The Farm 51 Group (WAR:F51) Inventory Turnover : -0.46 (As of Mar. 2024)

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What is The Farm 51 Group 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. The Farm 51 Group's Cost of Goods Sold for the three months ended in Mar. 2024 was zł-3.66 Mil. The Farm 51 Group's Average Total Inventories for the quarter that ended in Mar. 2024 was zł7.98 Mil. The Farm 51 Group's Inventory Turnover for the quarter that ended in Mar. 2024 was -0.46.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

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. The Farm 51 Group's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 4.18.

The Farm 51 Group Inventory Turnover Historical Data

The historical data trend for The Farm 51 Group'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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The Farm 51 Group Inventory Turnover Chart

The Farm 51 Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

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0.77

-0.47

-0.58

1.31

-0.78

The Farm 51 Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															-0.40	-0.83	-1.76	-0.63	-0.46

The Farm 51 Group Inventory Turnover Calculation

The Farm 51 Group'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 )
=	-2.567	/ (	(0	+	3.293)	/	1 )
=	-2.567	/	3.293
=	-0.78

The Farm 51 Group'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: Sep. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	-3.655	/ (	(4.13	+	11.828)	/	2 )
=	-3.655	/	7.979
=	-0.46

The Farm 51 Group (WAR:F51) 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.

The Farm 51 Group'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
	=	7.979	/	-3.655	*	365 / 4
	=

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.

The Farm 51 Group'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 )
	=	7.979	/	1.91
	=	4.18

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.

The Farm 51 Group Inventory Turnover Related Terms

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The Farm 51 Group (WAR:F51) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » The Farm 51 Group (WAR:F51) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

Bohaterow Getta Warszawskiego 15 Street, Gliwice, POL, 44-102

Website

http://thefarm51.com

The Farm 51 Group develops video games for personal computers, desktop consoles and mobile devices. The company also creates games, modern VR applications and participate in many innovative educational and commercial projects.

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