Sonae SGPS (FRA:YSON) Inventory Turnover : 1.83 (As of Sep. 2024)

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What is Sonae SGPS 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. Sonae SGPS's Cost of Goods Sold for the three months ended in Sep. 2024 was €1,873 Mil. Sonae SGPS's Average Total Inventories for the quarter that ended in Sep. 2024 was €1,023 Mil. Sonae SGPS's Inventory Turnover for the quarter that ended in Sep. 2024 was 1.83.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sonae SGPS's Days Inventory for the three months ended in Sep. 2024 was 49.84.

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. Sonae SGPS's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.38.

Sonae SGPS Inventory Turnover Historical Data

The historical data trend for Sonae SGPS'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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Sonae SGPS Inventory Turnover Chart

Sonae SGPS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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6.48

7.07

7.50

7.75

7.58

Sonae SGPS Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Inventory Turnover	Get a 7-Day Free Trial															1.97	2.00	1.77	1.76	1.83

Sonae SGPS Inventory Turnover Calculation

Sonae SGPS'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 )
=	5784.293	/ (	(727.232	+	798.646)	/	2 )
=	5784.293	/	762.939
=	7.58

Sonae SGPS'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: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	1873.275	/ (	(872.327	+	1173.854)	/	2 )
=	1873.275	/	1023.0905
=	1.83

Sonae SGPS (FRA:YSON) 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.

Sonae SGPS's Days Inventory for the three 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
	=	1023.0905	/	1873.275	*	365 / 4
	=	49.84

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.

Sonae SGPS'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 )
	=	1023.0905	/	2699.173
	=	0.38

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.

Sonae SGPS Inventory Turnover Related Terms

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Sonae SGPS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Sonae SGPS SA (FRA:YSON) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

SON:Portugal SONu:UK 0ML0:UK YSON:Germany

Address

Lugar do Espido, Via Norte, Apartado 1011, Maia, PRT, 4470-909

Website

https://www.sonae.pt

Sonae SGPS SA is a retail company that manages a variety of business portfolios, including food, sports goods, clothing & apparel, financial services, electronics, technology, and telecommunication. The company's business is divided into eight segments based on the business offerings: Sonae MC, Worten, Sonae Fashion, Iberian Sports Retail Group, Sonae FS, Sonae IM, Sonae Sierra, and NOS. The Sonae MC business segment, which generates most of the company's revenue, is the company's food retail unit and operates restaurants, supermarkets, and convenience stores, among others. The company operates globally but earns most of its revenue in Portugal.

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