Apator (WAR:APT) Inventory Turnover : 0.95 (As of Sep. 2024)

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What is Apator 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. Apator's Cost of Goods Sold for the three months ended in Sep. 2024 was zł216 Mil. Apator's Average Total Inventories for the quarter that ended in Sep. 2024 was zł228 Mil. Apator's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.95.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Apator's Days Inventory for the three months ended in Sep. 2024 was 96.31.

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. Apator's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.78.

Apator Inventory Turnover Historical Data

The historical data trend for Apator'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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Apator Inventory Turnover Chart

Apator Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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4.09

4.69

3.73

3.50

3.57

Apator Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Inventory Turnover	Get a 7-Day Free Trial															0.78	0.86	0.97	1.10	0.95

Apator Inventory Turnover Calculation

Apator'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 )
=	881.346	/ (	(251.617	+	242.296)	/	2 )
=	881.346	/	246.9565
=	3.57

Apator's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

	Inventory Turnover (Q: Sep. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	215.716	/ (	(220.518	+	234.819)	/	2 )
=	215.716	/	227.6685
=	0.95

Apator (WAR:APT) 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.

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

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	227.6685	/	215.716	*	365 / 4
	=	96.31

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.

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

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	227.6685	/	292.645
	=	0.78

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.

Apator Inventory Turnover Related Terms

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Apator Business Description

Industry

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Address

ul. Gda?ska 4a, lok C4, Torun, POL, 87-100

Website

http://oferta.apator.eu

Apator SA manufactures and sells metering and switchgear equipment in Poland and internationally. Its products include electricity meters, such as smart, electronic, prepayment, and induction meters, as well as smart grid systems comprising remote data read out and prepayment systems; and water meters, heat meters and volume parts for heat meters, heating cost allocators, remote reading systems, installation fittings, test and measurement products, and other products.