Aedas Homes (XMAD:AEDAS) Inventory Turnover : 0.44 (As of Mar. 2024)

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What is Aedas Homes 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. Aedas Homes's Cost of Goods Sold for the six months ended in Mar. 2024 was €714 Mil. Aedas Homes's Average Total Inventories for the quarter that ended in Mar. 2024 was €1,639 Mil. Aedas Homes's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.44.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Aedas Homes's Days Inventory for the six months ended in Mar. 2024 was 419.17.

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. Aedas Homes's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.79.

Aedas Homes Inventory Turnover Historical Data

The historical data trend for Aedas Homes'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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Aedas Homes Inventory Turnover Chart

Aedas Homes Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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0.18

0.37

0.38

0.44

0.59

Aedas Homes Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Inventory Turnover	Get a 7-Day Free Trial										0.25	0.10	0.32	0.10	0.44

Aedas Homes Inventory Turnover Calculation

Aedas Homes's Inventory Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Inventory Turnover (A: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2024 )	/ (	(Total Inventories (A: Mar. 2023 )	+	Total Inventories (A: Mar. 2024 ))	/	count )
=	888.183	/ (	(1587.026	+	1444.626)	/	2 )
=	888.183	/	1515.826
=	0.59

Aedas Homes's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	713.712	/ (	(1833.927	+	1444.626)	/	2 )
=	713.712	/	1639.2765
=	0.44

Aedas Homes (XMAD:AEDAS) 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.

Aedas Homes's Days Inventory for the six months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	1639.2765	/	713.712	*	365 / 2
	=	419.17

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.

Aedas Homes's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	1639.2765	/	914.631
	=	1.79

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.

Aedas Homes Inventory Turnover Related Terms

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Aedas Homes (XMAD:AEDAS) Business Description

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Address

Paseo de la Castellana, 42, planta 8, Madrid, ESP, 28046

Website

https://www.aedashomes.com

Aedas Homes SA is a Spain based company engages in the acquisition and development of properties. It is a real estate developer that offers different types of homes in Spain, including apartments, houses, villas, duplexes and others. The company focuses on Alicante, Barcelona, Madrid, Malaga, Mallorca, Seville, and other regions of Spain.

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