Sanlorenzo SpA (MIL:SL) Inventory Turnover : 0.90 (As of Sep. 2023)

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What is Sanlorenzo SpA 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. Sanlorenzo SpA's Cost of Goods Sold for the three months ended in Sep. 2023 was €73.2 Mil. Sanlorenzo SpA's Average Total Inventories for the quarter that ended in Sep. 2023 was €81.6 Mil. Sanlorenzo SpA's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.90.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sanlorenzo SpA's Days Inventory for the three months ended in Sep. 2023 was 101.62.

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. Sanlorenzo SpA's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.33.

Sanlorenzo SpA Inventory Turnover Historical Data

The historical data trend for Sanlorenzo SpA'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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Sanlorenzo SpA Inventory Turnover Chart

Sanlorenzo SpA Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

3.78

3.73

2.69

2.55

4.00

Sanlorenzo SpA Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Inventory Turnover	Get a 7-Day Free Trial															0.98	1.19	0.93	0.70	0.90

Sanlorenzo SpA Inventory Turnover Calculation

Sanlorenzo SpA's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	243.695	/ (	(68.269	+	53.444)	/	2 )
=	243.695	/	60.8565
=	4.00

Sanlorenzo SpA's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

	Inventory Turnover (Q: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	73.233	/ (	(89.044	+	74.06)	/	2 )
=	73.233	/	81.552
=	0.90

Sanlorenzo SpA (MIL:SL) 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.

Sanlorenzo SpA's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	81.552	/	73.233	*	365 / 4
	=	101.62

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.

Sanlorenzo SpA's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	81.552	/	247.775
	=	0.33

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.

Sanlorenzo SpA Inventory Turnover Related Terms

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Sanlorenzo SpA (MIL:SL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sanlorenzo SpA (MIL:SL) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

6SZA:Germany

Address

Via Armezzone, 3, Cantieri Navali di Ameglia, Ameglia, ITA, 19031

Website

http://www.sanlorenzoyacht.com

Sanlorenzo SpA is engaged in developing, designing, and building motor yachts. The company operates in three segments: Yacht, Superyacht, and Blue game, of which the majority of its revenue comes from the Yacht segment that designs, manufactures, and markets composite yachts between 24 and 38 meters long, under the Sanlorenzo brand. Its manufacturing activities are carried out through shipyards located in Spezia, Ameglia, Viareggio, and Massa. The company's geographical segments are Italy, Europe (other countries), United States, the Americas (other countries), Asia Pacific, and the Middle East and Africa.

Sanlorenzo SpA (MIL:SL) Headlines

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