Rubis SCA (Rubis SCA) Inventory Turnover : 4.20 (As of Dec. 2023)

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What is Rubis SCA 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. Rubis SCA's Cost of Goods Sold for the six months ended in Dec. 2023 was $2,808 Mil. Rubis SCA's Average Total Inventories for the quarter that ended in Dec. 2023 was $668 Mil. Rubis SCA's Inventory Turnover for the quarter that ended in Dec. 2023 was 4.20.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Rubis SCA's Days Inventory for the six months ended in Dec. 2023 was 43.44.

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. Rubis SCA's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.19.

Rubis SCA Inventory Turnover Historical Data

The historical data trend for Rubis SCA'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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Rubis SCA Inventory Turnover Chart

Rubis SCA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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9.24

6.98

7.66

9.79

8.22

Rubis SCA 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															3.76	3.74	4.49	4.34	4.20

Rubis SCA Inventory Turnover Calculation

Rubis SCA'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 )
=	5600.199	/ (	(652.553	+	710.854)	/	2 )
=	5600.199	/	681.7035
=	8.22

Rubis SCA'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 )
=	2807.72	/ (	(625.681	+	710.854)	/	2 )
=	2807.72	/	668.2675
=	4.20

Rubis SCA (OTCPK:RUBSF) 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.

Rubis SCA'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
	=	668.2675	/	2807.72	*	365 / 2
	=	43.44

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.

Rubis SCA'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 )
	=	668.2675	/	3604.76
	=	0.19

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.

Rubis SCA Inventory Turnover Related Terms

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Rubis SCA (Rubis SCA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Rubis SCA (OTCPK:RUBSF) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

RBSFY:USA RUIp:UK 0RTS:UK RUI:France BYNN:Germany

Address

46, rue Boissiere, Paris, FRA, 75116

Website

https://www.rubis.fr

Rubis SCA specializes in bulk liquid storage and the distribution of petroleum products. The company operated businesses are, Rubis Terminal, Rubis Energie, and Rubis Support and Services. Rubis Terminal stores and trades petroleum products, fertilizers, chemical products and agrifood product. Its customers include energy and chemical groups, energy traders, and hypermarkets. Rubis Energie engages in the trading and distribution of liquefied petroleum gas (LPG) and petroleum products. The company derives a majority of its total revenue from the activities of Rubis Energie segment. Geographically, the group operates in Europe, the Caribbean and Africa.

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