ALBA SE (HAM:ABA) Inventory Turnover : 4.83 (As of Dec. 2023)

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What is ALBA SE 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. ALBA SE's Cost of Goods Sold for the six months ended in Dec. 2023 was €111.8 Mil. ALBA SE's Average Total Inventories for the quarter that ended in Dec. 2023 was €23.1 Mil. ALBA SE's Inventory Turnover for the quarter that ended in Dec. 2023 was 4.83.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. ALBA SE's Days Inventory for the six months ended in Dec. 2023 was 37.76.

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. ALBA SE's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.17.

ALBA SE Inventory Turnover Historical Data

The historical data trend for ALBA SE'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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ALBA SE Inventory Turnover Chart

ALBA SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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14.08

12.41

15.40

14.49

11.54

ALBA SE Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															7.19	8.34	5.65	6.22	4.83

ALBA SE Inventory Turnover Calculation

ALBA SE'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 )
=	253.758	/ (	(21.663	+	22.331)	/	2 )
=	253.758	/	21.997
=	11.54

ALBA SE'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: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	111.83	/ (	(23.947	+	22.331)	/	2 )
=	111.83	/	23.139
=	4.83

ALBA SE (HAM:ABA) 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.

ALBA SE's Days Inventory for the six 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
	=	23.139	/	111.83	*	365 / 2
	=	37.76

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.

ALBA SE'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 )
	=	23.139	/	138.025
	=	0.17

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.

ALBA SE Inventory Turnover Related Terms

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ALBA SE (HAM:ABA) Business Description

Industry

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Traded in Other Exchanges

ABA:Germany

Address

Stollwerckstraße 9a, Cologne, DEU, 51149

Website

http://www.alba-se.com

ALBA SE is a German based holding company providing environmental services. Its activities are divided into two segments including Steel & Metals Recycling segment and Services segment. The Steel and Metals Recycling segment comprises all of the company's subsidiaries that undertake to recycle of steel and metals activities. The Services segment comprises activities, such as take-back of transport packaging, sales packaging and used paper bags, as well as recovery of waste electrical and electronic equipment. A major part of revenue comes from Steel and Metals segment. It operates in Germany, European countries and Non-European countries, Germany being the country with highest sales.

ALBA SE (HAM:ABA) Headlines

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