Synektik (STU:A2P) Inventory Turnover : 5.29 (As of Dec. 2024)

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What is Synektik 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. Synektik's Cost of Goods Sold for the three months ended in Dec. 2024 was €34.5 Mil. Synektik's Average Total Inventories for the quarter that ended in Dec. 2024 was €6.5 Mil. Synektik's Inventory Turnover for the quarter that ended in Dec. 2024 was 5.29.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Synektik's Days Inventory for the three months ended in Dec. 2024 was 17.24.

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. Synektik's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.13.

Synektik Inventory Turnover Historical Data

The historical data trend for Synektik'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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Synektik Inventory Turnover Chart

Synektik Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Inventory Turnover

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29.75

21.81

22.18

4.63

9.06

Synektik Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															10.62	2.17	2.75	4.68	5.29

Synektik Inventory Turnover Calculation

Synektik's Inventory Turnover for the fiscal year that ended in Sep. 2023 is calculated as

	Inventory Turnover (A: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Sep. 2023 )	/ (	(Total Inventories (A: Sep. 2022 )	+	Total Inventories (A: Sep. 2023 ))	/	count )
=	77.175	/ (	(11.827	+	5.211)	/	2 )
=	77.175	/	8.519
=	9.06

Synektik's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	34.454	/ (	(3.076	+	9.945)	/	2 )
=	34.454	/	6.5105
=	5.29

Synektik (STU:A2P) 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.

Synektik's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	6.5105	/	34.454	*	365 / 4
	=	17.24

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.

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

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	6.5105	/	49.758
	=	0.13

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.

Synektik Inventory Turnover Related Terms

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Synektik Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Synektik SA (STU:A2P) » Definitions » Inventory Turnover

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SNT:Poland

Address

Aleja Wincentego Witosa 31, Warsaw, POL, 00-710

Website

http://www.synektik.pl

Synektik SA is a supplier of innovative products, services and IT solutions for diagnostic imaging and nuclear medicine. It sells medical devices and IT solutions used in radiology and operates research laboratory for diagnostic imaging systems and a service centre for medical equipment. Its operating segments include the sale of medical equipment used in radiology and nuclear medicine and IT solutions, Maintenance services for medical equipment as well as acceptance and specialist tests and Radiopharmaceutical production.

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