Fulcrum Utility Services (LSE:FCRM) Inventory Turnover : 55.46 (As of Mar. 2023)

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What is Fulcrum Utility Services 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. Fulcrum Utility Services's Cost of Goods Sold for the six months ended in Mar. 2023 was £26.57 Mil. Fulcrum Utility Services's Average Total Inventories for the quarter that ended in Mar. 2023 was £0.48 Mil. Fulcrum Utility Services's Inventory Turnover for the quarter that ended in Mar. 2023 was 55.46.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Fulcrum Utility Services's Days Inventory for the six months ended in Mar. 2023 was 3.29.

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. Fulcrum Utility Services's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 0.02.

Fulcrum Utility Services Inventory Turnover Historical Data

The historical data trend for Fulcrum Utility Services'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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Fulcrum Utility Services Inventory Turnover Chart

Fulcrum Utility Services Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

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74.84

64.05

84.30

127.60

103.04

Fulcrum Utility Services Semi-Annual Data
	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23
Inventory Turnover	Get a 7-Day Free Trial															51.69	49.57	74.34	54.82	55.46

Fulcrum Utility Services Inventory Turnover Calculation

Fulcrum Utility Services'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 )
=	49.974	/ (	(0.433	+	0.537)	/	2 )
=	49.974	/	0.485
=	103.04

Fulcrum Utility Services's Inventory Turnover for the quarter that ended in Mar. 2023 is calculated as

	Inventory Turnover (Q: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2023 )	/ (	(Total Inventories (Q: Sep. 2022 )	+	Total Inventories (Q: Mar. 2023 ))	/	count )
=	26.567	/ (	(0.421	+	0.537)	/	2 )
=	26.567	/	0.479
=	55.46

Fulcrum Utility Services (LSE:FCRM) 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.

Fulcrum Utility Services's Days Inventory for the six months ended in Mar. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2023 )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
	=	0.479	/	26.567	*	365 / 2
	=	3.29

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.

Fulcrum Utility Services's Inventory to Revenue for the quarter that ended in Mar. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2023 )	/	Revenue (Q: Mar. 2023 )
	=	0.479	/	26.614
	=	0.02

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.

Fulcrum Utility Services Inventory Turnover Related Terms

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Fulcrum Utility Services (LSE:FCRM) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Fulcrum Utility Services Ltd (LSE:FCRM) » Definitions » Inventory Turnover

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Address

2 Europa View, Sheffield Business Park, Sheffield, South Yorkshire, GBR, S9 1XH

Website

https://www.fulcrum.co.uk

Fulcrum Utility Services Ltd is an independent multi-utility infrastructure and services provider. The principal activities are the provision of unregulated utility connections and independent gas transportation services in the United Kingdom. The company designs and project manages utility connections for customers seeking either new connections or the alteration or refurbishment of existing connections ranging from single-site alterations to multi-utility and multi-site new connections. It has two operating segments namely Infrastructure: Design and Build and Utility assets: Own and Operate. The company generates maximum revenue from Infrastructure: Design and Build segment. Geographically, it derives revenue from the United Kingdom.

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