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MDEPY (Arnoldo Mondadori Editore SpA) Inventory Turnover : 0.89 (As of Jun. 2024)


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What is Arnoldo Mondadori Editore 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. Arnoldo Mondadori Editore SpA's Cost of Goods Sold for the three months ended in Jun. 2024 was $163.86 Mil. Arnoldo Mondadori Editore SpA's Average Total Inventories for the quarter that ended in Jun. 2024 was $184.12 Mil. Arnoldo Mondadori Editore SpA's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.89.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Arnoldo Mondadori Editore SpA's Days Inventory for the three months ended in Jun. 2024 was 102.53.

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. Arnoldo Mondadori Editore SpA's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.77.


Arnoldo Mondadori Editore SpA Inventory Turnover Historical Data

The historical data trend for Arnoldo Mondadori Editore 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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Arnoldo Mondadori Editore SpA Inventory Turnover Chart

Arnoldo Mondadori Editore SpA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.13 4.82 4.79 4.57 4.22

Arnoldo Mondadori Editore SpA Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.81 1.13 1.08 0.82 0.89

Arnoldo Mondadori Editore SpA Inventory Turnover Calculation

Arnoldo Mondadori Editore SpA'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 )
=683.174 / ((160.332 + 163.511) / 2 )
=683.174 / 161.9215
=4.22

Arnoldo Mondadori Editore SpA's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover (Q: Jun. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2024 ) / ((Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Jun. 2024 )) / count )
=163.856 / ((176.741 + 191.495) / 2 )
=163.856 / 184.118
=0.89

* 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.


Arnoldo Mondadori Editore SpA  (OTCPK:MDEPY) 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.

Arnoldo Mondadori Editore SpA's Days Inventory for the three months ended in Jun. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2024 )/Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=184.118/163.856*365 / 4
=102.53

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.

Arnoldo Mondadori Editore SpA's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=184.118 / 237.964
=0.77

* 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.


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.


Arnoldo Mondadori Editore SpA Inventory Turnover Related Terms

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Arnoldo Mondadori Editore SpA Business Description

Traded in Other Exchanges
Address
Strada privata Mondadori 19, Segrate, Milan, ITA
Arnoldo Mondadori Editore SpA is a European publishing group. It publishes books and magazines and operates retail bookstores across Italy. Books are from fiction, non-fiction, for the young genres. Magazines published are of various fields for both men and women. The company's operating segment includes Books; Retail; Media and Corporate and Shared Services. It generates maximum revenue from the Books segment.

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