Groupe Tera (XPAR:ALGTR) Inventory Turnover : 3.26 (As of Dec. 2023)

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What is Groupe Tera 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. Groupe Tera's Cost of Goods Sold for the six months ended in Dec. 2023 was €3.14 Mil. Groupe Tera's Average Total Inventories for the quarter that ended in Dec. 2023 was €0.96 Mil. Groupe Tera's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.26.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Groupe Tera's Days Inventory for the six months ended in Dec. 2023 was 56.04.

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. Groupe Tera's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.17.

Groupe Tera Inventory Turnover Historical Data

The historical data trend for Groupe Tera'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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Groupe Tera Inventory Turnover Chart

Groupe Tera Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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8.75

8.48

9.10

7.74

7.25

Groupe Tera Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial							4.57	4.21	3.64	4.26	3.26

Groupe Tera Inventory Turnover Calculation

Groupe Tera'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 )
=	7.077	/ (	(0.937	+	1.016)	/	2 )
=	7.077	/	0.9765
=	7.25

Groupe Tera'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 )
=	3.141	/ (	(0.913	+	1.016)	/	2 )
=	3.141	/	0.9645
=	3.26

Groupe Tera (XPAR:ALGTR) 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.

Groupe Tera'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
	=	0.9645	/	3.141	*	365 / 2
	=	56.04

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.

Groupe Tera'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 )
	=	0.9645	/	5.71
	=	0.17

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.

Groupe Tera Inventory Turnover Related Terms

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Groupe Tera (XPAR:ALGTR) Business Description

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Address

628 Rue Charles De Gaulle, Crolles, FRA, 38920

Website

http://www.groupe-tera.com

Groupe Tera SA is engaged in the field of measuring and monitoring air quality. The group works for the environmental, high technology and health sector to assist with the chemical characterisation of environment. It provides both the design of sensors for measuring the air quality and the laboratory analysis of the pollutants in the ambient air and in industrial discharges.

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