Haulotte Group (XPAR:PIG) Inventory Turnover : 1.25 (As of Jun. 2024)

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What is Haulotte 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. Haulotte Group's Cost of Goods Sold for the six months ended in Jun. 2024 was €273.8 Mil. Haulotte Group's Average Total Inventories for the quarter that ended in Jun. 2024 was €219.3 Mil. Haulotte Group's Inventory Turnover for the quarter that ended in Jun. 2024 was 1.25.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Haulotte Group's Days Inventory for the six months ended in Jun. 2024 was 146.20.

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. Haulotte Group's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.60.

Haulotte Group Inventory Turnover Historical Data

The historical data trend for Haulotte 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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Haulotte Group Inventory Turnover Chart

Haulotte Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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2.53

2.08

2.68

2.61

2.77

Haulotte Group 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															1.36	1.26	1.48	1.33	1.25

Haulotte Group Inventory Turnover Calculation

Haulotte Group'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 )
=	618.018	/ (	(231.975	+	214.045)	/	2 )
=	618.018	/	223.01
=	2.77

Haulotte Group'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 )
=	273.777	/ (	(214.045	+	224.609)	/	2 )
=	273.777	/	219.327
=	1.25

Haulotte Group (XPAR:PIG) 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.

Haulotte Group'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
	=	219.327	/	273.777	*	365 / 2
	=	146.20

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.

Haulotte Group'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 )
	=	219.327	/	364.465
	=	0.60

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.

Haulotte Group Inventory Turnover Related Terms

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Haulotte Group Business Description

Industry

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0HVA:UK PHT:Germany

Address

Rue Emile Zola, Lyon, FRA, 42420

Website

https://www.haulotte.com

Haulotte Group designs, manufactures, and markets a wide products focused on mobile elevating work platforms and telehandlers. Its activities are further classified into segments namely Manufacturing and Sale of equipment; Equipment rental; Services and financing and others. The company generates maximum revenue from the Manufacturing and Sale of equipment. Geographically, it derives a majority of revenue from Europe and also has a presence in North America; Latin America, and the Asia Pacific.

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