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Solutions 30 SE (XPAR:S30) Inventory Turnover : 7.99 (As of Dec. 2023)


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What is Solutions 30 SE 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. Solutions 30 SE's Cost of Goods Sold for the six months ended in Dec. 2023 was €210 Mil. Solutions 30 SE's Average Total Inventories for the quarter that ended in Dec. 2023 was €26 Mil. Solutions 30 SE's Inventory Turnover for the quarter that ended in Dec. 2023 was 7.99.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Solutions 30 SE's Days Inventory for the six months ended in Dec. 2023 was 22.84.

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. Solutions 30 SE's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.05.


Solutions 30 SE Inventory Turnover Historical Data

The historical data trend for Solutions 30 SE'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.

Solutions 30 SE Inventory Turnover Chart

Solutions 30 SE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.21 15.44 15.98 16.40 15.68

Solutions 30 SE 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 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 7.12 5.03 6.01 7.29 7.99

Solutions 30 SE Inventory Turnover Calculation

Solutions 30 SE'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 )
=400.7 / ((25.4 + 25.7) / 2 )
=400.7 / 25.55
=15.68

Solutions 30 SE'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 )
=210.135 / ((26.908 + 25.7) / 2 )
=210.135 / 26.304
=7.99

* 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.


Solutions 30 SE  (XPAR:S30) 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.

Solutions 30 SE'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
=26.304/210.135*365 / 2
=22.84

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.

Solutions 30 SE'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 )
=26.304 / 537.854
=0.05

* 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.


Solutions 30 SE Inventory Turnover Related Terms

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Solutions 30 SE (XPAR:S30) Business Description

Traded in Other Exchanges
Address
3, Rue de la Reine, Luxembourg, LUX, L-2418
Solutions 30 SE is engaged in the provision of support services for digital technologies. The company is engaged in computer and digital equipment installation, assistance, and training services; installation and maintenance of meters and transmitter boxes, and installation and setup of digital multimedia equipment services. The activity is organized into three sectors: AI-telecom: computer and digital equipment installation, assistance, and training services; Energy: installation and maintenance of meters and transmitter boxes (electricity, water, and gas); Audiovisual: installation and setup of digital multimedia equipment, troubleshooting, and training services. Geographically, it derives a majority of its revenue from France.

Solutions 30 SE (XPAR:S30) Headlines

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