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Zwack Unicum (FRA:ZWC1) Inventory Turnover : 0.98 (As of Dec. 2023)


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What is Zwack Unicum 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. Zwack Unicum's Cost of Goods Sold for the three months ended in Dec. 2023 was €9.37 Mil. Zwack Unicum's Average Total Inventories for the quarter that ended in Dec. 2023 was €9.61 Mil. Zwack Unicum's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.98.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Zwack Unicum's Days Inventory for the three months ended in Dec. 2023 was 93.51.

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. Zwack Unicum's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.42.


Zwack Unicum Inventory Turnover Historical Data

The historical data trend for Zwack Unicum'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.

* Premium members only.

Zwack Unicum Inventory Turnover Chart

Zwack Unicum Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.50 2.10 1.89 2.21 2.22

Zwack Unicum Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.67 0.29 0.49 0.45 0.98

Zwack Unicum Inventory Turnover Calculation

Zwack Unicum's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Inventory Turnover (A: Mar. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2023 ) / ((Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count )
=22.344 / ((8.244 + 11.859) / 2 )
=22.344 / 10.0515
=2.22

Zwack Unicum's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover (Q: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2023 ) / ((Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count )
=9.373 / ((11.623 + 7.587) / 2 )
=9.373 / 9.605
=0.98

* 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.


Zwack Unicum  (FRA:ZWC1) 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.

Zwack Unicum's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=9.605/9.373*365 / 4
=93.51

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.

Zwack Unicum's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=9.605 / 22.82
=0.42

* 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.


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.


Zwack Unicum Inventory Turnover Related Terms

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Zwack Unicum (FRA:ZWC1) Business Description

Traded in Other Exchanges
Address
26 Soroksari ut, Budapest, HUN, 1095
Zwack Unicum PLC is a company that operates in the beverage business. The core activity of the company is the production of alcoholic drinks. In addition, it is also involved in the foreign trade and food wholesale division. Its products include wine, whiskey, liquor, vodka and other spirits under the Unicum and Unicum Plum, Futyulos, st. Hubertus, and Izabella Zwack Wine brand names. Geographically, it operates through the region of Hungary and its products are also made available in the region of Europe, USA and in other international markets.

Zwack Unicum (FRA:ZWC1) Headlines

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