Sopra Steria Group (XPAR:SOP) Inventory Turnover : 49.00 (As of Dec. 2023)

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What is Sopra Steria Group 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. Sopra Steria Group's Cost of Goods Sold for the six months ended in Dec. 2023 was €2,558 Mil. Sopra Steria Group's Average Total Inventories for the quarter that ended in Dec. 2023 was €52 Mil. Sopra Steria Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 49.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sopra Steria Group's Days Inventory for the six months ended in Dec. 2023 was 3.72.

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. Sopra Steria Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.02.

Sopra Steria Group Inventory Turnover Historical Data

The historical data trend for Sopra Steria Group'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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Sopra Steria Group Inventory Turnover Chart

Sopra Steria Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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154.57

100.80

92.50

98.50

102.51

Sopra Steria Group 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															45.64	50.45	48.09	53.80	49.00

Sopra Steria Group Inventory Turnover Calculation

Sopra Steria Group'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 )
=	5048.8	/ (	(46.3	+	52.2)	/	2 )
=	5048.8	/	49.25
=	102.51

Sopra Steria Group'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 )
=	2557.8	/ (	(0	+	52.2)	/	1 )
=	2557.8	/	52.2
=	49.00

Sopra Steria Group (XPAR:SOP) 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.

Sopra Steria Group'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
	=	52.2	/	2557.8	*	365 / 2
	=	3.72

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.

Sopra Steria Group'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 )
	=	52.2	/	2965.2
	=	0.02

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.

Sopra Steria Group Inventory Turnover Related Terms

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Sopra Steria Group (XPAR:SOP) Business Description

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Traded in Other Exchanges

SPPSY:USA SOPp:UK 0NJQ:UK OR8:Germany

Address

9 bis, rue de Presbourg, Paris, FRA, 75116

Website

http://www.sopragroup.com

Sopra Steria Group SA is a digital transformation company. It guides businesses through conversion projects, from the development phase to implementation phase. The firm provides end to end services in the fields of consulting, systems integration, software development, infrastructure management and business process services. It's target markets are financial services, insurance and social welfare, public sector, telecom operators, aerospace and defense, retail and energy sectors. Its geographic segments are France, United Kingdom, Spain, Italy, and Belgium. The company derives the majority of its revenues from France.