Raffaele Caruso (MIL:YRC) Inventory Turnover: 1.34 (As of Jun. 2012)


What is Raffaele Caruso Inventory Turnover?

Raffaele Caruso MIL:YRC Inventory Turnover is 1.34 as of Jun. 2012.

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. Raffaele Caruso's Cost of Goods Sold for the six months ended in Jun. 2012 was €22.12 Mil. Raffaele Caruso's Average Total Inventories for the quarter that ended in Jun. 2012 was €16.57 Mil. Raffaele Caruso's Inventory Turnover for the quarter that ended in Jun. 2012 was 1.34.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Raffaele Caruso's Days Inventory for the six months ended in Jun. 2012 was 136.69.

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. Raffaele Caruso's Inventory-to-Revenue for the quarter that ended in Jun. 2012 was 0.47.

Raffaele Caruso  (MIL:YRC) 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.

Raffaele Caruso's Days Inventory for the six months ended in Jun. 2012 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2012 )/Cost of Goods Sold (Q: Jun. 2012 )*Days in Period
=16.565/22.116*365 / 2
=136.69

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.

Raffaele Caruso's Inventory to Revenue for the quarter that ended in Jun. 2012 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2012 ) / Revenue (Q: Jun. 2012 )
=16.565 / 35.371
=0.47

* 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.

Raffaele Caruso Inventory Turnover Related Terms

Raffaele Caruso Inventory Turnover Historical Data

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The historical data trend for Raffaele Caruso'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.

Raffaele Caruso Inventory Turnover Chart

Raffaele Caruso Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec11
Inventory Turnover
2.04 2.23 3.83 3.03 3.80

Raffaele Caruso Semi-Annual Data
Jun09 Dec09 Jun10 Jun11 Dec11 Jun12
Inventory Turnover Get a 7-Day Free Trial 2.21 1.01 0.99 2.15 1.34

Raffaele Caruso Inventory Turnover Calculation

Raffaele Caruso's Inventory Turnover for the fiscal year that ended in Dec. 2011 is calculated as

Inventory Turnover (A: Dec. 2011 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2011 ) / ((Total Inventories (A: Dec. 2009 ) + Total Inventories (A: Dec. 2011 )) / count )
=45.353 / ((7.227 + 16.662) / 2 )
=45.353 / 11.9445
=3.80

Raffaele Caruso's Inventory Turnover for the quarter that ended in Jun. 2012 is calculated as

Inventory Turnover (Q: Jun. 2012 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2012 ) / ((Total Inventories (Q: Dec. 2011 ) + Total Inventories (Q: Jun. 2012 )) / count )
=22.116 / ((16.662 + 16.468) / 2 )
=22.116 / 16.565
=1.34

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 1.34 mean?
Raffaele Caruso (MIL:YRC) has a Inventory Turnover of 1.34 as of Jun. 2012. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Raffaele Caruso and its competitors.
Is Raffaele Caruso's Inventory Turnover too high?
Raffaele Caruso's current Inventory Turnover is 1.34.
How does Raffaele Caruso's Inventory Turnover compare to competitors?
Raffaele Caruso's Inventory Turnover is 1.34. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a company?
A good Inventory Turnover depends on the industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Raffaele Caruso and its competitors. Raffaele Caruso's current Inventory Turnover is 1.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Raffaele Caruso stock overvalued right now?
Raffaele Caruso (MIL:YRC) has a current Inventory Turnover of 1.34. The current Inventory Turnover is 1.34. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Raffaele Caruso (MIL:YRC), the current Inventory Turnover is 1.34 as of Jun. 2012. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Raffaele Caruso Business Description

Industry
Comparable Companies MIL:DIGMIL:815134MIL:INDB