Groupe Open (LTS:0O1T) Inventory Turnover : 0.00 (As of Jun. 2021)

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What is Groupe Open 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. Groupe Open's Cost of Goods Sold for the six months ended in Jun. 2021 was €106.4 Mil. Groupe Open's Average Total Inventories for the quarter that ended in Jun. 2021 was €0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Groupe Open's Days Inventory for the six months ended in Jun. 2021 was 0.00.

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. Groupe Open's Inventory-to-Revenue for the quarter that ended in Jun. 2021 was 0.00.

Groupe Open Inventory Turnover Historical Data

The historical data trend for Groupe Open'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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Groupe Open Inventory Turnover Chart

Groupe Open Annual Data

Trend

Dec11

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Dec20

Inventory Turnover

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Groupe Open Semi-Annual Data
	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Groupe Open Inventory Turnover Calculation

Groupe Open's Inventory Turnover for the fiscal year that ended in Dec. 2020 is calculated as

	Inventory Turnover (A: Dec. 2020 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2020 )	/ (	(Total Inventories (A: Dec. 2019 )	+	Total Inventories (A: Dec. 2020 ))	/	count )
=	188.5	/ (	(0	+	0)	/	1 )
=	188.5	/	0
=	N/A

Groupe Open's Inventory Turnover for the quarter that ended in Jun. 2021 is calculated as

	Inventory Turnover (Q: Jun. 2021 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2021 )	/ (	(Total Inventories (Q: Dec. 2020 )	+	Total Inventories (Q: Jun. 2021 ))	/	count )
=	106.4	/ (	(0	+	0)	/	1 )
=	106.4	/	0
=	N/A

Groupe Open (LTS:0O1T) 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.

Groupe Open's Days Inventory for the six months ended in Jun. 2021 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2021 )	/	Cost of Goods Sold (Q: Jun. 2021 )	*	Days in Period
	=	0	/	106.4	*	365 / 2
	=	0.00

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.

Groupe Open's Inventory to Revenue for the quarter that ended in Jun. 2021 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2021 )	/	Revenue (Q: Jun. 2021 )
	=	0	/	166.7
	=	0.00

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.

Groupe Open Inventory Turnover Related Terms

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Groupe Open (LTS:0O1T) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Groupe Open SA (LTS:0O1T) » Definitions » Inventory Turnover

Comparable Companies

TSE:4371 MIGI TSE:3657 IBEX TSXV:QUIS TSE:4674 SHSE:688500 TSE:3676 HKSE:03680 XCNQ:PKK

Traded in Other Exchanges

N/A

Address

97 Boulevard, Paris, FRA, 75017

Website

http://www.groupe-open.com

Groupe Open SA is engaged in digital and industrial transformation business in France, Belgium, the Netherlands, Luxembourg, and China. The company offers IT and digital consultancy services; project management assistance; project design and conception services; application design and development services for management systems, Websites, mobile projects; application portfolio management services; software integrating solutions; and project testing and acceptance services.

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