Scanway S A (WAR:SCW) Inventory Turnover : 1.08 (As of Sep. 2024)

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What is Scanway S A 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. Scanway S A's Cost of Goods Sold for the three months ended in Sep. 2024 was zł0.44 Mil. Scanway S A's Average Total Inventories for the quarter that ended in Sep. 2024 was zł0.40 Mil. Scanway S A's Inventory Turnover for the quarter that ended in Sep. 2024 was 1.08.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Scanway S A's Days Inventory for the three months ended in Sep. 2024 was 84.46.

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. Scanway S A's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.13.

Scanway S A Inventory Turnover Historical Data

The historical data trend for Scanway S A'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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Scanway S A Inventory Turnover Chart

Scanway S A Annual Data

Trend

Dec21

Dec22

Dec23

Inventory Turnover

0.79

1.99

12.86

Scanway S A Quarterly Data
	Dec21	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Inventory Turnover	Get a 7-Day Free Trial					3.79	2.52	1.21	0.84	1.08

Scanway S A Inventory Turnover Calculation

Scanway S A'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 )
=	3.067	/ (	(0.134	+	0.343)	/	2 )
=	3.067	/	0.2385
=	12.86

Scanway S A'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 )
=	0.437	/ (	(0.49	+	0.319)	/	2 )
=	0.437	/	0.4045
=	1.08

Scanway S A (WAR:SCW) 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.

Scanway S A'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
	=	0.4045	/	0.437	*	365 / 4
	=	84.46

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.

Scanway S A'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 )
	=	0.4045	/	3.096
	=	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.

Scanway S A Inventory Turnover Related Terms

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Scanway S A Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

ul. Dunska 9, Wroclaw, POL, 54-427

Website

https://www.scanway.pl

Scanway S A is a Polish based company operating in the field of vision systems and optoelectronics. It creates solutions at the intersection of optics, electronics and software. The company's activities are divided into two branches - industrial and space. Space sector includes observation systems for satellites. Our specialists are the authors of, among others: the optical part of the EagleEye microsatellite observation system, cameras monitoring the maiden flight of Ariane-6, as well as a 3D laser system for the orientation of drilled particles in space. Industry it includes reducing production costs thanks to quality control of 100% of products or components in the production plant.

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