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Duro Felguera (STU:DF5B) Inventory Turnover : 14.87 (As of Jun. 2023)


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What is Duro Felguera 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. Duro Felguera's Cost of Goods Sold for the six months ended in Jun. 2023 was €68.8 Mil. Duro Felguera's Average Total Inventories for the quarter that ended in Jun. 2023 was €4.6 Mil. Duro Felguera's Inventory Turnover for the quarter that ended in Jun. 2023 was 14.87.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Duro Felguera's Days Inventory for the six months ended in Jun. 2023 was 12.27.

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. Duro Felguera's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.03.


Duro Felguera Inventory Turnover Historical Data

The historical data trend for Duro Felguera'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.

Duro Felguera Inventory Turnover Chart

Duro Felguera Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.37 54.11 18.66 12.53 42.39

Duro Felguera Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 3.01 2.92 3.27 7.47 14.87

Duro Felguera Inventory Turnover Calculation

Duro Felguera'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 )
=43.127 / ((0.977 + 1.058) / 2 )
=43.127 / 1.0175
=42.39

Duro Felguera's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover (Q: Jun. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2023 ) / ((Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Jun. 2023 )) / count )
=68.835 / ((1.058 + 8.198) / 2 )
=68.835 / 4.628
=14.87

* 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.


Duro Felguera  (STU:DF5B) 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.

Duro Felguera's Days Inventory for the six months ended in Jun. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2023 )/Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=4.628/68.835*365 / 2
=12.27

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.

Duro Felguera's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=4.628 / 141.056
=0.03

* 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.


Duro Felguera Inventory Turnover Related Terms

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Duro Felguera (STU:DF5B) Business Description

Traded in Other Exchanges
Address
Centro de Ingeniería, I+D+i y Calidad, Parque Científico Tecnológico, Calle Ada Byron 90, Gijon, Asturias, ESP, 33203
Duro Felguera SA is a Spain based company engaged in executing turnkey projects for the energy, industrial and oil and gas sectors. It supplies specialized services for industries and manufactures capital goods. The company is involved in carrying out integrated projects for the construction of power generation plants, mineral treatment and bulk-handling facilities, fuel storage plants and other facilities and installations for the oil and gas industry. In the services area, the organization specializes in the erection of energy and industrial facilities. The business segments of the group are Energy; Mining and Handling; Oil and Gas; Services; Manufacturing of capital goods; and Communications.

Duro Felguera (STU:DF5B) Headlines

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