Technoprobe SpA (STU:K8B) Inventory Turnover : 1.07 (As of Jun. 2024)

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What is Technoprobe SpA 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. Technoprobe SpA's Cost of Goods Sold for the six months ended in Jun. 2024 was €140.3 Mil. Technoprobe SpA's Average Total Inventories for the quarter that ended in Jun. 2024 was €130.8 Mil. Technoprobe SpA's Inventory Turnover for the quarter that ended in Jun. 2024 was 1.07.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Technoprobe SpA's Days Inventory for the six months ended in Jun. 2024 was 170.12.

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. Technoprobe SpA's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.54.

Technoprobe SpA Inventory Turnover Historical Data

The historical data trend for Technoprobe SpA'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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Technoprobe SpA Inventory Turnover Chart

Technoprobe SpA Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

3.46

4.37

2.94

2.37

1.83

Technoprobe SpA Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Inventory Turnover	Get a 7-Day Free Trial				1.20	1.11	0.83	0.98	1.07

Technoprobe SpA Inventory Turnover Calculation

Technoprobe SpA'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 )
=	209.947	/ (	(110.387	+	119.03)	/	2 )
=	209.947	/	114.7085
=	1.83

Technoprobe SpA'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 )
=	140.298	/ (	(119.03	+	142.53)	/	2 )
=	140.298	/	130.78
=	1.07

Technoprobe SpA (STU:K8B) 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.

Technoprobe SpA'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
	=	130.78	/	140.298	*	365 / 2
	=	170.12

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.

Technoprobe SpA'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 )
	=	130.78	/	241.05
	=	0.54

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.

Technoprobe SpA Inventory Turnover Related Terms

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Technoprobe SpA Business Description

Industry

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Traded in Other Exchanges

TPRO:Italy 0AB7:UK K8B:Germany

Address

Via Cavalieri di Vittorio Veneto, 2, Cernusco Lombardone, ITA, 23870

Website

https://www.technoprobe.com

Technoprobe SpA operates in the production of electronic circuits, and `mechanical interfaces for electrical contacting of hybrid circuits and semiconductor devices and it is specialized in the design, development and production of probe cards used to test the operation of chips. The company operates in Asia, America, Europe, and Italy and derives a majority of its revenue from Asia.

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