Fotex Holding SE Co (LUX:FTXHG) Inventory Turnover : 0.09 (As of Dec. 2023)

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What is Fotex Holding SE Co 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. Fotex Holding SE Co's Cost of Goods Sold for the six months ended in Dec. 2023 was €0.36 Mil. Fotex Holding SE Co's Average Total Inventories for the quarter that ended in Dec. 2023 was €3.81 Mil. Fotex Holding SE Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.09.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Fotex Holding SE Co's Days Inventory for the six months ended in Dec. 2023 was 1,922.80.

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. Fotex Holding SE Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.19.

Fotex Holding SE Co Inventory Turnover Historical Data

The historical data trend for Fotex Holding SE Co'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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Fotex Holding SE Co Inventory Turnover Chart

Fotex Holding SE Co Annual Data

Trend

Dec12

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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0.52

0.29

0.13

0.15

0.16

Fotex Holding SE Co Semi-Annual Data
	Dec11	Jun12	Dec12	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															0.10	0.14	0.03	0.07	0.09

Fotex Holding SE Co Inventory Turnover Calculation

Fotex Holding SE Co'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 )
=	0.642	/ (	(3.997	+	3.907)	/	2 )
=	0.642	/	3.952
=	0.16

Fotex Holding SE Co'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 )
=	0.362	/ (	(3.721	+	3.907)	/	2 )
=	0.362	/	3.814
=	0.09

Fotex Holding SE Co (LUX:FTXHG) 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.

Fotex Holding SE Co'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
	=	3.814	/	0.362	*	365 / 2
	=	1,922.80

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.

Fotex Holding SE Co'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 )
	=	3.814	/	20.323
	=	0.19

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.

Fotex Holding SE Co Inventory Turnover Related Terms

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Fotex Holding SE Co (LUX:FTXHG) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Fotex Holding SE Co Ltd (LUX:FTXHG) » Definitions » Inventory Turnover

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Address

28, avenue Pasteur, Luxembourg, LUX, L-2310

Website

https://www.fotex.lu

Fotex Holding SE Co Ltd is engaged in a variety of property management, manufacturing, retailing, and other activities. It operates in a single segment, real estate, and investment properties. It develops, invests, and manages real estate properties, and offers real estate investment consulting, and leasing. It has operations in the Netherlands, Luxembourg, and Hungary, and the majority of its revenue comes from Hungary. The revenue from the selling of goods is generated by selling crystal and glass products, and other consumer products.

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