Voluntis (XPAR:ALVTX) Inventory Turnover : 0.00 (As of Jun. 2021)

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What is Voluntis 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. Voluntis's Cost of Goods Sold for the six months ended in Jun. 2021 was €0.04 Mil. Voluntis's Average Total Inventories for the quarter that ended in Jun. 2021 was €0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Voluntis's Days Inventory for the six months ended in Jun. 2021 was 0.00.

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. Voluntis's Inventory-to-Revenue for the quarter that ended in Jun. 2021 was 0.00.

Voluntis Inventory Turnover Historical Data

The historical data trend for Voluntis'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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Voluntis Inventory Turnover Chart

Voluntis Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Inventory Turnover

Voluntis Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21
Inventory Turnover	Get a 7-Day Free Trial					-	-	-	-	-

Voluntis Inventory Turnover Calculation

Voluntis's Inventory Turnover for the fiscal year that ended in Dec. 2020 is calculated as

	Inventory Turnover (A: Dec. 2020 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2020 )	/ (	(Total Inventories (A: Dec. 2019 )	+	Total Inventories (A: Dec. 2020 ))	/	count )
=	0.249	/ (	(0	+	0)	/	1 )
=	0.249	/	0
=	N/A

Voluntis's Inventory Turnover for the quarter that ended in Jun. 2021 is calculated as

	Inventory Turnover (Q: Jun. 2021 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2021 )	/ (	(Total Inventories (Q: Dec. 2020 )	+	Total Inventories (Q: Jun. 2021 ))	/	count )
=	0.039	/ (	(0	+	0)	/	1 )
=	0.039	/	0
=	N/A

Voluntis (XPAR:ALVTX) 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.

Voluntis's Days Inventory for the six months ended in Jun. 2021 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2021 )	/	Cost of Goods Sold (Q: Jun. 2021 )	*	Days in Period
	=	0	/	0.039	*	365 / 2
	=	0.00

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.

Voluntis's Inventory to Revenue for the quarter that ended in Jun. 2021 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2021 )	/	Revenue (Q: Jun. 2021 )
	=	0	/	1.322
	=	0.00

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.

Voluntis Inventory Turnover Related Terms

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Voluntis (XPAR:ALVTX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Voluntis SA (XPAR:ALVTX) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

58, Avenue de Wagram, Paris, FRA, 75017

Website

http://www.voluntis.com

Voluntis SA is engaged in developing patient-centric digital health solutions. The company offers digital solutions for diabetes, respiratory diseases, cancer, anticoagulation treatments, and haemophilia. The Company operates in a single segment: Development of therapeutic digital solutions based on its Theraxium platform.

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