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Alviva Holdings (JSE:AVV) Inventory Turnover : 4.17 (As of Jun. 2022)


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What is Alviva Holdings 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. Alviva Holdings's Cost of Goods Sold for the six months ended in Jun. 2022 was R10,146 Mil. Alviva Holdings's Average Total Inventories for the quarter that ended in Jun. 2022 was R2,436 Mil. Alviva Holdings's Inventory Turnover for the quarter that ended in Jun. 2022 was 4.17.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Alviva Holdings's Days Inventory for the six months ended in Jun. 2022 was 43.82.

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. Alviva Holdings's Inventory-to-Revenue for the quarter that ended in Jun. 2022 was 0.20.


Alviva Holdings Inventory Turnover Historical Data

The historical data trend for Alviva Holdings'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.

Alviva Holdings Inventory Turnover Chart

Alviva Holdings Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.71 14.71 10.92 10.38 11.30

Alviva Holdings Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
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 5.56 6.14 6.18 5.32 4.17

Alviva Holdings Inventory Turnover Calculation

Alviva Holdings's Inventory Turnover for the fiscal year that ended in Jun. 2022 is calculated as

Inventory Turnover (A: Jun. 2022 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jun. 2022 ) / ((Total Inventories (A: Jun. 2021 ) + Total Inventories (A: Jun. 2022 )) / count )
=19876.943 / ((1153.743 + 2363.802) / 2 )
=19876.943 / 1758.7725
=11.30

Alviva Holdings's Inventory Turnover for the quarter that ended in Jun. 2022 is calculated as

Inventory Turnover (Q: Jun. 2022 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2022 ) / ((Total Inventories (Q: Dec. 2021 ) + Total Inventories (Q: Jun. 2022 )) / count )
=10145.659 / ((2507.809 + 2363.802) / 2 )
=10145.659 / 2435.8055
=4.17

* 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.


Alviva Holdings  (JSE:AVV) 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.

Alviva Holdings's Days Inventory for the six months ended in Jun. 2022 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2022 )/Cost of Goods Sold (Q: Jun. 2022 )*Days in Period
=2435.8055/10145.659*365 / 2
=43.82

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.

Alviva Holdings's Inventory to Revenue for the quarter that ended in Jun. 2022 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2022 ) / Revenue (Q: Jun. 2022 )
=2435.8055 / 11947.385
=0.20

* 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.


Alviva Holdings Inventory Turnover Related Terms

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Alviva Holdings (JSE:AVV) Business Description

Traded in Other Exchanges
N/A
Address
Corner of New Road and 6th Street, International business Gateway Park, P.O. Box 483, Halfway House, Midrand, Johannesburg, GT, ZAF, 1685
Alviva Holdings Ltd provides information technology and communication technology. The company's operating segment includes Information and Communication Technology (ICT) Distribution; Services and Solutions; Financial Services and Central Group Services. It generates maximum revenue from the ICT Distribution segment. ICT Distribution segment which imports ICT hardware and software and sells it into the sub-Saharan African markets. Geographically, it derives a majority of revenue from South Africa.

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