Viohalco (XBRU:VIO) Inventory Turnover : -0.26 (As of Dec. 2023)

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What is Viohalco 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. Viohalco's Cost of Goods Sold for the three months ended in Dec. 2023 was €-414 Mil. Viohalco's Average Total Inventories for the quarter that ended in Dec. 2023 was €1,610 Mil. Viohalco's Inventory Turnover for the quarter that ended in Dec. 2023 was -0.26.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

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.

Viohalco Inventory Turnover Historical Data

The historical data trend for Viohalco'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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Viohalco Inventory Turnover Chart

Viohalco Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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3.50

3.28

3.76

3.67

3.25

Viohalco Quarterly Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															0.08	-0.25	-	0.07	-0.26

Viohalco Inventory Turnover Calculation

Viohalco'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 )
=	5723.09	/ (	(1914.098	+	1610.467)	/	2 )
=	5723.09	/	1762.2825
=	3.25

Viohalco'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: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	-413.643	/ (	(0	+	1610.467)	/	1 )
=	-413.643	/	1610.467
=	-0.26

Viohalco (XBRU:VIO) 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.

Viohalco's Days Inventory for the three 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
	=	1610.467	/	-413.643	*	365 / 4
	=

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.

Viohalco'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 )
	=	1610.467	/	0
	=

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.

Viohalco Inventory Turnover Related Terms

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Viohalco (XBRU:VIO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Viohalco SA (XBRU:VIO) » Definitions » Inventory Turnover

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VIO:Greece VHC:Germany

Address

30 Marnix Avenue, Brussels, BEL, 1000

Website

https://www.viohalco.com

Viohalco SA is a metal processing company manufacturing aluminum, copper, cables, steel, and steel pipes products. Its segments consist of Aluminum, Copper, Cables, Steel, Steel pipes, Real estate, and R&D&I &Technology. The company's products are used across various industries, including building & construction, packaging, transportation, energy & power networks, water supply, telecommunications, printing, and numerous other industrial applications. The company's geographical segments are Greece, European Union, Other European countries, Asia, America, Africa, and Oceania, the majority is from the European Union.

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