Hydratec Industries NV (XAMS:HYDRA) Inventory Turnover : 2.00 (As of Dec. 2023)

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What is Hydratec Industries 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. Hydratec Industries NV's Cost of Goods Sold for the six months ended in Dec. 2023 was €83.1 Mil. Hydratec Industries NV's Average Total Inventories for the quarter that ended in Dec. 2023 was €41.6 Mil. Hydratec Industries NV's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hydratec Industries NV's Days Inventory for the six months ended in Dec. 2023 was 91.40.

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. Hydratec Industries NV's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.28.

Hydratec Industries NV Inventory Turnover Historical Data

The historical data trend for Hydratec Industries 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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Hydratec Industries NV Inventory Turnover Chart

Hydratec Industries NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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3.76

3.71

4.55

4.16

3.65

Hydratec Industries NV Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															2.57	1.70	2.48	1.45	2.00

Hydratec Industries NV Inventory Turnover Calculation

Hydratec Industries 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 )
=	146.283	/ (	(41.966	+	38.215)	/	2 )
=	146.283	/	40.0905
=	3.65

Hydratec Industries NV's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	83.056	/ (	(44.973	+	38.215)	/	2 )
=	83.056	/	41.594
=	2.00

Hydratec Industries NV (XAMS:HYDRA) 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.

Hydratec Industries NV's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	41.594	/	83.056	*	365 / 2
	=	91.40

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.

Hydratec Industries NV's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	41.594	/	149.052
	=	0.28

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.

Hydratec Industries NV Inventory Turnover Related Terms

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Hydratec Industries NV (XAMS:HYDRA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Hydratec Industries NV (XAMS:HYDRA) » Definitions » Inventory Turnover

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Traded in Other Exchanges

HYDRAa:UK

Address

Nijverheidsweg Noord 59B, P.O. Box 328, Amersfoort, NLD, 3800 AH

Website

http://www.hydratec.nl

Hydratec Industries NV is an industrial holding company which supplies high-quality industrial systems and components. The business activity of the group includes designing, developing and producing agricultural and food equipment; and plastics-parts and packaging products. It holds strong positions in the global agricultural and food markets; and Benelux and German plastic products and packaging industries. Geographically, the activities are carried out through the Netherlands.

Hydratec Industries NV (XAMS:HYDRA) Headlines

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