Urbas Grupo Financiero (XMAD:UBS) Inventory Turnover : 0.12 (As of Jun. 2024)

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What is Urbas Grupo Financiero 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. Urbas Grupo Financiero's Cost of Goods Sold for the six months ended in Jun. 2024 was €73.5 Mil. Urbas Grupo Financiero's Average Total Inventories for the quarter that ended in Jun. 2024 was €628.9 Mil. Urbas Grupo Financiero's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.12.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Urbas Grupo Financiero's Days Inventory for the six months ended in Jun. 2024 was 1,561.37.

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. Urbas Grupo Financiero's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 5.64.

Urbas Grupo Financiero Inventory Turnover Historical Data

The historical data trend for Urbas Grupo Financiero'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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Urbas Grupo Financiero Inventory Turnover Chart

Urbas Grupo Financiero Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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0.01

0.04

0.25

0.30

0.22

Urbas Grupo Financiero Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Inventory Turnover	Get a 7-Day Free Trial															0.16	0.14	0.15	0.08	0.12

Urbas Grupo Financiero Inventory Turnover Calculation

Urbas Grupo Financiero'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 )
=	142.697	/ (	(641.333	+	630.427)	/	2 )
=	142.697	/	635.88
=	0.22

Urbas Grupo Financiero's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

	Inventory Turnover (Q: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )
=	73.506	/ (	(630.427	+	627.331)	/	2 )
=	73.506	/	628.879
=	0.12

Urbas Grupo Financiero (XMAD:UBS) 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.

Urbas Grupo Financiero's Days Inventory for the six months ended in Jun. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2024 )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
	=	628.879	/	73.506	*	365 / 2
	=	1,561.37

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.

Urbas Grupo Financiero's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	628.879	/	111.578
	=	5.64

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.

Urbas Grupo Financiero Inventory Turnover Related Terms

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Urbas Grupo Financiero Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Urbas Grupo Financiero SA (XMAD:UBS) » Definitions » Inventory Turnover

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Traded in Other Exchanges

0OJY:UK UZY:Germany

Address

C / Santa Cruz de Marcenado, 4, Madrid, ESP, 28006

Website

http://www.grupourbas.com

Urbas Grupo Financiero SA is a Spain-based company mainly engaged in the real estate sector. Its activities include the acquisition, development, and sale of land and properties, mainly in the regions of Guadalajara and Almeria.