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AFGYF (AFC Energy) Inventory Turnover : 2.50 (As of Oct. 2024)


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What is AFC Energy 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. AFC Energy's Cost of Goods Sold for the six months ended in Oct. 2024 was $6.97 Mil. AFC Energy's Average Total Inventories for the quarter that ended in Oct. 2024 was $2.79 Mil. AFC Energy's Inventory Turnover for the quarter that ended in Oct. 2024 was 2.50.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. AFC Energy's Days Inventory for the six months ended in Oct. 2024 was 72.98.

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. AFC Energy's Inventory-to-Revenue for the quarter that ended in Oct. 2024 was 0.59.

AFC Energy Inventory Turnover Historical Data

The historical data trend for AFC Energy'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.

AFC Energy Inventory Turnover Chart

AFC Energy Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1.29 1.11 2.69 5.55

AFC Energy Semi-Annual Data
Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24
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 0.54 3.96 1.17 0.40 2.50

AFC Energy Inventory Turnover Calculation

AFC Energy's Inventory Turnover for the fiscal year that ended in Oct. 2024 is calculated as

Inventory Turnover (A: Oct. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Oct. 2024 ) / ((Total Inventories (A: Oct. 2023 ) + Total Inventories (A: Oct. 2024 )) / count )
=7.651 / ((0.217 + 2.54) / 2 )
=7.651 / 1.3785
=5.55

AFC Energy's Inventory Turnover for the quarter that ended in Oct. 2024 is calculated as

Inventory Turnover (Q: Oct. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Oct. 2024 ) / ((Total Inventories (Q: Apr. 2024 ) + Total Inventories (Q: Oct. 2024 )) / count )
=6.969 / ((3.034 + 2.54) / 2 )
=6.969 / 2.787
=2.50

* 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.

AFC Energy  (OTCPK:AFGYF) 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.

AFC Energy's Days Inventory for the six months ended in Oct. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Oct. 2024 )/Cost of Goods Sold (Q: Oct. 2024 )*Days in Period
=2.787/6.969*365 / 2
=72.98

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.

AFC Energy's Inventory to Revenue for the quarter that ended in Oct. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Oct. 2024 ) / Revenue (Q: Oct. 2024 )
=2.787 / 4.686
=0.59

* 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.

AFC Energy Inventory Turnover Related Terms

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AFC Energy Business Description

Industry
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Traded in Other Exchanges
AFC:UK QC8:Germany
Address
Unit 71.4 Dunsfold Park, Stovolds Hill, Cranleigh, Surrey, GBR, GU6 8TB
Website
https://www.afcenergy.com
AFC Energy PLC is a provider of hydrogen fuel cell power systems to generate clean energy in support of the energy transition. The company's scalable systems provide off-grid, zero-emission power that is already being deployed for rapid electric vehicle charging and the replacement of diesel generators for temporary power applications. it is also working with its partners in the deployment of products for the Maritime, Ports, Data Centers, and Rail industries, emphasizing the central role of its technology in the decarbonization of industry.