Sever Holding AD (XBUL:SEVH) Inventory Turnover : 1.13 (As of Dec. 2023)

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What is Sever Holding 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. Sever Holding AD's Cost of Goods Sold for the six months ended in Dec. 2023 was лв3.42 Mil. Sever Holding AD's Average Total Inventories for the quarter that ended in Dec. 2023 was лв3.02 Mil. Sever Holding AD's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.13.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sever Holding AD's Days Inventory for the six months ended in Dec. 2023 was 161.17.

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. Sever Holding AD's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.66.

Sever Holding AD Inventory Turnover Historical Data

The historical data trend for Sever Holding 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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Sever Holding AD Inventory Turnover Chart

Sever Holding AD Annual Data

Trend

Dec21

Dec22

Dec23

Inventory Turnover

2.04

2.60

1.92

Sever Holding AD Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	-	0.94	1.66	1.00	1.13

Sever Holding AD Inventory Turnover Calculation

Sever Holding AD'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 )
=	5.091	/ (	(1.299	+	4.016)	/	2 )
=	5.091	/	2.6575
=	1.92

Sever Holding AD'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 )
=	3.422	/ (	(2.028	+	4.016)	/	2 )
=	3.422	/	3.022
=	1.13

Sever Holding AD (XBUL:SEVH) 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.

Sever Holding AD'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
	=	3.022	/	3.422	*	365 / 2
	=	161.17

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.

Sever Holding AD'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 )
	=	3.022	/	4.573
	=	0.66

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.

Sever Holding AD Inventory Turnover Related Terms

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Sever Holding AD Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Sever Holding AD (XBUL:SEVH) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Tsar Asen Street I, No 5, 3rd Floor, Varna, BGR, 9000

Website

http://www.sever-holding.com

Sever Holding AD main activity of the holding is related to the acquisition, management, evaluation and sale of shares and/or shareholdings in Bulgarian and foreign companies.

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