Fashion Bel Air (XPAR:ALFBA) Inventory Turnover: 0.65 (As of Sep. 2023)


XPAR:ALFBA Fashion Bel Air SA XPAR:ALFBA
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What is Fashion Bel Air Inventory Turnover?

Fashion Bel Air XPAR:ALFBA 4 Inventory Turnover is 0.65 as of Sep. 2023. GuruFocus rates XPAR:ALFBA with a GF Score™ of 4/100.

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. Fashion Bel Air's Cost of Goods Sold for the six months ended in Sep. 2023 was €1.69 Mil. Fashion Bel Air's Average Total Inventories for the quarter that ended in Sep. 2023 was €2.58 Mil. Fashion Bel Air's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.65.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Fashion Bel Air's Days Inventory for the six months ended in Sep. 2023 was 279.00.

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. Fashion Bel Air's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 1.46.


Fashion Bel Air  (XPAR:ALFBA) 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.

Fashion Bel Air's Days Inventory for the six months ended in Sep. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=2.5775/1.686*365 / 2
=279.00

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.

Fashion Bel Air's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=2.5775 / 1.769
=1.46

* 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.


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.


Fashion Bel Air Inventory Turnover Related Terms


Fashion Bel Air Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Fashion Bel Air'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.

Fashion Bel Air Inventory Turnover Chart

Fashion Bel Air Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar21 Mar22
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.28 1.11 1.08 0.89 1.24

Fashion Bel Air Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar21 Mar22 Sep22 Sep23
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.75 0.65
XPAR:ALFBA
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Fashion Bel Air SA XPAR:ALFBA
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Fashion Bel Air Inventory Turnover Calculation

Fashion Bel Air's Inventory Turnover for the fiscal year that ended in Mar. 2022 is calculated as

Inventory Turnover (A: Mar. 2022 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2022 ) / ((Total Inventories (A: Mar. 2021 ) + Total Inventories (A: Mar. 2022 )) / count )
=4.617 / ((4.115 + 3.343) / 2 )
=4.617 / 3.729
=1.24

Fashion Bel Air's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover (Q: Sep. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2023 ) / ((Total Inventories (Q: Sep. 2022 ) + Total Inventories (Q: Sep. 2023 )) / count )
=1.686 / ((3.007 + 2.148) / 2 )
=1.686 / 2.5775
=0.65

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 0.65 mean?
Fashion Bel Air (XPAR:ALFBA) has a Inventory Turnover of 0.65 as of Sep. 2023. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Fashion Bel Air and its competitors.
Is Fashion Bel Air's Inventory Turnover too high?
Fashion Bel Air's current Inventory Turnover is 0.65. Overall, Fashion Bel Air has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Fashion Bel Air's Inventory Turnover compare to TJX and LULU?
Fashion Bel Air's Inventory Turnover of 0.65 can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Retail - Cyclical company?
A good Inventory Turnover depends on the Retail - Cyclical industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Fashion Bel Air and its competitors. Fashion Bel Air's current Inventory Turnover is 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fashion Bel Air stock overvalued right now?
Fashion Bel Air (XPAR:ALFBA) has a current Inventory Turnover of 0.65. The current Inventory Turnover is 0.65. Fashion Bel Air's overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Fashion Bel Air (XPAR:ALFBA), the current Inventory Turnover is 0.65 as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Fashion Bel Air Business Description

Address 210 rue de Saint Denis, Paris, FRA, 75002
Fashion Bel Air SA is engaged in the business of manufacturing women's clothing in France.
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