Beneteau (STU:3GD) Inventory Turnover : 0.53 (As of Jun. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Beneteau 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. Beneteau's Cost of Goods Sold for the six months ended in Jun. 2024 was €212 Mil. Beneteau's Average Total Inventories for the quarter that ended in Jun. 2024 was €402 Mil. Beneteau's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.53.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Beneteau's Days Inventory for the six months ended in Jun. 2024 was 346.19.

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. Beneteau's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.72.

Beneteau Inventory Turnover Historical Data

The historical data trend for Beneteau'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.

Beneteau Inventory Turnover Chart

Beneteau Annual Data

Trend

Aug13

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Dec20

Dec21

Dec22

Inventory Turnover

Get a 7-Day Free Trial

2.68

2.38

2.12

1.82

1.55

Beneteau Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Inventory Turnover	Get a 7-Day Free Trial															0.54	0.89	0.76	0.86	0.53

Beneteau Inventory Turnover Calculation

Beneteau's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	603.618	/ (	(328.331	+	450.297)	/	2 )
=	603.618	/	389.314
=	1.55

Beneteau's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

	Inventory Turnover (Q: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )
=	211.939	/ (	(400.962	+	403.113)	/	2 )
=	211.939	/	402.0375
=	0.53

Beneteau (STU:3GD) 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.

Beneteau's Days Inventory for the six months ended in Jun. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2024 )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
	=	402.0375	/	211.939	*	365 / 2
	=	346.19

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.

Beneteau's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	402.0375	/	556.639
	=	0.72

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.

Beneteau Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Beneteau's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Beneteau Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Beneteau SA (STU:3GD) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

BTEAF:USA BENp:UK 0K8N:UK BEN:France 3GD:Germany

Address

16 Boulevard de la Mer, Les Embruns, Saint-Gilles-Croix-de-Vie, FRA, 85803

Website

https://www.beneteau-group.com

Beneteau SA is a boat and housing manufacturer, domiciled in France. The company organises itself into two segments: boats and housing. The boats business, which contributes the majority of revenue, manufactures and markets boats. Beneteau produces both motor and sail boats, and derives revenue from France, Europe, and North America. The housing segment manufactures mobile homes for campsites and tour operators, and timber-frame homes. The housing business derives the vast majority of income domestically.

Beneteau Headlines

No Headlines