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Carbon Revolution (ASX:CBR) Inventory Turnover : 1.37 (As of Jun. 2023)


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What is Carbon Revolution 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. Carbon Revolution's Cost of Goods Sold for the six months ended in Jun. 2023 was A$29.51 Mil. Carbon Revolution's Average Total Inventories for the quarter that ended in Jun. 2023 was A$21.46 Mil. Carbon Revolution's Inventory Turnover for the quarter that ended in Jun. 2023 was 1.37.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Carbon Revolution's Days Inventory for the six months ended in Jun. 2023 was 132.75.

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. Carbon Revolution's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 1.06.

Carbon Revolution Inventory Turnover Historical Data

The historical data trend for Carbon Revolution'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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Carbon Revolution Inventory Turnover Chart

Carbon Revolution Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
Inventory Turnover
- 2.69 2.14 3.00 2.60

Carbon Revolution Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Inventory Turnover Get a 7-Day Free Trial 1.15 1.32 1.58 1.25 1.37

Carbon Revolution Inventory Turnover Calculation

Carbon Revolution's Inventory Turnover for the fiscal year that ended in Jun. 2023 is calculated as

Inventory Turnover (A: Jun. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jun. 2023 ) / ((Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count )
=55.094 / ((20.164 + 22.173) / 2 )
=55.094 / 21.1685
=2.60

Carbon Revolution's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover (Q: Jun. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2023 ) / ((Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Jun. 2023 )) / count )
=29.508 / ((20.754 + 22.173) / 2 )
=29.508 / 21.4635
=1.37

* 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.

Carbon Revolution  (ASX:CBR) 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.

Carbon Revolution's Days Inventory for the six months ended in Jun. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2023 )/Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=21.4635/29.508*365 / 2
=132.75

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.

Carbon Revolution's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=21.4635 / 20.251
=1.06

* 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.

Carbon Revolution Inventory Turnover Related Terms

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Carbon Revolution (ASX:CBR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Carbon Revolution Ltd (ASX:CBR) » Definitions » Inventory Turnover
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Traded in Other Exchanges
N/A
Address
75 Pigdons Road, Geelong Technology Precinct, Building NR, Waurn Ponds, Geelong, VIC, AUS, 3216
Website
https://www.carbonrev.com
Carbon Revolution Ltd is a company engaged in the manufacture and sale of carbon fibre wheels and research and development projects related to carbon fibre wheel technology. Geographically, the group has a business presence in Australia and other international countries, of which key revenue is derived from the international countries. It offers products to the global automotive industry.

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