Dassault Aviation (XPAR:AM) Inventory Turnover : 0.31 (As of Dec. 2023)

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What is Dassault Aviation 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. Dassault Aviation's Cost of Goods Sold for the six months ended in Dec. 2023 was €1,568 Mil. Dassault Aviation's Average Total Inventories for the quarter that ended in Dec. 2023 was €5,022 Mil. Dassault Aviation's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.31.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Dassault Aviation's Days Inventory for the six months ended in Dec. 2023 was 584.47.

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. Dassault Aviation's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 2.00.

Dassault Aviation Inventory Turnover Historical Data

The historical data trend for Dassault Aviation'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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Dassault Aviation Inventory Turnover Chart

Dassault Aviation Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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1.48

1.19

1.42

1.29

0.65

Dassault Aviation Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															0.76	0.52	0.71	0.33	0.31

Dassault Aviation Inventory Turnover Calculation

Dassault Aviation'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 )
=	2986.263	/ (	(3922.158	+	5258.273)	/	2 )
=	2986.263	/	4590.2155
=	0.65

Dassault Aviation'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 )
=	1567.982	/ (	(4784.826	+	5258.273)	/	2 )
=	1567.982	/	5021.5495
=	0.31

Dassault Aviation (XPAR:AM) 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.

Dassault Aviation'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
	=	5021.5495	/	1567.982	*	365 / 2
	=	584.47

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.

Dassault Aviation'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 )
	=	5021.5495	/	2507.71
	=	2.00

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.

Dassault Aviation Inventory Turnover Related Terms

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Dassault Aviation (XPAR:AM) Business Description

Industry

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Address

9, Rond-Point des Champs-Elysees, Marcel Dassault, Paris, FRA, 75008

Website

https://www.dassault-aviation.com

Dassault Aviation, a subsidiary of French multinational company Dassault Group, designs, builds and maintains military fighter jets, and is one of the largest manufacturers of business jets. Dassault has a 24.8% stake in narrow-moat Thales, which contributes significantly to Dassault's net profit. In 2021, Dassault Aviation generated EUR 7.2 billion in revenue with 12,000 employees. About 70% of revenue comes from defense aircraft equipment sales and services, while Falcon business jets generate the remaining 30% of sales.