XPPLF (XP Power) Inventory Turnover : 0.87 (As of Jun. 2024)

View and export this data going back to 2010. Start your Free Trial

What is XP Power 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. XP Power's Cost of Goods Sold for the six months ended in Jun. 2024 was $96.1 Mil. XP Power's Average Total Inventories for the quarter that ended in Jun. 2024 was $109.9 Mil. XP Power's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.87.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. XP Power's Days Inventory for the six months ended in Jun. 2024 was 208.89.

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. XP Power's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.68.

XP Power Inventory Turnover Historical Data

The historical data trend for XP Power'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.

XP Power Inventory Turnover Chart

XP Power Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

2.23

2.53

2.05

1.74

1.84

XP Power 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															0.78	0.86	0.86	0.93	0.87

XP Power Inventory Turnover Calculation

XP Power'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 )
=	234.303	/ (	(139.342	+	115.949)	/	2 )
=	234.303	/	127.6455
=	1.84

XP Power'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 )
=	96.056	/ (	(115.949	+	103.944)	/	2 )
=	96.056	/	109.9465
=	0.87

XP Power (OTCPK:XPPLF) 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.

XP Power'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
	=	109.9465	/	96.056	*	365 / 2
	=	208.89

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.

XP Power'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 )
	=	109.9465	/	161.705
	=	0.68

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.

XP Power Inventory Turnover Related Terms

Thank you for viewing the detailed overview of XP Power's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

XP Power Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » XP Power Ltd (OTCPK:XPPLF) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

XPPl:UK XPP.GB:UK XPP:UK 4XP:Germany

Address

19 Tai Seng Avenue, No. 07-01, Singapore, SGP, 534054

Website

https://www.xppower.com

XP Power Ltd is a developer and manufacturer of critical power control components. The company provides power solutions, including alternating current (AC)-direct current (DC) power supplies, and DC-DC converters. Its products serve markets in multiple sectors and across market regions such as Semiconductor Manufacturing Equipment, Industrial Technology, Custom Power, and Healthcare. Its product categories include AC to DC power supplies, DC-DC converters, High-voltage power supplies, Radio Frequency (RF) power systems, and EMI Filters among others. The geographical segments of the company are North America which generates key revenue, Europe, and Asia.

XP Power Headlines

From GuruFocus

Half Year 2024 XP Power Ltd Earnings Presentation (Pre-recorded) Transcript

By GuruFocus News • 10-09-2024

Full Year 2023 XP Power Ltd Earnings Presentation (Pre-recorded) Transcript

By GuruFocus Research • 03-06-2024