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Aryzta AG (Aryzta AG) Inventory Turnover : 6.64 (As of Jul. 2023)


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What is Aryzta AG 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. Aryzta AG's Cost of Goods Sold for the six months ended in Jul. 2023 was $968 Mil. Aryzta AG's Average Total Inventories for the quarter that ended in Jul. 2023 was $146 Mil. Aryzta AG's Inventory Turnover for the quarter that ended in Jul. 2023 was 6.64.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Aryzta AG's Days Inventory for the six months ended in Jul. 2023 was 27.50.

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. Aryzta AG's Inventory-to-Revenue for the quarter that ended in Jul. 2023 was 0.12.


Aryzta AG Inventory Turnover Historical Data

The historical data trend for Aryzta AG'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.

Aryzta AG Inventory Turnover Chart

Aryzta AG Annual Data
Trend Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.94 11.42 6.77 10.10 12.68

Aryzta AG Semi-Annual Data
Jan14 Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23
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 6.81 6.64 6.22 6.80 6.64

Aryzta AG Inventory Turnover Calculation

Aryzta AG's Inventory Turnover for the fiscal year that ended in Jul. 2022 is calculated as

Inventory Turnover (A: Jul. 2022 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jul. 2022 ) / ((Total Inventories (A: Jul. 2021 ) + Total Inventories (A: Jul. 2022 )) / count )
=1462.462 / ((108.156 + 122.482) / 2 )
=1462.462 / 115.319
=12.68

Aryzta AG's Inventory Turnover for the quarter that ended in Jul. 2023 is calculated as

Inventory Turnover (Q: Jul. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jul. 2023 ) / ((Total Inventories (Q: Jan. 2023 ) + Total Inventories (Q: Jul. 2023 )) / count )
=968.031 / ((148.707 + 143.031) / 2 )
=968.031 / 145.869
=6.64

* 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.


Aryzta AG  (OTCPK:ARZTF) 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.

Aryzta AG's Days Inventory for the six months ended in Jul. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Jul. 2023 )/Cost of Goods Sold (Q: Jul. 2023 )*Days in Period
=145.869/968.031*365 / 2
=27.50

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.

Aryzta AG's Inventory to Revenue for the quarter that ended in Jul. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jul. 2023 ) / Revenue (Q: Jul. 2023 )
=145.869 / 1201.438
=0.12

* 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.


Aryzta AG Inventory Turnover Related Terms

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Aryzta AG (Aryzta AG) Business Description

Address
Ifangstrasse 9, Schlieren, CHE, 8952
Aryzta AG is an international specialist food company. Geographically, it has a presence in Switzerland, Germany, France, and other countries. By product segment, bread rolls and artisan loaves are the largest segment, followed by sweet baked & morning goods.

Aryzta AG (Aryzta AG) Headlines

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