McPhy Energy (McPhy Energy) Inventory Turnover : 0.96 (As of Dec. 2023)

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What is McPhy Energy 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. McPhy Energy's Cost of Goods Sold for the six months ended in Dec. 2023 was $11.76 Mil. McPhy Energy's Average Total Inventories for the quarter that ended in Dec. 2023 was $12.20 Mil. McPhy Energy's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.96.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. McPhy Energy's Days Inventory for the six months ended in Dec. 2023 was 189.28.

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. McPhy Energy's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.87.

McPhy Energy Inventory Turnover Historical Data

The historical data trend for McPhy Energy'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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McPhy Energy Inventory Turnover Chart

McPhy Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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2.96

3.19

2.88

1.92

1.66

McPhy Energy 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															2.14	0.97	1.18	0.39	0.96

McPhy Energy Inventory Turnover Calculation

McPhy Energy'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 )
=	17.454	/ (	(12.728	+	8.339)	/	2 )
=	17.454	/	10.5335
=	1.66

McPhy Energy'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 )
=	11.76	/ (	(16.055	+	8.339)	/	2 )
=	11.76	/	12.197
=	0.96

McPhy Energy (OTCPK:MPHYF) 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.

McPhy Energy'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
	=	12.197	/	11.76	*	365 / 2
	=	189.28

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.

McPhy Energy'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 )
	=	12.197	/	14.038
	=	0.87

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.

McPhy Energy Inventory Turnover Related Terms

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McPhy Energy (McPhy Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » McPhy Energy SA (OTCPK:MPHYF) » Definitions » Inventory Turnover

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Traded in Other Exchanges

0QTF:UK MCPHY:France M6P:Germany

Address

1115, Route de Saint-Thomas, La Motte-Fanjas, FRA, 26190

Website

http://www.mcphy.com

McPhy Energy SA is a designer, manufacturer and integrator of hydrogen equipment. Its product range features two main categories: Electrolyzers (hydrogen production equipment) of allcapacities and hydrogen refueling stations (refueling/distribution equipment) for hydrogen-powered mobility.

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