Unieuro SpA (MIL:UNIR) Inventory Turnover : 1.00 (As of Aug. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Unieuro 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. Unieuro SpA's Cost of Goods Sold for the three months ended in Aug. 2024 was €461 Mil. Unieuro SpA's Average Total Inventories for the quarter that ended in Aug. 2024 was €458 Mil. Unieuro SpA's Inventory Turnover for the quarter that ended in Aug. 2024 was 1.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Unieuro SpA's Days Inventory for the three months ended in Aug. 2024 was 90.83.

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. Unieuro SpA's Inventory-to-Revenue for the quarter that ended in Aug. 2024 was 0.75.

Unieuro SpA Inventory Turnover Historical Data

The historical data trend for Unieuro 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.

Unieuro SpA Inventory Turnover Chart

Unieuro SpA Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Inventory Turnover

Get a 7-Day Free Trial

5.47

5.96

5.79

5.09

4.91

Unieuro SpA Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Inventory Turnover	Get a 7-Day Free Trial															1.00	1.46	1.02	1.01	1.00

Unieuro SpA Inventory Turnover Calculation

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

	Inventory Turnover (A: Feb. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Feb. 2024 )	/ (	(Total Inventories (A: Feb. 2023 )	+	Total Inventories (A: Feb. 2024 ))	/	count )
=	2163.867	/ (	(446.032	+	435.764)	/	2 )
=	2163.867	/	440.898
=	4.91

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

	Inventory Turnover (Q: Aug. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Aug. 2024 )	/ (	(Total Inventories (Q: May. 2024 )	+	Total Inventories (Q: Aug. 2024 ))	/	count )
=	460.592	/ (	(479.839	+	437.144)	/	2 )
=	460.592	/	458.4915
=	1.00

Unieuro SpA (MIL:UNIR) 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.

Unieuro SpA's Days Inventory for the three months ended in Aug. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Aug. 2024 )	/	Cost of Goods Sold (Q: Aug. 2024 )	*	Days in Period
	=	458.4915	/	460.592	*	365 / 4
	=	90.83

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.

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

Inventory-to-Revenue	=	Average Total Inventories (Q: Aug. 2024 )	/	Revenue (Q: Aug. 2024 )
	=	458.4915	/	615.401
	=	0.75

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.

Unieuro SpA Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Unieuro SpA's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Unieuro SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Unieuro SpA (MIL:UNIR) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Piero Maroncelli, 10, Palazzo Hercolani, Forli, ITA, 47121

Website

https://www.unieurospa.com

Unieuro SpA is engaged in the computer and electronics retailers industry. The company product categories include Grey, White, Brown, and Other products. Its products and services include mobile devices, video games, electrical scopes, notebooks, washing machines, tablets, refrigerators, soundbars, robot vacuum cleaners, cameras, navigation systems, home cinemas, consoles, air conditioning, camcorders, hobs, sports watches, monitors, screens, multifunctional lasers, steam generators and dishwashers and others. The company's ancillary services such as delivery and installation, extended warranties, and consumer financing. It generates maximum revenue from the retail channel. Geographically, it derives a majority of its revenue from Italy.