Performance Technologies (ATH:PERF) Inventory Turnover : 24.53 (As of Dec. 2024)

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What is Performance Technologies 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. Performance Technologies's Cost of Goods Sold for the six months ended in Dec. 2024 was €26.05 Mil. Performance Technologies's Average Total Inventories for the quarter that ended in Dec. 2024 was €1.06 Mil. Performance Technologies's Inventory Turnover for the quarter that ended in Dec. 2024 was 24.53.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Performance Technologies's Days Inventory for the six months ended in Dec. 2024 was 7.44.

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. Performance Technologies's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.03.

Performance Technologies Inventory Turnover Historical Data

The historical data trend for Performance Technologies'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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Performance Technologies Inventory Turnover Chart

Performance Technologies Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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76.28

104.05

77.50

80.18

82.77

Performance Technologies Semi-Annual Data
	Dec17	Dec18	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Inventory Turnover	Get a 7-Day Free Trial						33.54	16.79	23.44	27.13	24.53

Performance Technologies Inventory Turnover Calculation

Performance Technologies'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 )
=	50.946	/ (	(0.471	+	0.76)	/	2 )
=	50.946	/	0.6155
=	82.77

Performance Technologies'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 )
=	26.052	/ (	(1.364	+	0.76)	/	2 )
=	26.052	/	1.062
=	24.53

Performance Technologies (ATH:PERF) 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.

Performance Technologies'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
	=	1.062	/	26.052	*	365 / 2
	=	7.44

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.

Performance Technologies'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 )
	=	1.062	/	39.909
	=	0.03

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.

Performance Technologies Inventory Turnover Related Terms

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Performance Technologies Business Description

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Address

4 Evrimedontos Street, Ceramics, Athens, GRC, 10435

Website

http://www.performance.gr

Performance Technologies SA designs and delivers fast, flexible and dynamic IT architectures that align with the business needs and priorities. The company delivers IT solutions for Virtualization, Private and Public Cloud, Systems Infrastructure, Storage Systems, Backup Software, Security Solutions, Data Protection, Data Replication, Disaster Recovery, IT consolidation/transformation/re-platforming, IT Systems & Service Management, IT Automation, Enterprise Asset Management, Business Process Management, Mobile Device Management and Mobile Engagement.