Belysse Group NV (XBRU:BELYS) Inventory Turnover : 1.07 (As of Dec. 2023)

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What is Belysse Group NV 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. Belysse Group NV's Cost of Goods Sold for the six months ended in Dec. 2023 was €62.6 Mil. Belysse Group NV's Average Total Inventories for the quarter that ended in Dec. 2023 was €58.3 Mil. Belysse Group NV's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.07.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Belysse Group NV's Days Inventory for the six months ended in Dec. 2023 was 170.01.

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. Belysse Group NV's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.40.

Belysse Group NV Inventory Turnover Historical Data

The historical data trend for Belysse Group NV'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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Belysse Group NV Inventory Turnover Chart

Belysse Group NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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2.07

0.72

1.12

2.19

2.11

Belysse Group NV Semi-Annual Data
	Dec12	Dec13	Dec14	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															0.52	0.97	1.03	1.03	1.07

Belysse Group NV Inventory Turnover Calculation

Belysse Group NV'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 )
=	135.192	/ (	(76.177	+	52.257)	/	2 )
=	135.192	/	64.217
=	2.11

Belysse Group NV'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 )
=	62.626	/ (	(64.423	+	52.257)	/	2 )
=	62.626	/	58.34
=	1.07

Belysse Group NV (XBRU:BELYS) 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.

Belysse Group NV'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
	=	58.34	/	62.626	*	365 / 2
	=	170.01

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.

Belysse Group NV'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 )
	=	58.34	/	145.313
	=	0.40

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.

Belysse Group NV Inventory Turnover Related Terms

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Belysse Group NV (XBRU:BELYS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Belysse Group NV (XBRU:BELYS) » Definitions » Inventory Turnover

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Traded in Other Exchanges

BDB:Germany

Address

Franklin Rooseveltlaan 172-174, Waregem, BEL, 8790

Website

https://www.belysse.com

Belysse Group NV operates its business in four segments. The rugs segment includes woven and tufted area rugs, under the Balta home brand. The residential segment includes wall-to-wall carpet and carpet tiles for private use, through the brands Balta carpets, ITC, and Balta carpet tiles. The commercial segment includes wall-to-wall carpet and carpet tiles for commercial use under the brands' arc edition, Bentley, and Modulyss. The non-Woven segment includes needle felt, carpet backing, and technical non-wovens under the Captiqs brand. The company's geographical segments are Europe, North America, and the Rest of the World.

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