GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Prismaflex International (XPAR:ALPRI) » Definitions » Inventory Turnover

Prismaflex International (XPAR:ALPRI) Inventory Turnover : 1.31 (As of Sep. 2023)


View and export this data going back to 2014. Start your Free Trial

What is Prismaflex International 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. Prismaflex International's Cost of Goods Sold for the six months ended in Sep. 2023 was €10.57 Mil. Prismaflex International's Average Total Inventories for the quarter that ended in Sep. 2023 was €8.04 Mil. Prismaflex International's Inventory Turnover for the quarter that ended in Sep. 2023 was 1.31.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Prismaflex International's Days Inventory for the six months ended in Sep. 2023 was 138.82.

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. Prismaflex International's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.30.


Prismaflex International Inventory Turnover Historical Data

The historical data trend for Prismaflex International'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.

* Premium members only.

Prismaflex International Inventory Turnover Chart

Prismaflex International Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.14 2.28 2.15 2.11 2.62

Prismaflex International Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 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 Premium Member Only Premium Member Only Premium Member Only 1.13 1.03 1.28 1.27 1.31

Prismaflex International Inventory Turnover Calculation

Prismaflex International's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Inventory Turnover (A: Mar. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2023 ) / ((Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count )
=25.076 / ((10.49 + 8.617) / 2 )
=25.076 / 9.5535
=2.62

Prismaflex International'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 )
=10.568 / ((8.617 + 7.46) / 2 )
=10.568 / 8.0385
=1.31

* 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.


Prismaflex International  (XPAR:ALPRI) 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.

Prismaflex International'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
=8.0385/10.568*365 / 2
=138.82

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.

Prismaflex International'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 )
=8.0385 / 26.631
=0.30

* 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.


Prismaflex International Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Prismaflex International's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Prismaflex International (XPAR:ALPRI) Business Description

Traded in Other Exchanges
N/A
Address
Zone d'Activités, Haute-Rivoire, FRA, 69160
Prismaflex International is a manufacturer of outdoor advertising solutions and digital printing. The company offers outdoor communication solutions, including digital LED displays, scrolling signs, trivisions, light boxes, static signs and dry posting products, and face tensioning hardware solutions, as well as steel furniture, such as city lights, display columns, and bus shelters.

Prismaflex International (XPAR:ALPRI) Headlines

No Headlines