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Winfarm (FRA:6WW) Inventory Turnover : 2.23 (As of Jun. 2024)


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What is Winfarm 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. Winfarm's Cost of Goods Sold for the six months ended in Jun. 2024 was €47.4 Mil. Winfarm's Average Total Inventories for the quarter that ended in Jun. 2024 was €21.3 Mil. Winfarm's Inventory Turnover for the quarter that ended in Jun. 2024 was 2.23.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Winfarm's Days Inventory for the six months ended in Jun. 2024 was 81.88.

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. Winfarm's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.30.


Winfarm Inventory Turnover Historical Data

The historical data trend for Winfarm'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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Winfarm Inventory Turnover Chart

Winfarm Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Inventory Turnover
Get a 7-Day Free Trial 5.73 5.25 5.00 4.44 -

Winfarm 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 2.34 2.24 1.99 2.23 -

Winfarm Inventory Turnover Calculation

Winfarm'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 )
=92.35 / ((20.75 + 20.889) / 2 )
=92.35 / 20.8195
=4.44

Winfarm'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 )
=47.385 / ((20.889 + 21.63) / 2 )
=47.385 / 21.2595
=2.23

* 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.


Winfarm  (FRA:6WW) 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.

Winfarm'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
=21.2595/47.385*365 / 2
=81.88

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.

Winfarm'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 )
=21.2595 / 69.976
=0.30

* 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.


Winfarm Inventory Turnover Related Terms

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Winfarm Business Description

Traded in Other Exchanges
Address
Zone Industrielle de Tres Le Bois, Loudeac, FRA, 22600
Winfarm is involved in the agribusiness business activity. It offers a range of consulting and distance selling services for equipment and solutions to breeders and the agricultural world.

Winfarm Headlines

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