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Sodexo (WBO:SW) Inventory Turnover : 32.95 (As of Feb. 2024)


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What is Sodexo 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. Sodexo's Cost of Goods Sold for the six months ended in Feb. 2024 was €10,626 Mil. Sodexo's Average Total Inventories for the quarter that ended in Feb. 2024 was €323 Mil. Sodexo's Inventory Turnover for the quarter that ended in Feb. 2024 was 32.95.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sodexo's Days Inventory for the six months ended in Feb. 2024 was 5.54.

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. Sodexo's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 0.03.


Sodexo Inventory Turnover Historical Data

The historical data trend for Sodexo'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.

Sodexo Inventory Turnover Chart

Sodexo Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 65.35 60.92 58.28 58.58 58.93

Sodexo Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 31.57 27.61 28.97 28.93 32.95

Sodexo Inventory Turnover Calculation

Sodexo's Inventory Turnover for the fiscal year that ended in Aug. 2023 is calculated as

Inventory Turnover (A: Aug. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Aug. 2023 ) / ((Total Inventories (A: Aug. 2022 ) + Total Inventories (A: Aug. 2023 )) / count )
=19917 / ((352 + 324) / 2 )
=19917 / 338
=58.93

Sodexo's Inventory Turnover for the quarter that ended in Feb. 2024 is calculated as

Inventory Turnover (Q: Feb. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Feb. 2024 ) / ((Total Inventories (Q: Aug. 2023 ) + Total Inventories (Q: Feb. 2024 )) / count )
=10626 / ((324 + 321) / 2 )
=10626 / 322.5
=32.95

* 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.


Sodexo  (WBO:SW) 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.

Sodexo's Days Inventory for the six months ended in Feb. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Feb. 2024 )/Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=322.5/10626*365 / 2
=5.54

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.

Sodexo's Inventory to Revenue for the quarter that ended in Feb. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Feb. 2024 ) / Revenue (Q: Feb. 2024 )
=322.5 / 12101
=0.03

* 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.


Sodexo Inventory Turnover Related Terms

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Sodexo (WBO:SW) Business Description

Address
255 Quai de la Bataille de Stalingrad, Issy-les-Moulineaux (Hauts-de-Seine), Cedex 9, Paris, FRA, 92130
Sodexo is one of the largest food service companies globally, operating in more than 80 countries with annual sales of over EUR 21 billion. Sodexo's model stems from operating on-premise catering facilities, rather than centralised industrial kitchens. While food services remains the largest business segment (58% of revenue in 2022), the company has actively pursued a strategy of diversifying its business activities into other areas, such as facilities-management services, which now represents 38% of group revenue.

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