Hydraulic Elements and Systems AD (XBUL:HES) Inventory Turnover : 1.82 (As of Dec. 2024)

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What is Hydraulic Elements and Systems AD 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. Hydraulic Elements and Systems AD's Cost of Goods Sold for the six months ended in Dec. 2024 was лв19.41 Mil. Hydraulic Elements and Systems AD's Average Total Inventories for the quarter that ended in Dec. 2024 was лв10.65 Mil. Hydraulic Elements and Systems AD's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.82.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hydraulic Elements and Systems AD's Days Inventory for the six months ended in Dec. 2024 was 100.18.

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. Hydraulic Elements and Systems AD's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.31.

Hydraulic Elements and Systems AD Inventory Turnover Historical Data

The historical data trend for Hydraulic Elements and Systems AD'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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Hydraulic Elements and Systems AD Inventory Turnover Chart

Hydraulic Elements and Systems AD Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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3.94

4.64

4.18

3.47

3.57

Hydraulic Elements and Systems AD Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															1.79	1.92	1.61	1.70	1.82

Hydraulic Elements and Systems AD Inventory Turnover Calculation

Hydraulic Elements and Systems AD's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Inventory Turnover (A: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2024 )	/ (	(Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )
=	39.278	/ (	(12.055	+	9.932)	/	2 )
=	39.278	/	10.9935
=	3.57

Hydraulic Elements and Systems AD's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	19.405	/ (	(11.372	+	9.932)	/	2 )
=	19.405	/	10.652
=	1.82

Hydraulic Elements and Systems AD (XBUL:HES) 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.

Hydraulic Elements and Systems AD's Days Inventory for the six months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	10.652	/	19.405	*	365 / 2
	=	100.18

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.

Hydraulic Elements and Systems AD's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	10.652	/	34.775
	=	0.31

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.

Hydraulic Elements and Systems AD Inventory Turnover Related Terms

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Hydraulic Elements and Systems AD Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hydraulic Elements and Systems AD (XBUL:HES) » Definitions » Inventory Turnover

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Address

1 Pirin Street, Yambol, BGR, 8600

Website

http://www.hes-co.com

Hydraulic Elements and Systems AD is a manufacturer of hydraulic machines & equipment. The Company designs, manufactures and services hydraulic cylinders, single-acting and double-acting piston cylinders.