Aluflexpack AG (XSWX:AFP) Inventory Turnover : 1.25 (As of Dec. 2023)

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What is Aluflexpack AG 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. Aluflexpack AG's Cost of Goods Sold for the six months ended in Dec. 2023 was CHF115.9 Mil. Aluflexpack AG's Average Total Inventories for the quarter that ended in Dec. 2023 was CHF92.5 Mil. Aluflexpack AG's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.25.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Aluflexpack AG's Days Inventory for the six months ended in Dec. 2023 was 145.64.

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. Aluflexpack AG's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.52.

Aluflexpack AG Inventory Turnover Historical Data

The historical data trend for Aluflexpack AG'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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Aluflexpack AG Inventory Turnover Chart

Aluflexpack AG Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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2.76

2.78

2.69

2.88

2.56

Aluflexpack AG Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial							1.39	1.45	1.43	1.26	1.25

Aluflexpack AG Inventory Turnover Calculation

Aluflexpack AG'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 )
=	234.109	/ (	(95.79	+	87.321)	/	2 )
=	234.109	/	91.5555
=	2.56

Aluflexpack AG'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 )
=	115.933	/ (	(97.715	+	87.321)	/	2 )
=	115.933	/	92.518
=	1.25

Aluflexpack AG (XSWX:AFP) 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.

Aluflexpack AG'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
	=	92.518	/	115.933	*	365 / 2
	=	145.64

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.

Aluflexpack AG'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 )
	=	92.518	/	178.72
	=	0.52

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.

Aluflexpack AG Inventory Turnover Related Terms

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Aluflexpack AG (XSWX:AFP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Aluflexpack AG (XSWX:AFP) » Definitions » Inventory Turnover

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Traded in Other Exchanges

AFPz:UK

Address

Alte Aarauerstrasse 11, Reinach, CHE, 5734

Website

https://www.aluflexpack.com

Aluflexpack AG provides flexible packaging and solutions. The company is engaged in producing a wide range of flexible packaging products and solutions by converting and refining aluminum foil, paper, and flexible films. It offers products such as Containers, Films and foils, Lacquered foil, Lids, pouches, and Printed foils. It provides its services to the confectionery, dairy, and pharmaceutical industries. It derives revenue from Switzerland and other countries.

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