Aramis Group (XPAR:ARAMI) Inventory Turnover : 4.50 (As of Mar. 2024)

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What is Aramis Group 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. Aramis Group's Cost of Goods Sold for the six months ended in Mar. 2024 was €1,007 Mil. Aramis Group's Average Total Inventories for the quarter that ended in Mar. 2024 was €224 Mil. Aramis Group's Inventory Turnover for the quarter that ended in Mar. 2024 was 4.50.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Aramis Group's Days Inventory for the six months ended in Mar. 2024 was 40.54.

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. Aramis Group's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.20.

Aramis Group Inventory Turnover Historical Data

The historical data trend for Aramis Group'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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Aramis Group Inventory Turnover Chart

Aramis Group Annual Data

Trend

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Inventory Turnover

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8.66

9.70

9.51

9.30

8.87

Aramis Group Semi-Annual Data
	Sep18	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Inventory Turnover	Get a 7-Day Free Trial						3.72	3.79	4.04	3.97	4.50

Aramis Group Inventory Turnover Calculation

Aramis Group's Inventory Turnover for the fiscal year that ended in Sep. 2023 is calculated as

	Inventory Turnover (A: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Sep. 2023 )	/ (	(Total Inventories (A: Sep. 2022 )	+	Total Inventories (A: Sep. 2023 ))	/	count )
=	1796.552	/ (	(184.825	+	220.336)	/	2 )
=	1796.552	/	202.5805
=	8.87

Aramis Group's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	1006.812	/ (	(220.336	+	226.924)	/	2 )
=	1006.812	/	223.63
=	4.50

Aramis Group (XPAR:ARAMI) 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.

Aramis Group's Days Inventory for the six months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	223.63	/	1006.812	*	365 / 2
	=	40.54

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.

Aramis Group's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	223.63	/	1098.32
	=	0.20

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.

Aramis Group Inventory Turnover Related Terms

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Aramis Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Aramis Group SA (XPAR:ARAMI) » Definitions » Inventory Turnover

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Traded in Other Exchanges

0AAA:UK 6T6:Germany

Address

23 Avenue Aristide Briand, Arcueil, FRA, 94110

Website

https://www.aramis.group

Aramis Group SA is engaged in the online sales of used cars to private individuals in France, Belgium, Spain, and the United Kingdom. The principal business segments of the company are online vehicle distribution and the development of automotive services. It offers customers a wide range of automotive products and services in a seamless, intuitive, and immersive sales and purchasing experience, which can take place both fully online and fully offline through a network of customer centers. The company comprises four brands: Aramisauto, Cardoen, Clicars, and CarSupermarket, based in France, Belgium, Spain, and the United Kingdom, respectively.

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