Haffner Energy (XPAR:ALHAF) Inventory Turnover : -0.02 (As of Sep. 2023)

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What is Haffner Energy 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. Haffner Energy's Cost of Goods Sold for the six months ended in Sep. 2023 was €-0.07 Mil. Haffner Energy's Average Total Inventories for the quarter that ended in Sep. 2023 was €3.34 Mil. Haffner Energy's Inventory Turnover for the quarter that ended in Sep. 2023 was -0.02.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

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.

Haffner Energy Inventory Turnover Historical Data

The historical data trend for Haffner Energy'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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Haffner Energy Inventory Turnover Chart

Haffner Energy Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Inventory Turnover

Haffner Energy Semi-Annual Data
	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Inventory Turnover	Get a 7-Day Free Trial			-	-	-	2.30	-0.02

Haffner Energy Inventory Turnover Calculation

Haffner Energy'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 )
=	0.503	/ (	(0	+	0)	/	1 )
=	0.503	/	0
=	N/A

Haffner Energy'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: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	-0.072	/ (	(0.25	+	6.422)	/	2 )
=	-0.072	/	3.336
=	-0.02

Haffner Energy (XPAR:ALHAF) 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.

Haffner Energy'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
	=	3.336	/	-0.072	*	365 / 2
	=

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.

Haffner Energy'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 )
	=	3.336	/	-0.325
	=

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.

Haffner Energy Inventory Turnover Related Terms

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Haffner Energy (XPAR:ALHAF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Haffner Energy SA (XPAR:ALHAF) » Definitions » Inventory Turnover

Traded in Other Exchanges

X1B:Germany

Address

2 place de la Gare, Parc de l'Angevinière, Vitry-le-François, FRA, 51300

Website

https://www.haffner-energy.com

Haffner Energy SA is the designer and builder of HYNOCA, a disruptive carbon-negative solution for producing competitive renewable hydrogen.

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