Clariane SE (XPAR:CLARI) Inventory Turnover : 6.81 (As of Dec. 2023)

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What is Clariane SE 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. Clariane SE's Cost of Goods Sold for the six months ended in Dec. 2023 was €198 Mil. Clariane SE's Average Total Inventories for the quarter that ended in Dec. 2023 was €29 Mil. Clariane SE's Inventory Turnover for the quarter that ended in Dec. 2023 was 6.81.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Clariane SE's Days Inventory for the six months ended in Dec. 2023 was 26.79.

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. Clariane SE's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.01.

Clariane SE Inventory Turnover Historical Data

The historical data trend for Clariane SE'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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Clariane SE Inventory Turnover Chart

Clariane SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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10.85

8.48

9.60

12.38

14.17

Clariane SE Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															3.98	6.11	6.71	7.01	6.81

Clariane SE Inventory Turnover Calculation

Clariane SE's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	403.297	/ (	(28.623	+	28.297)	/	2 )
=	403.297	/	28.46
=	14.17

Clariane SE's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	198.163	/ (	(29.873	+	28.297)	/	2 )
=	198.163	/	29.085
=	6.81

Clariane SE (XPAR:CLARI) 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.

Clariane SE's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	29.085	/	198.163	*	365 / 2
	=	26.79

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.

Clariane SE's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	29.085	/	2541.861
	=	0.01

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.

Clariane SE Inventory Turnover Related Terms

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Clariane SE (XPAR:CLARI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Clariane SE (XPAR:CLARI) » Definitions » Inventory Turnover

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Traded in Other Exchanges

0OPS:UK KO2:Germany

Address

21-25, Rue Balzac, Paris, FRA, 75008

Website

https://www.korian.com

Clariane SE operates nursing homes, post-acute and rehabilitation clinics, assisted living facilities, and home care services. Its operating segments are France, Germany, Italy, and Belgium. The majority of its revenue is generated in France. Its nursing homes offer long-term care and medical support for elderly people.

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