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Vulcan Energy Resources (ASX:VUL) Inventory Turnover : 1.34 (As of Dec. 2024)


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What is Vulcan Energy Resources 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. Vulcan Energy Resources's Cost of Goods Sold for the six months ended in Dec. 2024 was A$0.32 Mil. Vulcan Energy Resources's Average Total Inventories for the quarter that ended in Dec. 2024 was A$0.24 Mil. Vulcan Energy Resources's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.34.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Vulcan Energy Resources's Days Inventory for the six months ended in Dec. 2024 was 136.45.

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. Vulcan Energy Resources's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.03.


Vulcan Energy Resources Inventory Turnover Historical Data

The historical data trend for Vulcan Energy Resources'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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Vulcan Energy Resources Inventory Turnover Chart

Vulcan Energy Resources Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Dec23 Dec24
Inventory Turnover
Get a 7-Day Free Trial - - 18.17 11.40 3.26

Vulcan Energy Resources Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.71 13.49 0.79 2.28 1.34

Vulcan Energy Resources Inventory Turnover Calculation

Vulcan Energy Resources's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Inventory Turnover (A: Dec. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2024 ) / ((Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count )
=1.24 / ((0.533 + 0.227) / 2 )
=1.24 / 0.38
=3.26

Vulcan Energy Resources's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover (Q: Dec. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2024 ) / ((Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count )
=0.323 / ((0.256 + 0.227) / 2 )
=0.323 / 0.2415
=1.34

* 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.


Vulcan Energy Resources  (ASX:VUL) 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.

Vulcan Energy Resources's Days Inventory for the six months ended in Dec. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=0.2415/0.323*365 / 2
=136.45

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.

Vulcan Energy Resources's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=0.2415 / 7.219
=0.03

* 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.


Vulcan Energy Resources Inventory Turnover Related Terms

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Vulcan Energy Resources Business Description

Traded in Other Exchanges
Address
1 Spring Street, Level 11, Perth, WA, AUS, 6000
Website
Vulcan Energy Resources Ltd is engaged in geothermal energy and lithium exploration and production in Europe. The company's Lionheart Project is an integrated lithium and renewable energy project that produces battery-quality lithium from naturally heated subsurface brine in the Upper Rhine Valley, to deliver a local source of sustainable lithium for the European battery industry, with a co-product of renewable energy for local heating needs. It has developed an aluminate-based sorbent, VULSORB, to produce lithium from subsurface brine and harnesses geothermal energy from its operations in the Upper Rhine Valley. The company has three operating segments based on geographical location: Germany, which derives maximum revenue, other European countries, and Australia.
Executives
Rob Ierace Chief Financial Officer
Vincent Ledoux Pedailles Chief Commercial Officer
Mark Skelton Member of the board of directors
Gavin Rezos Chairman of the Board of Directors
Josephine Rachel Bush Member of the board of directors

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