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SNC-Lavalin Group (SNC-Lavalin Group) Inventory Turnover : 104.82 (As of Dec. 2023)


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What is SNC-Lavalin Group 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. SNC-Lavalin Group's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,526 Mil. SNC-Lavalin Group's Average Total Inventories for the quarter that ended in Dec. 2023 was $15 Mil. SNC-Lavalin Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 104.82.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. SNC-Lavalin Group's Days Inventory for the three months ended in Dec. 2023 was 0.87.

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. SNC-Lavalin Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.01.

SNC-Lavalin Group Inventory Turnover Historical Data

The historical data trend for SNC-Lavalin Group'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.

SNC-Lavalin Group Inventory Turnover Chart

SNC-Lavalin Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 75.34 139.47 415.24 402.11 418.92

SNC-Lavalin Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 109.14 107.41 114.19 109.14 104.82

SNC-Lavalin Group Inventory Turnover Calculation

SNC-Lavalin Group'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 )
=5864.872 / ((12.816 + 15.184) / 2 )
=5864.872 / 14
=418.92

SNC-Lavalin Group'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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count )
=1526.082 / ((13.934 + 15.184) / 2 )
=1526.082 / 14.559
=104.82

* 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.

SNC-Lavalin Group  (OTCPK:SNCAF) 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.

SNC-Lavalin Group's Days Inventory for the three 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
=14.559/1526.082*365 / 4
=0.87

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.

SNC-Lavalin Group'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 )
=14.559 / 1699.158
=0.01

* 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.

SNC-Lavalin Group Inventory Turnover Related Terms

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SNC-Lavalin Group (SNC-Lavalin Group) Business Description

Industry
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Address
455 Rene-Levesque Boulevard West, Montreal, QC, CAN, H2Z 1Z3
Website
https://www.snclavalin.com
Based in Montreal, AtkinsRealis is a fully integrated professional services and project management firm that offers a wide range of services, including financing, consulting, engineering and construction, procurement, and operations and maintenance. The firm serves clients in the infrastructure, nuclear, and engineering design and project management industries. Additionally, the company owns infrastructure projects through its capital segment. AtkinsRealis generated approximately CAD 7.5 billion in sales in 2022.