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Suez (XPAR:SEV) Inventory Turnover : 3.97 (As of Jun. 2021)


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What is Suez 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. Suez's Cost of Goods Sold for the six months ended in Jun. 2021 was €2,018 Mil. Suez's Average Total Inventories for the quarter that ended in Jun. 2021 was €508 Mil. Suez's Inventory Turnover for the quarter that ended in Jun. 2021 was 3.97.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Suez's Days Inventory for the six months ended in Jun. 2021 was 45.94.

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. Suez's Inventory-to-Revenue for the quarter that ended in Jun. 2021 was 0.06.

Suez Inventory Turnover Historical Data

The historical data trend for Suez'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.

Suez Inventory Turnover Chart

Suez Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.16 8.45 7.64 7.24 6.80

Suez Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21
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 3.41 3.56 3.11 3.37 3.97

Suez Inventory Turnover Calculation

Suez'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 )
=3436.7 / ((528 + 483.1) / 2 )
=3436.7 / 505.55
=6.80

Suez'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 )
=2017.8 / ((483.1 + 532.8) / 2 )
=2017.8 / 507.95
=3.97

* 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.

Suez  (XPAR:SEV) 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.

Suez'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
=507.95/2017.8*365 / 2
=45.94

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.

Suez'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 )
=507.95 / 8711.3
=0.06

* 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.

Suez Inventory Turnover Related Terms

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Suez (XPAR:SEV) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Suez SA (XPAR:SEV) » Definitions » Inventory Turnover
Comparable Companies
XPAR:MLEDR AWK HKSE:00270 WTRG LSE:UU. LSE:SVT LSE:PNN BSP:SBSP3 HKSE:00371 SHSE:601158 AWR SHSE:600008 BSP:CASN3 SHSE:600323 CWT SZSE:000598 XSGO:AGUAS-A BKK:TTW SJW SZSE:000685
Traded in Other Exchanges
N/A
Address
Tour CB21, 16, place de l’Iris, La Defense Cedex, Paris, FRA, 92040
Website
https://www.suez.com
Suez Environnement became the second- largest global water company after spinning off from GDF Suez in 2008. The European water segment operates municipal water distribution and treatment systems, mainly in France and Spain. The European waste segment operates hazardous and nonhazardous landfills, as well as a network of incinerators throughout Europe. The company's international segment designs, builds, and operates water and waste infrastructure outside Europe.