Olidata SpA (MIL:OLI) Inventory Turnover : 367.87 (As of Dec. 2023)

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What is Olidata SpA 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. Olidata SpA's Cost of Goods Sold for the six months ended in Dec. 2023 was €67.7 Mil. Olidata SpA's Average Total Inventories for the quarter that ended in Dec. 2023 was €0.2 Mil. Olidata SpA's Inventory Turnover for the quarter that ended in Dec. 2023 was 367.87.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Olidata SpA's Days Inventory for the six months ended in Dec. 2023 was 0.50.

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. Olidata SpA's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

Olidata SpA Inventory Turnover Historical Data

The historical data trend for Olidata SpA'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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Olidata SpA Inventory Turnover Chart

Olidata SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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0.94

0.80

-2.64

1,143.51

Olidata SpA Semi-Annual Data
	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Dec20	Dec21	Jun22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															-	-	218,514,653,920,016,448.00	69.97	367.87

Olidata SpA Inventory Turnover Calculation

Olidata SpA'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 )
=	88.05	/ (	(0	+	0.077)	/	1 )
=	88.05	/	0.077
=	1,143.51

Olidata SpA'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 )
=	67.688	/ (	(0.291	+	0.077)	/	2 )
=	67.688	/	0.184
=	367.87

Olidata SpA (MIL:OLI) 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.

Olidata SpA'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
	=	0.184	/	67.688	*	365 / 2
	=	0.50

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.

Olidata SpA'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 )
	=	0.184	/	78.64
	=	0.00

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.

Olidata SpA Inventory Turnover Related Terms

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Olidata SpA (MIL:OLI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Olidata SpA (MIL:OLI) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Fossalta, 3055, Cesena, FO, ITA, 47020

Website

http://www.olidata.it

Olidata SpA purchases, assembles, services, markets and programs computers, laser printers, tapes and accessories for said machines, as well as providing support for magnetic reproduction of data for computers.

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