Lleidanetworks Serveis Telematics (STU:9TV) Inventory Turnover : 1,580.00 (As of Dec. 2023)

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What is Lleidanetworks Serveis Telematics 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. Lleidanetworks Serveis Telematics's Cost of Goods Sold for the six months ended in Dec. 2023 was €3.16 Mil. Lleidanetworks Serveis Telematics's Average Total Inventories for the quarter that ended in Dec. 2023 was €0.00 Mil. Lleidanetworks Serveis Telematics's Inventory Turnover for the quarter that ended in Dec. 2023 was 1,580.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Lleidanetworks Serveis Telematics's Days Inventory for the six months ended in Dec. 2023 was 0.12.

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. Lleidanetworks Serveis Telematics's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

Lleidanetworks Serveis Telematics Inventory Turnover Historical Data

The historical data trend for Lleidanetworks Serveis Telematics'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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Lleidanetworks Serveis Telematics Inventory Turnover Chart

Lleidanetworks Serveis Telematics Annual Data

Trend

Dec14

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Dec16

Dec17

Dec18

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Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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Lleidanetworks Serveis Telematics Semi-Annual Data
	Dec14	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													-	-	-	1,648.50	1,580.00

Lleidanetworks Serveis Telematics Inventory Turnover Calculation

Lleidanetworks Serveis Telematics'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 )
=	6.457	/ (	(0	+	0)	/	1 )
=	6.457	/	0
=	N/A

Lleidanetworks Serveis Telematics'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 )
=	3.16	/ (	(0.002	+	0)	/	1 )
=	3.16	/	0.002
=	1,580.00

Lleidanetworks Serveis Telematics (STU:9TV) 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.

Lleidanetworks Serveis Telematics'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
	=	0.002	/	3.16	*	365 / 2
	=	0.12

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.

Lleidanetworks Serveis Telematics'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 )
	=	0.002	/	7.757
	=	0.00

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.

Lleidanetworks Serveis Telematics Inventory Turnover Related Terms

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Lleidanetworks Serveis Telematics (STU:9TV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Lleidanetworks Serveis Telematics SA (STU:9TV) » Definitions » Inventory Turnover

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Traded in Other Exchanges

ALLLN:France LLN:Spain 9TV:Germany

Address

No. 42, General lacy, Ground Floor - Local I, Madrid, ESP

Website

https://www.lleida.net

Lleidanetworks Serveis Telematics SA offers services as a telecommunications operator. The company provides registered eCommunications, SMS (short message service) solutions, electronic notification, contracting, and data validation services. It serves various industries including banking, call centers, financial services, utilities, real estate, insurance agents and brokers, legal services, temporary employment agencies, and government. Its segment comprises SMS Commercial, SMS Wholesale, and SAAS. The majority of sales by business line is through ICX Wholesale Solutions. Geographically, the majority of revenue is generated nationally.

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