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Poltronic Allotment cert (WAR:PTN) Inventory Turnover : 0.53 (As of Dec. 2023)


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What is Poltronic Allotment cert 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. Poltronic Allotment cert's Cost of Goods Sold for the three months ended in Dec. 2023 was zł2.42 Mil. Poltronic Allotment cert's Average Total Inventories for the quarter that ended in Dec. 2023 was zł4.55 Mil. Poltronic Allotment cert's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.53.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Poltronic Allotment cert's Days Inventory for the three months ended in Dec. 2023 was 171.38.

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. Poltronic Allotment cert's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.14.


Poltronic Allotment cert Inventory Turnover Historical Data

The historical data trend for Poltronic Allotment cert'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.

Poltronic Allotment cert Inventory Turnover Chart

Poltronic Allotment cert 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 2.57 2.17 1.60 1.38 1.76

Poltronic Allotment cert Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.49 0.46 0.40 0.41 0.53

Poltronic Allotment cert Inventory Turnover Calculation

Poltronic Allotment cert'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 )
=8.269 / ((5.065 + 4.357) / 2 )
=8.269 / 4.711
=1.76

Poltronic Allotment cert'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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count )
=2.421 / ((4.737 + 4.357) / 2 )
=2.421 / 4.547
=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.


Poltronic Allotment cert  (WAR:PTN) 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.

Poltronic Allotment cert's Days Inventory for the three 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
=4.547/2.421*365 / 4
=171.38

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.

Poltronic Allotment cert'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 )
=4.547 / 3.975
=1.14

* 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.


Poltronic Allotment cert Inventory Turnover Related Terms

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Poltronic Allotment cert (WAR:PTN) Business Description

Traded in Other Exchanges
N/A
Address
Opolska 195, Wroclaw, POL, 52-013
Poltronic SA is an importer and distributor of electrical products. The company is engaged in supplying LED lighting systems, compact tools and ecological infrared heating to the Polish and European market. Its clients are main distributors of retail and wholesale, business clients, manufacturing & service companies and individual customers.