Lamprell (LSE:LAM) Inventory Turnover : 15.57 (As of Dec. 2021)

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What is Lamprell 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. Lamprell's Cost of Goods Sold for the six months ended in Dec. 2021 was £165.4 Mil. Lamprell's Average Total Inventories for the quarter that ended in Dec. 2021 was £10.6 Mil. Lamprell's Inventory Turnover for the quarter that ended in Dec. 2021 was 15.57.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Lamprell's Days Inventory for the six months ended in Dec. 2021 was 11.72.

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. Lamprell's Inventory-to-Revenue for the quarter that ended in Dec. 2021 was 0.07.

Lamprell Inventory Turnover Historical Data

The historical data trend for Lamprell'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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Lamprell Inventory Turnover Chart

Lamprell Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Inventory Turnover

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10.96

3.52

3.14

6.10

28.51

Lamprell Semi-Annual Data
	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21
Inventory Turnover	Get a 7-Day Free Trial															1.86	2.54	9.89	11.04	15.57

Lamprell Inventory Turnover Calculation

Lamprell's Inventory Turnover for the fiscal year that ended in Dec. 2021 is calculated as

	Inventory Turnover (A: Dec. 2021 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2021 )	/ (	(Total Inventories (A: Dec. 2020 )	+	Total Inventories (A: Dec. 2021 ))	/	count )
=	292.95	/ (	(10.603	+	9.947)	/	2 )
=	292.95	/	10.275
=	28.51

Lamprell's Inventory Turnover for the quarter that ended in Dec. 2021 is calculated as

	Inventory Turnover (Q: Dec. 2021 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2021 )	/ (	(Total Inventories (Q: Jun. 2021 )	+	Total Inventories (Q: Dec. 2021 ))	/	count )
=	165.419	/ (	(11.299	+	9.947)	/	2 )
=	165.419	/	10.623
=	15.57

Lamprell (LSE:LAM) 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.

Lamprell's Days Inventory for the six months ended in Dec. 2021 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2021 )	/	Cost of Goods Sold (Q: Dec. 2021 )	*	Days in Period
	=	10.623	/	165.419	*	365 / 2
	=	11.72

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.

Lamprell's Inventory to Revenue for the quarter that ended in Dec. 2021 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2021 )	/	Revenue (Q: Dec. 2021 )
	=	10.623	/	163.292
	=	0.07

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.

Lamprell Inventory Turnover Related Terms

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Lamprell (LSE:LAM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Lamprell PLC (LSE:LAM) » Definitions » Inventory Turnover

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Address

Jebel Ali Free Zone, c/o. P.O. Box 33455, Dubai, ARE

Website

https://www.lamprell.com

Lamprell PLC is a provider of fabrication, engineering and contracting services to the offshore and onshore oil and gas, and renewable energy industries. Its services include fabricating packaged, pre-assembled and modularised units; constructing accommodation and complex process modules for onshore downstream projects; construction of complex living quarters, wellhead decks, topsides, jackets and other offshore fixed facilities; rig refurbishment; land rig services; engineering and construction and operations and maintenance. The operating business segments are Oil and Gas, Renewables and Digital.

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