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Sciuker Frames SpA (MIL:SCK) Inventory Turnover : 0.17 (As of Jun. 2023)


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What is Sciuker Frames 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. Sciuker Frames SpA's Cost of Goods Sold for the six months ended in Jun. 2023 was €18.5 Mil. Sciuker Frames SpA's Average Total Inventories for the quarter that ended in Jun. 2023 was €107.2 Mil. Sciuker Frames SpA's Inventory Turnover for the quarter that ended in Jun. 2023 was 0.17.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sciuker Frames SpA's Days Inventory for the six months ended in Jun. 2023 was 1,056.44.

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. Sciuker Frames SpA's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 2.34.


Sciuker Frames SpA Inventory Turnover Historical Data

The historical data trend for Sciuker Frames 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.

* Premium members only.

Sciuker Frames SpA Inventory Turnover Chart

Sciuker Frames SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Inventory Turnover
Get a 7-Day Free Trial 2.24 1.76 2.08 3.29 2.08

Sciuker Frames SpA Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.48 1.96 0.63 1.31 0.17

Sciuker Frames SpA Inventory Turnover Calculation

Sciuker Frames SpA's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Inventory Turnover (A: Dec. 2022 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2022 ) / ((Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count )
=137.664 / ((34.906 + 97.746) / 2 )
=137.664 / 66.326
=2.08

Sciuker Frames SpA's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover (Q: Jun. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2023 ) / ((Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Jun. 2023 )) / count )
=18.527 / ((97.746 + 116.748) / 2 )
=18.527 / 107.247
=0.17

* 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.


Sciuker Frames SpA  (MIL:SCK) 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.

Sciuker Frames SpA's Days Inventory for the six months ended in Jun. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2023 )/Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=107.247/18.527*365 / 2
=1,056.44

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.

Sciuker Frames SpA's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=107.247 / 45.844
=2.34

* 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.


Sciuker Frames SpA Inventory Turnover Related Terms

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Sciuker Frames SpA (MIL:SCK) Business Description

Traded in Other Exchanges
Address
PIP Area - Via Fratte, Contrada, Avellino, ITA, 83020
Sciuker Frames SpA is an Italian company engaged in the design, development, production, and marketing of windows in natural wood-aluminum materials and in structural wood-glass. Its product offering includes structural glass wood windows, Isik aluminum wooden windows, stratek 80 aluminum wooden windows, stratek city aluminum wooden windows and aluminum shutters.

Sciuker Frames SpA (MIL:SCK) Headlines

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