Unit4 NV (FRA:UNT) Inventory Turnover : 61.73 (As of Dec. 2013)

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What is Unit4 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. Unit4 NV's Cost of Goods Sold for the six months ended in Dec. 2013 was €35.9 Mil. Unit4 NV's Average Total Inventories for the quarter that ended in Dec. 2013 was €0.6 Mil. Unit4 NV's Inventory Turnover for the quarter that ended in Dec. 2013 was 61.73.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Unit4 NV's Days Inventory for the six months ended in Dec. 2013 was 2.96.

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. Unit4 NV's Inventory-to-Revenue for the quarter that ended in Dec. 2013 was 0.00.

Unit4 NV Inventory Turnover Historical Data

The historical data trend for Unit4 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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Unit4 NV Inventory Turnover Chart

Unit4 NV Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Inventory Turnover

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73.50

17.47

16.24

45.86

61.73

Unit4 NV Semi-Annual Data
	Dec02	Dec03	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13
Inventory Turnover	Get a 7-Day Free Trial							73.50	17.47	16.24	45.86	61.73

Unit4 NV Inventory Turnover Calculation

Unit4 NV's Inventory Turnover for the fiscal year that ended in Dec. 2013 is calculated as

	Inventory Turnover (A: Dec. 2013 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2013 )	/ (	(Total Inventories (A: Dec. 2012 )	+	Total Inventories (A: Dec. 2013 ))	/	count )
=	35.865	/ (	(0.642	+	0.52)	/	2 )
=	35.865	/	0.581
=	61.73

Unit4 NV's Inventory Turnover for the quarter that ended in Dec. 2013 is calculated as

	Inventory Turnover (Q: Dec. 2013 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2013 )	/ (	(Total Inventories (Q: Dec. 2012 )	+	Total Inventories (Q: Dec. 2013 ))	/	count )
=	35.865	/ (	(0.642	+	0.52)	/	2 )
=	35.865	/	0.581
=	61.73

Unit4 NV (FRA:UNT) 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.

Unit4 NV's Days Inventory for the six months ended in Dec. 2013 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2013 )	/	Cost of Goods Sold (Q: Dec. 2013 )	*	Days in Period
	=	0.581	/	35.865	*	365 / 2
	=	2.96

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.

Unit4 NV's Inventory to Revenue for the quarter that ended in Dec. 2013 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2013 )	/	Revenue (Q: Dec. 2013 )
	=	0.581	/	490.487
	=	0.00

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.

Unit4 NV Inventory Turnover Related Terms

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Unit4 NV (FRA:UNT) Business Description

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Website

http://www.unit4.com

Unit4 NV was founded on 1980. The Company is a cloud business software and services company that helps dynamic public sector and commercial services organizations to embrace change simply, quickly and cost effectively in a market sector that call 'Businesses Living IN Change' (BLINC). The Group incorporates a number of change embracing software brands, including UNIT4 Agresso, our flagship ERP suite for mid-sized services intensive organizations. The Company's UNIT4 Coda, best-of-class financial management software; and FinancialForce.com, the cloud enterprise applications company formed with investment from salesforce.com. Its software products and services are designed to meet the needs of an ever changing business. The Company has about 300 customers with about 80,000 active users and local installations in around 20 countries.

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