Expro Group Holdings NV (FRA:FK2) Inventory Turnover : 2.14 (As of Mar. 2025)

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What is Expro Group Holdings NV 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. Expro Group Holdings NV's Cost of Goods Sold for the three months ended in Mar. 2025 was €325 Mil. Expro Group Holdings NV's Average Total Inventories for the quarter that ended in Mar. 2025 was €152 Mil. Expro Group Holdings NV's Inventory Turnover for the quarter that ended in Mar. 2025 was 2.14.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Expro Group Holdings NV's Days Inventory for the three months ended in Mar. 2025 was 42.68.

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. Expro Group Holdings NV's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.42.

Expro Group Holdings NV Inventory Turnover Historical Data

The historical data trend for Expro Group Holdings NV'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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Expro Group Holdings NV Inventory Turnover Chart

Expro Group Holdings NV Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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12.75

9.45

8.83

9.37

10.09

Expro Group Holdings NV Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Inventory Turnover	Get a 7-Day Free Trial													2.27	2.44	2.09	2.25	2.14

Expro Group Holdings NV Inventory Turnover Calculation

Expro Group Holdings NV's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Inventory Turnover (A: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2024 )	/ (	(Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )
=	1429.476	/ (	(131.429	+	151.883)	/	2 )
=	1429.476	/	141.656
=	10.09

Expro Group Holdings NV's Inventory Turnover for the quarter that ended in Mar. 2025 is calculated as

	Inventory Turnover (Q: Mar. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2025 )	/ (	(Total Inventories (Q: Dec. 2024 )	+	Total Inventories (Q: Mar. 2025 ))	/	count )
=	324.595	/ (	(151.883	+	151.761)	/	2 )
=	324.595	/	151.822
=	2.14

Expro Group Holdings NV (FRA:FK2) 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.

Expro Group Holdings NV's Days Inventory for the three months ended in Mar. 2025 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2025 )	/	Cost of Goods Sold (Q: Mar. 2025 )	*	Days in Period
	=	151.822	/	324.595	*	365 / 4
	=	42.68

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.

Expro Group Holdings NV's Inventory to Revenue for the quarter that ended in Mar. 2025 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2025 )	/	Revenue (Q: Mar. 2025 )
	=	151.822	/	361.557
	=	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.

Expro Group Holdings NV Inventory Turnover Related Terms

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Expro Group Holdings NV Business Description

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XPRO:USA

Address

1311 Broadfield Boulevard, Suite 400, Houston, TX, USA, 77084

Website

https://www.expro.com

Expro Group Holdings NV offers products and services that span the well life cycle, including well construction, well flow management, well intervention and integrity, and subsea well access. It maintains operations around the world and specializes in offshore production solutions. It also provides production optimization for both onshore and offshore applications. The company has four operating segments: North and Latin America (NLA); Europe and Sub-Saharan Africa (ESSA); Middle East and North Africa (MENA), and Asia-Pacific (APAC). The majority of its revenue is derived from North and Latin America (NLA) segment.

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