Avio SpA (LTS:0R9S) Inventory Turnover : -1.31 (As of Dec. 2024)

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What is Avio SpA 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. Avio SpA's Cost of Goods Sold for the six months ended in Dec. 2024 was €-188.1 Mil. Avio SpA's Average Total Inventories for the quarter that ended in Dec. 2024 was €143.1 Mil. Avio SpA's Inventory Turnover for the quarter that ended in Dec. 2024 was -1.31.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

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. Avio SpA's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 1.04.

Avio SpA Inventory Turnover Historical Data

The historical data trend for Avio SpA'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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Avio SpA Inventory Turnover Chart

Avio SpA Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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2.17

11.87

0.01

-2.20

-0.22

Avio SpA Semi-Annual Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															0.56	-0.13	-1.88	1.21	-1.31

Avio SpA Inventory Turnover Calculation

Avio SpA's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Inventory Turnover (A: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2024 )	/ (	(Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )
=	-29.911	/ (	(123.121	+	147.943)	/	2 )
=	-29.911	/	135.532
=	-0.22

Avio SpA's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	-188.115	/ (	(138.201	+	147.943)	/	2 )
=	-188.115	/	143.072
=	-1.31

Avio SpA (LTS:0R9S) 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.

Avio SpA's Days Inventory for the six months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	143.072	/	-188.115	*	365 / 2
	=

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.

Avio SpA's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	143.072	/	137.084
	=	1.04

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.

Avio SpA Inventory Turnover Related Terms

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Avio SpA Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Avio SpA (LTS:0R9S) » Definitions » Inventory Turnover

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AVIO:Italy AVIOm:UK 2ZP:Germany

Address

Via Latina, snc (SP 600 Ariana Km 5,2), Colleferro, Rome, ITA, 00034

Website

https://www.avio.com

Avio SpA is an international group engaged in the construction and development of space launchers. The company's core operations are design, development and production of solid and liquid propellant propulsion systems for space launchers; design, development and production of solid propellant propulsion systems for tactical missiles; development, integration and supply of complete light space launchers (VEGA); research and development of new low environmental impact propulsion systems and of satellite tracking control engines. The Group mainly operates in EU countries (Italy, France), the USA, and French Guiana.

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