Enensys Technologies (FRA:20U) Inventory Turnover : 0.60 (As of Jun. 2024)

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What is Enensys 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. Enensys Technologies's Cost of Goods Sold for the six months ended in Jun. 2024 was €1.92 Mil. Enensys Technologies's Average Total Inventories for the quarter that ended in Jun. 2024 was €3.18 Mil. Enensys Technologies's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.60.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Enensys Technologies's Days Inventory for the six months ended in Jun. 2024 was 302.24.

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. Enensys Technologies's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.42.

Enensys Technologies Inventory Turnover Historical Data

The historical data trend for Enensys 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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Enensys Technologies Inventory Turnover Chart

Enensys Technologies Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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0.77

0.84

1.22

1.19

0.81

Enensys Technologies Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Inventory Turnover	Get a 7-Day Free Trial											0.53	0.60	0.36	0.41	0.60

Enensys Technologies Inventory Turnover Calculation

Enensys Technologies'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 )
=	2.628	/ (	(3.091	+	3.435)	/	2 )
=	2.628	/	3.263
=	0.81

Enensys Technologies's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

	Inventory Turnover (Q: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )
=	1.922	/ (	(3.435	+	2.931)	/	2 )
=	1.922	/	3.183
=	0.60

Enensys Technologies (FRA:20U) 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.

Enensys Technologies's Days Inventory for the six months ended in Jun. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2024 )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
	=	3.183	/	1.922	*	365 / 2
	=	302.24

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.

Enensys Technologies's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	3.183	/	7.577
	=	0.42

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.

Enensys Technologies Inventory Turnover Related Terms

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Enensys Technologies Business Description

Industry

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ALNN6:France 20U:Germany

Address

6 rue de la Carriere, CS 37734, Cesson-Sevigne, FRA, 35510

Website

https://www.enensys-group.com

Enensys Technologies SA designs and manufactures professional equipment and software enabling Efficient Video Delivery over Broadcast & Telecom Networks. The company's products include broadcast networks, and telecom networks.

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