Van de Velde NV (XBRU:VAN) Inventory Turnover : 0.35 (As of Dec. 2023)

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What is Van de Velde NV 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. Van de Velde NV's Cost of Goods Sold for the six months ended in Dec. 2023 was €16.2 Mil. Van de Velde NV's Average Total Inventories for the quarter that ended in Dec. 2023 was €45.8 Mil. Van de Velde NV's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.35.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Van de Velde NV's Days Inventory for the six months ended in Dec. 2023 was 514.47.

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. Van de Velde NV's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.50.

Van de Velde NV Inventory Turnover Historical Data

The historical data trend for Van de Velde NV'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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Van de Velde NV Inventory Turnover Chart

Van de Velde NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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1.02

0.80

0.87

0.70

0.81

Van de Velde NV Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															0.41	0.41	0.31	0.49	0.35

Van de Velde NV Inventory Turnover Calculation

Van de Velde NV'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 )
=	40.522	/ (	(54.158	+	45.95)	/	2 )
=	40.522	/	50.054
=	0.81

Van de Velde NV'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 )
=	16.243	/ (	(45.629	+	45.95)	/	2 )
=	16.243	/	45.7895
=	0.35

Van de Velde NV (XBRU:VAN) 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.

Van de Velde NV'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
	=	45.7895	/	16.243	*	365 / 2
	=	514.47

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.

Van de Velde NV'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 )
	=	45.7895	/	90.678
	=	0.50

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.

Van de Velde NV Inventory Turnover Related Terms

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Van de Velde NV (XBRU:VAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Van de Velde NV (XBRU:VAN) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

VDEVF:USA VO4:Germany

Address

Lageweg 4, Schellebelle, BEL, 9260

Website

https://www.vandevelde.eu

Van de Velde NV primarily designs and produces women's lingerie. Brands include Marie Jo, Primadonna, and Andres Sarda. Van de Velde sells majority of its items through the wholesale channel to independent specialty retailers. The remaining sales are primarily through retail stores the company owns or franchises. Van de Velde sells its products worldwide, and it has retail stores throughout continental Europe, the United Kingdom, the United States, Hong Kong, and Dubai. Van de Velde manufactures its products in Asia and Tunisia.

Van de Velde NV (XBRU:VAN) Headlines

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