Airesis (XSWX:AIRE) Inventory Turnover: 0.92 (As of Jun. 2024)

What is Airesis Inventory Turnover?

Airesis XSWX:AIRE +50.00% 4 Inventory Turnover is 0.92 as of Jun. 2024. GuruFocus rates XSWX:AIRE with a GF Score™ of 4/100.

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. Airesis's Cost of Goods Sold for the six months ended in Jun. 2024 was CHF37.1 Mil. Airesis's Average Total Inventories for the quarter that ended in Jun. 2024 was CHF40.4 Mil. Airesis's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.92.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Airesis's Days Inventory for the six months ended in Jun. 2024 was 198.78.

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. Airesis's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.51.

Airesis (XSWX:AIRE) 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.

Airesis'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
	=	40.399	/	37.09	*	365 / 2
	=	198.78

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.

Airesis'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 )
	=	40.399	/	79.355
	=	0.51

* 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.

Airesis Inventory Turnover Related Terms

Airesis Inventory Turnover Historical Data

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The historical data trend for Airesis's Inventory Turnover can be seen below:

Airesis Inventory Turnover Chart

Airesis Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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3.26

2.07

2.64

2.65

2.14

Airesis 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															1.07	1.52	0.80	1.37	0.92

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Airesis Inventory Turnover Calculation

Airesis'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 )
=	90.685	/ (	(44.157	+	40.399)	/	2 )
=	90.685	/	42.278
=	2.14

Airesis'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 )
=	37.09	/ (	(40.399	+	0)	/	1 )
=	37.09	/	40.399
=	0.92

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 0.92 mean?

Airesis (XSWX:AIRE) has a Inventory Turnover of 0.92 as of Jun. 2024. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Airesis and its competitors.

Is Airesis' Inventory Turnover too high?

Airesis' current Inventory Turnover is 0.92. Overall, Airesis has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.

How does Airesis' Inventory Turnover compare to AS and HAS?

Airesis' Inventory Turnover of 0.92 can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Inventory Turnover for a Travel & Leisure company?

A good Inventory Turnover depends on the Travel & Leisure industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Inventory Turnover mean?

A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Airesis and its competitors. Airesis's current Inventory Turnover is 0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Airesis stock overvalued right now?

Airesis (XSWX:AIRE) has a current Inventory Turnover of 0.92. The current Inventory Turnover is 0.92. Airesis' overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Inventory Turnover calculated?

Inventory Turnover is calculated from a company's financial statements. For Airesis (XSWX:AIRE), the current Inventory Turnover is 0.92 as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Airesis Business Description

Industry Consumer Cyclical Travel & Leisure

Comparable Companies HKSE:09992 TSE:4661 HKSE:02020 TSE:7832 AS HAS TSE:7309 PLNT SHSE:689009 LSE:GAW HKSE:02331 LTH MAT GOLF TSE:7731 MIL:TGYM HKSE:00325 SZSE:300144 PTON OSTO:THULE

Address Chemin du Pierrier 1, Clarens, Montreux, CHE, CH-1815

Website https://www.airesis.com

Airesis SA is a private equity and venture capital firm specializing in early, mid, and late venture, emerging growth, growth capital, turnaround, buyouts, and pre-IPO transactions. It seeks to invest in small and mid-sized companies. It prefers to invest in sports brands. The firm also makes investments in the real estate and brand sectors. In development division investments, the firm seeks to take a board seat in its portfolio companies. It also owns a distribution company that distributes sports goods. Geographically, it operates in France, Italy, Spain, and the Rest of the world, out of which the majority is from France.

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