Ellomay Capital (Ellomay Capital) Inventory Turnover : 7.78 (As of Dec. 2023)

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What is Ellomay Capital 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. Ellomay Capital's Cost of Goods Sold for the three months ended in Dec. 2023 was $9.92 Mil. Ellomay Capital's Average Total Inventories for the quarter that ended in Dec. 2023 was $1.28 Mil. Ellomay Capital's Inventory Turnover for the quarter that ended in Dec. 2023 was 7.78.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ellomay Capital's Days Inventory for the three months ended in Dec. 2023 was 11.74.

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. Ellomay Capital's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.15.

Ellomay Capital Inventory Turnover Historical Data

The historical data trend for Ellomay Capital'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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Ellomay Capital Inventory Turnover Chart

Ellomay Capital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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45.90

28.03

65.76

41.68

33.27

Ellomay Capital 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															7.47	8.89	-	-	7.78

Ellomay Capital Inventory Turnover Calculation

Ellomay Capital'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 )
=	42.391	/ (	(1.272	+	1.276)	/	2 )
=	42.391	/	1.274
=	33.27

Ellomay Capital'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 )
=	9.921	/ (	(0	+	1.276)	/	1 )
=	9.921	/	1.276
=	7.78

Ellomay Capital (AMEX:ELLO) 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.

Ellomay Capital'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
	=	1.276	/	9.921	*	365 / 4
	=	11.74

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.

Ellomay Capital'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 )
	=	1.276	/	8.432
	=	0.15

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.

Ellomay Capital Inventory Turnover Related Terms

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Ellomay Capital (Ellomay Capital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Ellomay Capital Ltd (AMEX:ELLO) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

ELLO:Israel NUR:Germany

Address

18 Rothschild Boulevard, 1st Floor, Tel Aviv, ISR, 6688121

Website

https://www.ellomay.com

Ellomay Capital Ltd is focused on the utility sector. It is an Israeli public company, which focuses its business in the energy and infrastructure sectors worldwide. The company's operating segment includes Photovoltaic power plants (PV Plants); Dorad Energy Ltd. (Dorad); Groen Gas Goor B.V. and Pumped storage hydro power plant (Manara). It generates maximum revenue from the Dorad segment. Geographically, it derives a majority of its revenue from Spain.