Cohort (FRA:C7K) Inventory Turnover : 1.93 (As of Oct. 2023)

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What is Cohort 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. Cohort's Cost of Goods Sold for the six months ended in Oct. 2023 was €72.8 Mil. Cohort's Average Total Inventories for the quarter that ended in Oct. 2023 was €37.7 Mil. Cohort's Inventory Turnover for the quarter that ended in Oct. 2023 was 1.93.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Cohort's Days Inventory for the six months ended in Oct. 2023 was 94.47.

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. Cohort's Inventory-to-Revenue for the quarter that ended in Oct. 2023 was 0.35.

Cohort Inventory Turnover Historical Data

The historical data trend for Cohort'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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Cohort Inventory Turnover Chart

Cohort Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Inventory Turnover

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8.11

6.37

7.43

4.61

4.20

Cohort Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Inventory Turnover	Get a 7-Day Free Trial															2.70	2.18	2.29	2.35	1.93

Cohort Inventory Turnover Calculation

Cohort's Inventory Turnover for the fiscal year that ended in Apr. 2023 is calculated as

	Inventory Turnover (A: Apr. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Apr. 2023 )	/ (	(Total Inventories (A: Apr. 2022 )	+	Total Inventories (A: Apr. 2023 ))	/	count )
=	133.85	/ (	(27.285	+	36.39)	/	2 )
=	133.85	/	31.8375
=	4.20

Cohort's Inventory Turnover for the quarter that ended in Oct. 2023 is calculated as

	Inventory Turnover (Q: Oct. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Oct. 2023 )	/ (	(Total Inventories (Q: Apr. 2023 )	+	Total Inventories (Q: Oct. 2023 ))	/	count )
=	72.846	/ (	(36.39	+	39.023)	/	2 )
=	72.846	/	37.7065
=	1.93

Cohort (FRA:C7K) 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.

Cohort's Days Inventory for the six months ended in Oct. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Oct. 2023 )	/	Cost of Goods Sold (Q: Oct. 2023 )	*	Days in Period
	=	37.7065	/	72.846	*	365 / 2
	=	94.47

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.

Cohort's Inventory to Revenue for the quarter that ended in Oct. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Oct. 2023 )	/	Revenue (Q: Oct. 2023 )
	=	37.7065	/	108.777
	=	0.35

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.

Cohort Inventory Turnover Related Terms

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Cohort (FRA:C7K) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Cohort PLC (FRA:C7K) » Definitions » Inventory Turnover

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CHRT:UK

Address

One Waterside Drive, Arlington Business Park, Theale, Reading, GBR, RG7 4SW

Website

https://www.cohortplc.com

Cohort PLC is a holding company. It is engaged in providing services to customers in defense, security, and related markets. The company's operating segments include Chess; EID; ELAC; MASS; MCL and SEA. It generates maximum revenue from the MASS segment. Geographically, it derives the majority of its revenue from the UK and has a presence in Portugal and other EC countries including NATO, Asia Pacific, Africa, and North and South America. The company earns the majority of its revenue from market segment C4ISTAR followed by Combat systems and Cybersecurity and secure networks.

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