Making Science Group (XMAD:MAKS) Inventory Turnover : 28.27 (As of Jun. 2023)

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What is Making Science Group 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. Making Science Group's Cost of Goods Sold for the six months ended in Jun. 2023 was €82.0 Mil. Making Science Group's Average Total Inventories for the quarter that ended in Jun. 2023 was €2.9 Mil. Making Science Group's Inventory Turnover for the quarter that ended in Jun. 2023 was 28.27.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Making Science Group's Days Inventory for the six months ended in Jun. 2023 was 6.46.

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. Making Science Group's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.03.

Making Science Group Inventory Turnover Historical Data

The historical data trend for Making Science Group'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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Making Science Group Inventory Turnover Chart

Making Science Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

42.32

64.22

Making Science Group Semi-Annual Data
	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Inventory Turnover	Get a 7-Day Free Trial				17.81	25.05	33.10	30.85	28.27

Making Science Group Inventory Turnover Calculation

Making Science Group's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	151.923	/ (	(1.842	+	2.889)	/	2 )
=	151.923	/	2.3655
=	64.22

Making Science Group's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

	Inventory Turnover (Q: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2023 )	/ (	(Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )
=	81.95	/ (	(2.889	+	2.909)	/	2 )
=	81.95	/	2.899
=	28.27

Making Science Group (XMAD:MAKS) 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.

Making Science Group's Days Inventory for the six months ended in Jun. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2023 )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
	=	2.899	/	81.95	*	365 / 2
	=	6.46

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.

Making Science Group's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	2.899	/	113.909
	=	0.03

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.

Making Science Group Inventory Turnover Related Terms

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Making Science Group (XMAD:MAKS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Making Science Group SA (XMAD:MAKS) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

ALMKS:France

Address

Calle López de Hoyos 135, 3rd floor, Madrid, ESP, 28002

Website

https://www.makingscience.com

Making Science Group SA is engaged in the business of technology and marketing solutions for the digital business. The company provides solutions in areas of digital marketing, data analytics, e-commerce, and cloud. The company carries out its professional activity in 10 countries: United States, Spain, Portugal, Ireland, Georgia, Italy, France, United Kingdom, Mexico, Colombia. The Company obtains its income mainly from advertising and public relations services.

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