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AB Spolka Akcyjna (WAR:ABE) Inventory Turnover : 1.82 (As of Mar. 2024)


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What is AB Spolka Akcyjna 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. AB Spolka Akcyjna's Cost of Goods Sold for the three months ended in Mar. 2024 was zł3,082 Mil. AB Spolka Akcyjna's Average Total Inventories for the quarter that ended in Mar. 2024 was zł1,694 Mil. AB Spolka Akcyjna's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.82.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. AB Spolka Akcyjna's Days Inventory for the three months ended in Mar. 2024 was 50.15.

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. AB Spolka Akcyjna's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.53.

AB Spolka Akcyjna Inventory Turnover Historical Data

The historical data trend for AB Spolka Akcyjna'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.

AB Spolka Akcyjna Inventory Turnover Chart

AB Spolka Akcyjna Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.41 10.36 11.04 9.04 8.31

AB Spolka Akcyjna Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.03 1.71 10.90 2.95 1.82

AB Spolka Akcyjna Inventory Turnover Calculation

AB Spolka Akcyjna's Inventory Turnover for the fiscal year that ended in Jun. 2023 is calculated as

Inventory Turnover (A: Jun. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jun. 2023 ) / ((Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count )
=14638.138 / ((1680.527 + 1841.853) / 2 )
=14638.138 / 1761.19
=8.31

AB Spolka Akcyjna's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover (Q: Mar. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2024 ) / ((Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count )
=3081.546 / ((1631.662 + 1755.696) / 2 )
=3081.546 / 1693.679
=1.82

* 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.

AB Spolka Akcyjna  (WAR:ABE) 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.

AB Spolka Akcyjna's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=1693.679/3081.546*365 / 4
=50.15

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.

AB Spolka Akcyjna's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=1693.679 / 3211.886
=0.53

* 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.

AB Spolka Akcyjna Inventory Turnover Related Terms

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AB Spolka Akcyjna (WAR:ABE) Business Description

Industry
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Traded in Other Exchanges
8B6:Germany
Address
UL. Europejska 4, 55-040 Magnice, Wroclaw, POL, 55-040
Website
http://www.ab.pl
AB Spolka Akcyjna is a Poland-based company that operates as a distributor of IT and consumer electronics. The company distributes consumer electronics and equipment connected with mobile telephony, expands its portfolio of products. The group also trades in household appliances, toys, telephone products, and digital terrestrial televisions; and provides cloud computing solutions and other services, and logistics services. In addition, it manufactures personal computers; and engages in retail trade activities. Geographically its business presence can be seen in the region of Poland, the Czech Republic, and Slovakia.