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Bonduelle (XPAR:BON) Inventory Turnover : 1.09 (As of Jun. 2024)


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What is Bonduelle 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. Bonduelle's Cost of Goods Sold for the six months ended in Jun. 2024 was €866 Mil. Bonduelle's Average Total Inventories for the quarter that ended in Jun. 2024 was €797 Mil. Bonduelle's Inventory Turnover for the quarter that ended in Jun. 2024 was 1.09.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bonduelle's Days Inventory for the six months ended in Jun. 2024 was 168.09.

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. Bonduelle's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.69.


Bonduelle Inventory Turnover Historical Data

The historical data trend for Bonduelle'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.

Bonduelle Inventory Turnover Chart

Bonduelle Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.23 2.37 2.46 2.69 2.45

Bonduelle Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 1.10 1.24 1.23 1.08 1.09

Bonduelle Inventory Turnover Calculation

Bonduelle's Inventory Turnover for the fiscal year that ended in Jun. 2024 is calculated as

Inventory Turnover (A: Jun. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jun. 2024 ) / ((Total Inventories (A: Jun. 2023 ) + Total Inventories (A: Jun. 2024 )) / count )
=1700.097 / ((668.08 + 720.881) / 2 )
=1700.097 / 694.4805
=2.45

Bonduelle's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover (Q: Jun. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2024 ) / ((Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Jun. 2024 )) / count )
=865.721 / ((873.878 + 720.881) / 2 )
=865.721 / 797.3795
=1.09

* 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.


Bonduelle  (XPAR:BON) 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.

Bonduelle's Days Inventory for the six months ended in Jun. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2024 )/Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=797.3795/865.721*365 / 2
=168.09

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.

Bonduelle's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=797.3795 / 1158.687
=0.69

* 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.


Bonduelle Inventory Turnover Related Terms

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Bonduelle Business Description

Traded in Other Exchanges
Address
Rue Nicolas Appert - BP 30173, Villeneuve d’Ascq, FRA, 59653
Bonduelle SA is engaged in the packaged foods industry. Its business mainly involves the processing and sale of packaged vegetables including ready-to-eat salads. The company sells its products in three forms, which are canned, frozen, and fresh processed vegetables, and markets them under the Bonduelle, Cassegrain, Globus, and Ready Pac Bistro brands. Its operating business segments are the Europe Zone and Non-Europe Zone. It generates maximum revenue from the Europe Zone segment.