Drone Volt (XPAR:ALDRV) Inventory Turnover : 2.24 (As of Dec. 2022)

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What is Drone Volt 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. Drone Volt's Cost of Goods Sold for the six months ended in Dec. 2022 was €7.57 Mil. Drone Volt's Average Total Inventories for the quarter that ended in Dec. 2022 was €3.38 Mil. Drone Volt's Inventory Turnover for the quarter that ended in Dec. 2022 was 2.24.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Drone Volt's Days Inventory for the six months ended in Dec. 2022 was 81.39.

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. Drone Volt's Inventory-to-Revenue for the quarter that ended in Dec. 2022 was 0.35.

Drone Volt Inventory Turnover Historical Data

The historical data trend for Drone Volt'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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Drone Volt Inventory Turnover Chart

Drone Volt Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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2.74

2.14

2.16

3.10

5.57

Drone Volt Semi-Annual Data
	Dec12	Dec13	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Dec23
Inventory Turnover	Get a 7-Day Free Trial															0.98	1.20	0.85	2.24	-

Drone Volt Inventory Turnover Calculation

Drone Volt'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 )
=	20.32	/ (	(3.439	+	3.853)	/	2 )
=	20.32	/	3.646
=	5.57

Drone Volt's Inventory Turnover for the quarter that ended in Dec. 2022 is calculated as

	Inventory Turnover (Q: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2022 )	/ (	(Total Inventories (Q: Jun. 2022 )	+	Total Inventories (Q: Dec. 2022 ))	/	count )
=	7.568	/ (	(3.311	+	3.439)	/	2 )
=	7.568	/	3.375
=	2.24

Drone Volt (XPAR:ALDRV) 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.

Drone Volt's Days Inventory for the six months ended in Dec. 2022 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2022 )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
	=	3.375	/	7.568	*	365 / 2
	=	81.39

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.

Drone Volt's Inventory to Revenue for the quarter that ended in Dec. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2022 )	/	Revenue (Q: Dec. 2022 )
	=	3.375	/	9.583
	=	0.35

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.

Drone Volt Inventory Turnover Related Terms

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Drone Volt (XPAR:ALDRV) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Drone Volt SA (XPAR:ALDRV) » Definitions » Inventory Turnover

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2DV:Germany

Address

14 Rue de la perdrix, Villepinte, FRA, 93420

Website

http://www.dronevolt.com

Drone Volt SA is engaged in the design, assembly and marketing of remote-controlled terrestrial and aerial drones for TV channels broadcasting, security and surveillance, transportation, agriculture and topography.

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