discoverIE Group (FRA:9A5) Inventory Turnover : 0.00 (As of Sep. 2024)

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What is discoverIE Group 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. discoverIE Group's Cost of Goods Sold for the six months ended in Sep. 2024 was €0.0 Mil. discoverIE Group's Average Total Inventories for the quarter that ended in Sep. 2024 was €93.7 Mil. discoverIE Group's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

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. discoverIE Group's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.37.

discoverIE Group Inventory Turnover Historical Data

The historical data trend for discoverIE Group'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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discoverIE Group Inventory Turnover Chart

discoverIE Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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4.51

2.81

3.24

3.25

3.11

discoverIE Group Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	3.05	-

discoverIE Group Inventory Turnover Calculation

discoverIE Group's Inventory Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Inventory Turnover (A: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2024 )	/ (	(Total Inventories (A: Mar. 2023 )	+	Total Inventories (A: Mar. 2024 ))	/	count )
=	303.939	/ (	(102.015	+	93.637)	/	2 )
=	303.939	/	97.826
=	3.11

discoverIE Group's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

	Inventory Turnover (Q: Sep. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2024 )	/ (	(Total Inventories (Q: Mar. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	0	/ (	(93.637	+	93.795)	/	2 )
=	0	/	93.716
=	0.00

discoverIE Group (FRA:9A5) 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.

discoverIE Group's Days Inventory for the six months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	93.716	/	0	*	365 / 2
	=

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.

discoverIE Group's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	93.716	/	251.589
	=	0.37

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.

discoverIE Group Inventory Turnover Related Terms

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discoverIE Group Business Description

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Address

2 Chancellor Court, Occam Road, Surrey Research Park, Guildford, Surrey, GBR, GU2 7AH

Website

https://www.discoverieplc.com

discoverIE Group PLC is a United Kingdom-based electronics manufacturing company. The company designs, manufactures, and distributes customer-specific electronic components and solutions. The company's segment includes the Magnetics and Controls division (M&C) and the Sensing and Connectivity division (S&C). The company generates maximum revenue from the M&C segment. Geographically, the company operates in the UK, Europe, North America, Asia, and the Rest of the world.

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