the principal operating division, Green Energy. Its primary geographic markets are Germany, Europe, and the rest of the world of which Europe generates the majority of its revenue.