Cegedim (LTS:0DYQ) Inventory Turnover : 10.90 (As of Dec. 2023)

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What is Cegedim 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. Cegedim's Cost of Goods Sold for the six months ended in Dec. 2023 was €73.0 Mil. Cegedim's Average Total Inventories for the quarter that ended in Dec. 2023 was €6.7 Mil. Cegedim's Inventory Turnover for the quarter that ended in Dec. 2023 was 10.90.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Cegedim's Days Inventory for the six months ended in Dec. 2023 was 16.74.

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. Cegedim's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.02.

Cegedim Inventory Turnover Historical Data

The historical data trend for Cegedim'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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Cegedim Inventory Turnover Chart

Cegedim Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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21.27

17.75

20.28

14.80

14.62

Cegedim Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															14.73	2.28	9.81	2.05	10.90

Cegedim Inventory Turnover Calculation

Cegedim'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 )
=	87.698	/ (	(6.495	+	5.498)	/	2 )
=	87.698	/	5.9965
=	14.62

Cegedim'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 )
=	72.959	/ (	(7.883	+	5.498)	/	2 )
=	72.959	/	6.6905
=	10.90

Cegedim (LTS:0DYQ) 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.

Cegedim'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
	=	6.6905	/	72.959	*	365 / 2
	=	16.74

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.

Cegedim'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 )
	=	6.6905	/	314.984
	=	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.

Cegedim Inventory Turnover Related Terms

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Cegedim (LTS:0DYQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Cegedim SA (LTS:0DYQ) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

CGM:France C7E:Germany

Address

129-137, Rue d’Aguesseau, Boulogne-Billancourt, FRA, 92100

Website

https://www.cegedim.fr

Cegedim SA is a technology and services company offering digital flows of the healthcare ecosystem and B2B marketing, design of enterprise software for healthcare and insurance professionals. It is also engaged in human resources management and digitization. The company has two operating segments namely, Health insurance, HR and e-services; and Healthcare Professionals. Cegedim generates most of its revenue from France. The company's services include insurers solutions, promotional information, sales statistics of pharmaceutical products and digital promotion for healthcare companies.

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