Campine NV (XBRU:CAMB) Inventory Turnover : 2.11 (As of Dec. 2023)

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What is Campine 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. Campine NV's Cost of Goods Sold for the six months ended in Dec. 2023 was €119.4 Mil. Campine NV's Average Total Inventories for the quarter that ended in Dec. 2023 was €56.5 Mil. Campine NV's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.11.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Campine NV's Days Inventory for the six months ended in Dec. 2023 was 86.40.

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. Campine NV's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.38.

Campine NV Inventory Turnover Historical Data

The historical data trend for Campine 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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Campine NV Inventory Turnover Chart

Campine NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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5.90

5.22

4.86

5.38

4.87

Campine NV Semi-Annual Data
	Jun14	Dec14	Jun15	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															2.31	2.56	2.55	2.42	2.11

Campine NV Inventory Turnover Calculation

Campine 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 )
=	255.141	/ (	(52.036	+	52.801)	/	2 )
=	255.141	/	52.4185
=	4.87

Campine 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 )
=	119.399	/ (	(60.254	+	52.801)	/	2 )
=	119.399	/	56.5275
=	2.11

Campine NV (XBRU:CAMB) 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.

Campine 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
	=	56.5275	/	119.399	*	365 / 2
	=	86.40

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.

Campine 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 )
	=	56.5275	/	149.209
	=	0.38

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.

Campine NV Inventory Turnover Related Terms

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Campine NV (XBRU:CAMB) Business Description

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Address

Nijverheidsstraat 2, Beerse, BEL, 2340

Website

https://www.campine.com

Campine NV is engaged in fire retardancy and concentrates, masterbatches for plastics, PET catalyst, and lead recycling. The company has two operating segments namely Specialty Chemicals and Circular Metals. The Main activities of Specialty chemicals which hosts all businesses which serve end-markets with chemical products and derivates. The Specialty Chemicals division comprises the business units (BU's) BU Antimony trioxide, BU FR Masterbatches and BU recycled Polymers. Circular Metals hosts the businesses in which metals are being recovered from industrial and postconsumer waste streams. The main activity is the manufacturing of lead alloys. It generates maximum revenue from the Circular Metals segment. Geographically, its manufacturing operations are located in Belgium.

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