AIREA (LSE:AIEA) Inventory Turnover : 0.00 (As of Dec. 2023)

View and export this data going back to 1954. Start your Free Trial

What is AIREA 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. AIREA's Cost of Goods Sold for the six months ended in Dec. 2023 was £0.00 Mil. AIREA's Average Total Inventories for the quarter that ended in Dec. 2023 was £6.16 Mil. AIREA's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

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. AIREA's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.55.

AIREA Inventory Turnover Historical Data

The historical data trend for AIREA'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.

AIREA Inventory Turnover Chart

AIREA Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

1.32

1.07

1.08

1.30

1.45

AIREA Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

AIREA Inventory Turnover Calculation

AIREA'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 )
=	8.469	/ (	(5.895	+	5.753)	/	2 )
=	8.469	/	5.824
=	1.45

AIREA'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 )
=	0	/ (	(6.56	+	5.753)	/	2 )
=	0	/	6.1565
=	0.00

AIREA (LSE:AIEA) 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.

AIREA'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
	=	6.1565	/	0	*	365 / 2
	=

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.

AIREA'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 )
	=	6.1565	/	11.277
	=	0.55

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.

AIREA Inventory Turnover Related Terms

Thank you for viewing the detailed overview of AIREA's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

AIREA (LSE:AIEA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » AIREA PLC (LSE:AIEA) » Definitions » Inventory Turnover

Traded in Other Exchanges

AIEA.GB:UK

Address

Victoria Mills, The Green, Ossett, West Yorkshire, GBR, WF5 0AN

Website

https://www.aireaplc.com

AIREA PLC is a UK based specialist flooring company. It focuses on manufacturing, marketing and distribution of floor coverings. Its product portfolio includes contract carpets, carpet tiles, tufted carpet, and floor coverings. It markets under brand name of Burmatex. It also offers standard carpet ranges through retail outlets and a range of spanning fiber bonded and tufted carpet in sheet and tile. The company aims at meetings architects, contractors for the education, leisure, commercial and healthcare sector requirements across the United Kingdom, Republic of Ireland and North America.

AIREA (LSE:AIEA) Headlines

No Headlines