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Shelly Group SE (XBUL:SLYG) Inventory Turnover : 0.68 (As of Dec. 2024)


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What is Shelly Group SE 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. Shelly Group SE's Cost of Goods Sold for the three months ended in Dec. 2024 was лв30.0 Mil. Shelly Group SE's Average Total Inventories for the quarter that ended in Dec. 2024 was лв44.3 Mil. Shelly Group SE's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.68.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shelly Group SE's Days Inventory for the three months ended in Dec. 2024 was 134.84.

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. Shelly Group SE's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.54.

Shelly Group SE Inventory Turnover Historical Data

The historical data trend for Shelly Group SE'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.

Shelly Group SE Inventory Turnover Chart

Shelly Group SE Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Inventory Turnover
Get a 7-Day Free Trial 9.97 4.76 3.03 3.05 2.64

Shelly Group SE Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1.37 0.91 0.79 0.51 0.68

Shelly Group SE Inventory Turnover Calculation

Shelly Group SE'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 )
=84.277 / ((18.273 + 45.558) / 2 )
=84.277 / 31.9155
=2.64

Shelly Group SE'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: Sep. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count )
=30.006 / ((43.124 + 45.558) / 2 )
=30.006 / 44.341
=0.68

* 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.

Shelly Group SE  (XBUL:SLYG) 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.

Shelly Group SE's Days Inventory for the three 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
=44.341/30.006*365 / 4
=134.84

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.

Shelly Group SE'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 )
=44.341 / 81.666
=0.54

* 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.

Shelly Group SE Inventory Turnover Related Terms

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Shelly Group SE Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Shelly Group SE (XBUL:SLYG) » Definitions » Inventory Turnover
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XBUL:HRZ XBUL:IHB XBUL:CHIM XBUL:AGH ADX:IHC HON TSE:6501 TSE:8058 MMM TSE:8001 TSE:8031 HKSE:00267 ADX:ALPHADHABI TSE:8053 TSE:8002 MIL:PST TSE:4901 HKSE:00001 BSP:ITSA3 TSE:8015
Traded in Other Exchanges
SLYG:Germany
Address
53 Cherni Vrah Boulevard, Building 3, Lozenets Region, Sofia, BGR, 1407
Website
https://www.corporate.shelly.com
Shelly Group SE is engaged in the acquisition, management, evaluation, and sale of participations in Bulgarian & foreign companies; acquisition, management, and sale of bonds; acquisition, evaluation, sale, and patents. It delivers innovation through designing, producing, and distributing high-quality IoT products. It group manages the business with electronic devices as one operating segment. Its products include Smartwatches, Tracker, and Home automation. It derives the majority of its revenue from the sale of smart devices.
Executives
Dimitar Dimitrov Chief Executive Officer (CEO)
Nikolay Martinov Board of Directors