Ackermans & Van Haaren NV (WBO:ACKB) Inventory Turnover : 4.39 (As of Jun. 2024)

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What is Ackermans & Van Haaren NV 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. Ackermans & Van Haaren NV's Cost of Goods Sold for the six months ended in Jun. 2024 was €1,880 Mil. Ackermans & Van Haaren NV's Average Total Inventories for the quarter that ended in Jun. 2024 was €429 Mil. Ackermans & Van Haaren NV's Inventory Turnover for the quarter that ended in Jun. 2024 was 4.39.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ackermans & Van Haaren NV's Days Inventory for the six months ended in Jun. 2024 was 41.62.

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. Ackermans & Van Haaren NV's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.15.

Ackermans & Van Haaren NV Inventory Turnover Historical Data

The historical data trend for Ackermans & Van Haaren NV'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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Ackermans & Van Haaren NV Inventory Turnover Chart

Ackermans & Van Haaren NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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6.34

5.04

7.11

7.49

8.52

Ackermans & Van Haaren NV Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Inventory Turnover	Get a 7-Day Free Trial															3.70	3.69	3.92	4.43	4.39

Ackermans & Van Haaren NV Inventory Turnover Calculation

Ackermans & Van Haaren NV'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 )
=	3430.645	/ (	(389.71	+	415.778)	/	2 )
=	3430.645	/	402.744
=	8.52

Ackermans & Van Haaren NV'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 )
=	1879.752	/ (	(415.778	+	441.568)	/	2 )
=	1879.752	/	428.673
=	4.39

Ackermans & Van Haaren NV (WBO:ACKB) 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.

Ackermans & Van Haaren NV'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
	=	428.673	/	1879.752	*	365 / 2
	=	41.62

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.

Ackermans & Van Haaren NV'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 )
	=	428.673	/	2885.58
	=	0.15

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.

Ackermans & Van Haaren NV Inventory Turnover Related Terms

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Ackermans & Van Haaren NV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ackermans & Van Haaren NV (WBO:ACKB) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

AVHNF:USA ACKBb:UK 0GYM:UK B3K:Germany ACKB:Belgium

Address

Begijnenvest 113, Antwerp, BEL, 2000

Website

https://www.avh.be

Ackermans & Van Haaren NV is a global investment company with five core business segments, including Marine Engineering and Contracting, Private Banking, Real Estate and Senior Care, Energy and resources, and AvH and Growth Capital. The company has a long-term, activist orientation focused on making investments in growth companies with international exposure. A plurality of its net profit mix is derived from its Marine Engineering & Contracting segment, followed closely by its Private Banking & real estate and senior care division.

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