WeBuild SpA (MIL:WBD) Inventory Turnover : 15.26 (As of Dec. 2023)

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What is WeBuild 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. WeBuild SpA's Cost of Goods Sold for the six months ended in Dec. 2023 was €3,747 Mil. WeBuild SpA's Average Total Inventories for the quarter that ended in Dec. 2023 was €246 Mil. WeBuild SpA's Inventory Turnover for the quarter that ended in Dec. 2023 was 15.26.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. WeBuild SpA's Days Inventory for the six months ended in Dec. 2023 was 11.96.

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. WeBuild SpA's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.05.

WeBuild SpA Inventory Turnover Historical Data

The historical data trend for WeBuild 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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WeBuild SpA Inventory Turnover Chart

WeBuild SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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20.81

18.36

22.39

24.60

29.14

WeBuild SpA Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															11.91	12.05	12.30	12.60	15.26

WeBuild SpA Inventory Turnover Calculation

WeBuild 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 )
=	6964.737	/ (	(248.809	+	229.144)	/	2 )
=	6964.737	/	238.9765
=	29.14

WeBuild 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: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	3746.888	/ (	(261.933	+	229.144)	/	2 )
=	3746.888	/	245.5385
=	15.26

WeBuild SpA (MIL:WBD) 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.

WeBuild 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
	=	245.5385	/	3746.888	*	365 / 2
	=	11.96

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.

WeBuild 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 )
	=	245.5385	/	4981.22
	=	0.05

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.

WeBuild SpA Inventory Turnover Related Terms

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WeBuild SpA (MIL:WBD) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Construction » WeBuild SpA (MIL:WBD) » Definitions » Inventory Turnover

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IMPJY:USA WBDR:Italy 0BJP:UK IPJ1:Germany

Address

Milanofiori Strada 6 – Palazzo L, Milan, ITA, 20089

Website

https://www.webuildgroup.com

WeBuild SpA is a global construction company specialized in building large works and complex infrastructure for the sustainable mobility, hydroelectric energy, water, green buildings and the tunnelling sectors. It works in partnerships with other architects and designers to provide innovative solutions. Operating segments are reported by geographical regions: Italy and abroad.