Alfa Plam a.d (XBEL:ALFA) Inventory Turnover: 0.62 (As of Jun. 2022)

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XBEL:ALFA Alfa Plam a.d XBEL:ALFA
19 GF Score
Price RSD21,010.00
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What is Alfa Plam a.d Inventory Turnover?

Alfa Plam a.d XBEL:ALFA 19 Inventory Turnover is 0.62 as of Jun. 2022. GuruFocus rates XBEL:ALFA with a GF Score™ of 19/100.

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. Alfa Plam a.d's Cost of Goods Sold for the six months ended in Jun. 2022 was RSD2,131 Mil. Alfa Plam a.d's Average Total Inventories for the quarter that ended in Jun. 2022 was RSD3,413 Mil. Alfa Plam a.d's Inventory Turnover for the quarter that ended in Jun. 2022 was 0.62.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Alfa Plam a.d's Days Inventory for the six months ended in Jun. 2022 was 292.32.

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. Alfa Plam a.d's Inventory-to-Revenue for the quarter that ended in Jun. 2022 was 0.89.

Alfa Plam a.d  (XBEL:ALFA) 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.

Alfa Plam a.d's Days Inventory for the six months ended in Jun. 2022 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2022 )/Cost of Goods Sold (Q: Jun. 2022 )*Days in Period
=3412.866/2130.742*365 / 2
=292.32

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.

Alfa Plam a.d's Inventory to Revenue for the quarter that ended in Jun. 2022 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2022 ) / Revenue (Q: Jun. 2022 )
=3412.866 / 3840.741
=0.89

* 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.

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.

Alfa Plam a.d Inventory Turnover Related Terms

Alfa Plam a.d Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Alfa Plam a.d'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.

Alfa Plam a.d Inventory Turnover Chart

Alfa Plam a.d Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.72 1.48 1.38 1.58 1.83

Alfa Plam a.d Semi-Annual Data
Dec11 Dec12 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.47 1.07 0.80 0.99 0.62
XBEL:ALFA
19GF Score
Alfa Plam a.d XBEL:ALFA
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Alfa Plam a.d Inventory Turnover Calculation

Alfa Plam a.d's Inventory Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Inventory Turnover (A: Dec. 2021 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2021 ) / ((Total Inventories (A: Dec. 2020 ) + Total Inventories (A: Dec. 2021 )) / count )
=4446.308 / ((2063.448 + 2783.019) / 2 )
=4446.308 / 2423.2335
=1.83

Alfa Plam a.d's Inventory Turnover for the quarter that ended in Jun. 2022 is calculated as

Inventory Turnover (Q: Jun. 2022 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2022 ) / ((Total Inventories (Q: Dec. 2021 ) + Total Inventories (Q: Jun. 2022 )) / count )
=2130.742 / ((2783.019 + 4042.713) / 2 )
=2130.742 / 3412.866
=0.62

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 0.62 mean?
Alfa Plam a.d (XBEL:ALFA) has a Inventory Turnover of 0.62 as of Jun. 2022. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Alfa Plam a.d and its competitors.
Is Alfa Plam a.d's Inventory Turnover too high?
Alfa Plam a.d's current Inventory Turnover is 0.62. Overall, Alfa Plam a.d has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Alfa Plam a.d's Inventory Turnover compare to WHR and FBHS?
Alfa Plam a.d's Inventory Turnover of 0.62 can be compared against companies in the Furnishings, Fixtures & Appliances industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Furnishings, Fixtures & Appliances company?
A good Inventory Turnover depends on the Furnishings, Fixtures & Appliances industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Alfa Plam a.d and its competitors. Alfa Plam a.d's current Inventory Turnover is 0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alfa Plam a.d stock overvalued right now?
Alfa Plam a.d (XBEL:ALFA) has a current Inventory Turnover of 0.62. The current Inventory Turnover is 0.62. Alfa Plam a.d's overall GF Score™ is 19/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Alfa Plam a.d (XBEL:ALFA), the current Inventory Turnover is 0.62 as of Jun. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Alfa Plam a.d Business Description

Address Radnicka 1, Vranje, SRB, 17500
Alfa Plam a.d is a manufacturer of non-electric household appliances. The company's product offerings include solid fuel furnaces and stoves, solid fuel fireplaces and stoves, gas furnaces, central heating stoves, boilers, electric and electric gas programs. The company markets its products in the domestic as well as in Europe's markets. The products of Alfa-Plam are primarily intended for the households market.
19GF Score

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Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RSD21,010.00
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