Donegal Investment Group (DUB:DQ7A) Inventory Turnover : 7.88 (As of Feb. 2024)

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What is Donegal Investment Group 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. Donegal Investment Group's Cost of Goods Sold for the six months ended in Feb. 2024 was €15.57 Mil. Donegal Investment Group's Average Total Inventories for the quarter that ended in Feb. 2024 was €1.98 Mil. Donegal Investment Group's Inventory Turnover for the quarter that ended in Feb. 2024 was 7.88.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Donegal Investment Group's Days Inventory for the six months ended in Feb. 2024 was 23.15.

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. Donegal Investment Group's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 0.09.

Donegal Investment Group Inventory Turnover Historical Data

The historical data trend for Donegal Investment Group'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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Donegal Investment Group Inventory Turnover Chart

Donegal Investment Group Annual Data

Trend

Dec13

Dec14

Dec15

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Inventory Turnover

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9.74

8.33

9.34

10.11

9.70

Donegal Investment Group Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Inventory Turnover	Get a 7-Day Free Trial															9.30	3.27	9.39	4.03	7.88

Donegal Investment Group Inventory Turnover Calculation

Donegal Investment Group's Inventory Turnover for the fiscal year that ended in Aug. 2023 is calculated as

	Inventory Turnover (A: Aug. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Aug. 2023 )	/ (	(Total Inventories (A: Aug. 2022 )	+	Total Inventories (A: Aug. 2023 ))	/	count )
=	19.928	/ (	(1.909	+	2.201)	/	2 )
=	19.928	/	2.055
=	9.70

Donegal Investment Group's Inventory Turnover for the quarter that ended in Feb. 2024 is calculated as

	Inventory Turnover (Q: Feb. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Feb. 2024 )	/ (	(Total Inventories (Q: Aug. 2023 )	+	Total Inventories (Q: Feb. 2024 ))	/	count )
=	15.568	/ (	(2.201	+	1.749)	/	2 )
=	15.568	/	1.975
=	7.88

Donegal Investment Group (DUB:DQ7A) 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.

Donegal Investment Group's Days Inventory for the six months ended in Feb. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Feb. 2024 )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
	=	1.975	/	15.568	*	365 / 2
	=	23.15

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.

Donegal Investment Group's Inventory to Revenue for the quarter that ended in Feb. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Feb. 2024 )	/	Revenue (Q: Feb. 2024 )
	=	1.975	/	23.024
	=	0.09

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.

Donegal Investment Group Inventory Turnover Related Terms

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Donegal Investment Group (DUB:DQ7A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Donegal Investment Group PLC (DUB:DQ7A) » Definitions » Inventory Turnover

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Address

Ballyraine, Co. Donegal, Letterkenny, IRL

Website

http://www.donegaligroup.com

Donegal Investment Group PLC is engaged in the development, purchase, and sale of seed potatoes and the rental and sale of property assets. Its only segment being Produce. The Group operates in three geographical segments: Ireland; Europe and the Rest of the World; generating a vast majority of its revenue within Ireland.

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