Depa (DFM:DEPA) Inventory Turnover : 9.34 (As of Dec. 2023)

View and export this data going back to 2010. Start your Free Trial

What is Depa 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. Depa's Cost of Goods Sold for the six months ended in Dec. 2023 was د.إ366 Mil. Depa's Average Total Inventories for the quarter that ended in Dec. 2023 was د.إ39 Mil. Depa's Inventory Turnover for the quarter that ended in Dec. 2023 was 9.34.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Depa's Days Inventory for the six months ended in Dec. 2023 was 19.54.

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. Depa's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.06.

Depa Inventory Turnover Historical Data

The historical data trend for Depa'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.

Depa Inventory Turnover Chart

Depa Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

18.03

22.67

23.26

14.77

17.77

Depa 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															7.35	6.24	8.06	7.46	9.34

Depa Inventory Turnover Calculation

Depa'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 )
=	656.7	/ (	(36.8	+	37.1)	/	2 )
=	656.7	/	36.95
=	17.77

Depa'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 )
=	365.6	/ (	(41.2	+	37.1)	/	2 )
=	365.6	/	39.15
=	9.34

Depa (DFM:DEPA) 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.

Depa'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
	=	39.15	/	365.6	*	365 / 2
	=	19.54

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.

Depa'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 )
	=	39.15	/	629.4
	=	0.06

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.

Depa Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Depa's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Depa (DFM:DEPA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Depa PLC (DFM:DEPA) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

35th Floor, Depa Group, Vision Tower, P O Box 56338, Dubai, ARE

Website

https://www.depa.com

Depa PLC is a United Arab Emirates-based company that operates as an interior contractor. The company includes projects such as hospitality, commercial, social, infrastructure, economic infrastructure, yachts and marine, high-rise and low-rise residential, and aircraft projects. In addition, the Company also provides manufactured products and procurement services, with a primary focus on customized furniture, fixtures, and equipment. The company operates through Design Studio, Vedder, Depa Interiors, Deco Group, and Investments and Other segments. The company's geographical segments include the Middle East, Europe, Asia, North America and others.

Depa (DFM:DEPA) Headlines

No Headlines