H E S Beheer NV (LTS:0OOB) Inventory Turnover : 21.66 (As of Jun. 2014)

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What is H E S Beheer NV 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. H E S Beheer NV's Cost of Goods Sold for the six months ended in Jun. 2014 was €6.9 Mil. H E S Beheer NV's Average Total Inventories for the quarter that ended in Jun. 2014 was €0.3 Mil. H E S Beheer NV's Inventory Turnover for the quarter that ended in Jun. 2014 was 21.66.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. H E S Beheer NV's Days Inventory for the six months ended in Jun. 2014 was 8.42.

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. H E S Beheer NV's Inventory-to-Revenue for the quarter that ended in Jun. 2014 was 0.01.

H E S Beheer NV Inventory Turnover Historical Data

The historical data trend for H E S Beheer NV'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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H E S Beheer NV Inventory Turnover Chart

H E S Beheer NV Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Inventory Turnover

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41.52

47.10

65.62

61.31

66.90

H E S Beheer NV Semi-Annual Data
	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14
Inventory Turnover	Get a 7-Day Free Trial					33.75	31.55	16.82	45.18	21.66

H E S Beheer NV Inventory Turnover Calculation

H E S Beheer NV's Inventory Turnover for the fiscal year that ended in Dec. 2013 is calculated as

	Inventory Turnover (A: Dec. 2013 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2013 )	/ (	(Total Inventories (A: Dec. 2012 )	+	Total Inventories (A: Dec. 2013 ))	/	count )
=	22.948	/ (	(0.349	+	0.337)	/	2 )
=	22.948	/	0.343
=	66.90

H E S Beheer NV's Inventory Turnover for the quarter that ended in Jun. 2014 is calculated as

	Inventory Turnover (Q: Jun. 2014 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2014 )	/ (	(Total Inventories (Q: Dec. 2013 )	+	Total Inventories (Q: Jun. 2014 ))	/	count )
=	6.9	/ (	(0.337	+	0.3)	/	2 )
=	6.9	/	0.3185
=	21.66

H E S Beheer NV (LTS:0OOB) 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.

H E S Beheer NV's Days Inventory for the six months ended in Jun. 2014 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2014 )	/	Cost of Goods Sold (Q: Jun. 2014 )	*	Days in Period
	=	0.3185	/	6.9	*	365 / 2
	=	8.42

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.

H E S Beheer NV's Inventory to Revenue for the quarter that ended in Jun. 2014 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2014 )	/	Revenue (Q: Jun. 2014 )
	=	0.3185	/	32.5
	=	0.01

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.

H E S Beheer NV Inventory Turnover Related Terms

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H E S Beheer NV (LTS:0OOB) Business Description

Industry

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Address

Website

http://www.hesbeheer.nl

H.E.S. Beheer NV was formed in 1908. It is a holding company for independent subsidiaries and associated companies which provide logistic services in ports. The core activity is stevedoring, involving the loading and unloading of dry and liquid bulk products into and from seagoing vessels, coasters, lighters, trains and trucks and large-scale open-air and covered storage. Most of these bulk products are destined for industrial end-users, mainly as raw materials for the energy market, the steel and aluminium industry and the food industry. The Company is also active in the UK. One of the associates has establishments in several countries, including France, Germany, Belgium and Poland. The core activities of this company are stevedoring and inland shipping.

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