Fluxys Belgium (XBRU:FLUX) Inventory Turnover : 4.33 (As of Jun. 2024)

View and export this data going back to 1996. Start your Free Trial

What is Fluxys Belgium 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. Fluxys Belgium's Cost of Goods Sold for the six months ended in Jun. 2024 was €220.0 Mil. Fluxys Belgium's Average Total Inventories for the quarter that ended in Jun. 2024 was €50.9 Mil. Fluxys Belgium's Inventory Turnover for the quarter that ended in Jun. 2024 was 4.33.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Fluxys Belgium's Days Inventory for the six months ended in Jun. 2024 was 42.18.

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. Fluxys Belgium's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.15.

Fluxys Belgium Inventory Turnover Historical Data

The historical data trend for Fluxys Belgium'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.

* Premium members only.

Fluxys Belgium Inventory Turnover Chart

Fluxys Belgium Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

13.51

13.04

10.89

17.98

9.07

Fluxys Belgium 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															4.99	10.16	3.32	3.45	4.33

Fluxys Belgium Inventory Turnover Calculation

Fluxys Belgium'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 )
=	513.023	/ (	(62.656	+	50.443)	/	2 )
=	513.023	/	56.5495
=	9.07

Fluxys Belgium'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 )
=	220.035	/ (	(50.443	+	51.26)	/	2 )
=	220.035	/	50.8515
=	4.33

Fluxys Belgium (XBRU:FLUX) 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.

Fluxys Belgium'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
	=	50.8515	/	220.035	*	365 / 2
	=	42.18

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.

Fluxys Belgium'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 )
	=	50.8515	/	350.3
	=	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.

Fluxys Belgium Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Fluxys Belgium's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Fluxys Belgium Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Fluxys Belgium SA (XBRU:FLUX) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

0Q7U:UK 59FE:Germany

Address

Avenue des Arts 31, Brussels, BEL, B-1040

Website

https://www.fluxys.com

Fluxys Belgium SA is the transmission and storage of natural gas as well as terminalling services for liquefied natural gas (LNG) in Belgium. It also provides complementary services related to these main activities. Its operating segment includes Transmission; Storage, Terminalling, and others. The company generates maximum revenue from the Transmission segment.