Volution Group (LSE:FAN) Inventory Turnover : 1.53 (As of Jul. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Volution Group 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. Volution Group's Cost of Goods Sold for the six months ended in Jul. 2024 was £84.5 Mil. Volution Group's Average Total Inventories for the quarter that ended in Jul. 2024 was £55.2 Mil. Volution Group's Inventory Turnover for the quarter that ended in Jul. 2024 was 1.53.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Volution Group's Days Inventory for the six months ended in Jul. 2024 was 119.27.

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. Volution Group's Inventory-to-Revenue for the quarter that ended in Jul. 2024 was 0.32.

Volution Group Inventory Turnover Historical Data

The historical data trend for Volution Group'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.

Volution Group Inventory Turnover Chart

Volution Group Annual Data

Trend

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Jul24

Inventory Turnover

Get a 7-Day Free Trial

3.48

3.67

3.15

2.91

3.02

Volution Group Semi-Annual Data
	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24	Jul24
Inventory Turnover	Get a 7-Day Free Trial															1.46	1.47	1.42	1.46	1.53

Volution Group Inventory Turnover Calculation

Volution Group's Inventory Turnover for the fiscal year that ended in Jul. 2024 is calculated as

	Inventory Turnover (A: Jul. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jul. 2024 )	/ (	(Total Inventories (A: Jul. 2023 )	+	Total Inventories (A: Jul. 2024 ))	/	count )
=	169.344	/ (	(58.98	+	53.112)	/	2 )
=	169.344	/	56.046
=	3.02

Volution Group's Inventory Turnover for the quarter that ended in Jul. 2024 is calculated as

	Inventory Turnover (Q: Jul. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jul. 2024 )	/ (	(Total Inventories (Q: Jan. 2024 )	+	Total Inventories (Q: Jul. 2024 ))	/	count )
=	84.485	/ (	(57.319	+	53.112)	/	2 )
=	84.485	/	55.2155
=	1.53

Volution Group (LSE:FAN) 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.

Volution Group's Days Inventory for the six months ended in Jul. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jul. 2024 )	/	Cost of Goods Sold (Q: Jul. 2024 )	*	Days in Period
	=	55.2155	/	84.485	*	365 / 2
	=	119.27

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.

Volution Group's Inventory to Revenue for the quarter that ended in Jul. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jul. 2024 )	/	Revenue (Q: Jul. 2024 )
	=	55.2155	/	175.132
	=	0.32

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.

Volution Group Inventory Turnover Related Terms

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

Volution Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Volution Group PLC (LSE:FAN) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

FANl:UK VO1:Germany

Address

Fleming Way, West Sussex, Crawley, GBR, RH10 9YX

Website

https://www.volutiongroupplc.com

Volution Group PLC supplies ventilation products to residential and commercial constructions. Its products are categorized into residential ventilation, commercial ventilation, other products, and Torin-Sifan. Some of its brands include Vent-Axia, Manrose, VoltAir, and Simx. The company operates in three segments: the United Kingdom, Continental Europe and Australasia. Nearly half of the revenue comes from the United Kingdom followed by Continental Europe.