AA Tech SpA (MIL:AAT) Inventory Turnover : 0.00 (As of Dec. 2023)

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What is AA Tech 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. AA Tech SpA's Cost of Goods Sold for the six months ended in Dec. 2023 was €0.84 Mil. AA Tech SpA's Average Total Inventories for the quarter that ended in Dec. 2023 was €0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. AA Tech SpA's Days Inventory for the six months ended in Dec. 2023 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. AA Tech SpA's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

AA Tech SpA Inventory Turnover Historical Data

The historical data trend for AA Tech 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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AA Tech SpA Inventory Turnover Chart

AA Tech SpA Annual Data

Trend

Dec21

Dec22

Dec23

Inventory Turnover

AA Tech SpA Semi-Annual Data
	Dec21	Dec22	Dec23
Inventory Turnover	-	-	-

AA Tech SpA Inventory Turnover Calculation

AA Tech 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 )
=	0.839	/ (	(0	+	0)	/	1 )
=	0.839	/	0
=	N/A

AA Tech SpA'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: Dec. 2022 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	0.839	/ (	(0	+	0)	/	1 )
=	0.839	/	0
=	N/A

AA Tech SpA (MIL:AAT) 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.

AA Tech SpA'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
	=	0	/	0.839	*	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.

AA Tech SpA'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 )
	=	0	/	1.757
	=	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.

AA Tech SpA Inventory Turnover Related Terms

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AA Tech SpA (MIL:AAT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » AA Tech SpA (MIL:AAT) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

Via Giovanni Lanza 57, Fondi, ITA, 04022

Website

https://www.aatech.it

AA Tech SpA is an innovative venture tech builder in the digital sector, with the constant aim of identifying new technologies in the aforementioned sectors in Italy. In particular, the Company, through a process of continuous innovation, intends to seek innovative solutions that create new opportunities for generating value, with the intention, after their creation and validation, of making these companies autonomous. One of its subsidiaries Previon a Fintech company that provides open banking services for compulsory and complementary pension funds.