Holaluz-Clidom (XMAD:HLZ) Inventory Turnover : 50.02 (As of Dec. 2023)

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What is Holaluz-Clidom 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. Holaluz-Clidom's Cost of Goods Sold for the six months ended in Dec. 2023 was €251.0 Mil. Holaluz-Clidom's Average Total Inventories for the quarter that ended in Dec. 2023 was €5.0 Mil. Holaluz-Clidom's Inventory Turnover for the quarter that ended in Dec. 2023 was 50.02.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Holaluz-Clidom's Days Inventory for the six months ended in Dec. 2023 was 3.65.

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. Holaluz-Clidom's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.02.

Holaluz-Clidom Inventory Turnover Historical Data

The historical data trend for Holaluz-Clidom'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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Holaluz-Clidom Inventory Turnover Chart

Holaluz-Clidom Annual Data

Trend

Sep19

Sep20

Dec21

Dec22

Dec23

Inventory Turnover

5,599.44

6,055.18

787.85

123.28

64.06

Holaluz-Clidom Semi-Annual Data
	Mar19	Sep19	Mar20	Sep20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial					542.43	173.55	35.78	31.24	50.02

Holaluz-Clidom Inventory Turnover Calculation

Holaluz-Clidom'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 )
=	543.096	/ (	(12.81	+	4.145)	/	2 )
=	543.096	/	8.4775
=	64.06

Holaluz-Clidom'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 )
=	250.98	/ (	(5.891	+	4.145)	/	2 )
=	250.98	/	5.018
=	50.02

Holaluz-Clidom (XMAD:HLZ) 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.

Holaluz-Clidom'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
	=	5.018	/	250.98	*	365 / 2
	=	3.65

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.

Holaluz-Clidom'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 )
	=	5.018	/	291.026
	=	0.02

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.

Holaluz-Clidom Inventory Turnover Related Terms

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Holaluz-Clidom (XMAD:HLZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Holaluz-Clidom SA (XMAD:HLZ) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

4H2:Germany

Address

Paseo Juan de Borbon 99-101, 4th Floor, Barcelona, ESP, 08039

Website

https://www.holaluz.com

Holaluz-Clidom SA is a renewable energy company providing green energy. The company's main activity is commercialization of energy in general. Its Holaluz Cloud is a system that allows surplus energy, i.e. energy produced by customers' solar panels that cannot be consumed at the moment, to be deducted from the electricity bill.

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