MEDLEY (FRA:3YV) Inventory Turnover : 8.65 (As of Mar. 2024)

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What is MEDLEY 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. MEDLEY's Cost of Goods Sold for the three months ended in Mar. 2024 was €14.9 Mil. MEDLEY's Average Total Inventories for the quarter that ended in Mar. 2024 was €1.7 Mil. MEDLEY's Inventory Turnover for the quarter that ended in Mar. 2024 was 8.65.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. MEDLEY's Days Inventory for the three months ended in Mar. 2024 was 10.55.

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. MEDLEY's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.05.

MEDLEY Inventory Turnover Historical Data

The historical data trend for MEDLEY'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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MEDLEY Inventory Turnover Chart

MEDLEY Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

6,398.50

265.16

132.82

41.96

29.85

MEDLEY Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial														9.10	10.01	10.47	7.90	8.65

MEDLEY Inventory Turnover Calculation

MEDLEY'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 )
=	44.238	/ (	(1.162	+	1.802)	/	2 )
=	44.238	/	1.482
=	29.85

MEDLEY's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	14.916	/ (	(1.802	+	1.646)	/	2 )
=	14.916	/	1.724
=	8.65

MEDLEY (FRA:3YV) 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.

MEDLEY's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	1.724	/	14.916	*	365 / 4
	=	10.55

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.

MEDLEY's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	1.724	/	36.513
	=	0.05

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.

MEDLEY Inventory Turnover Related Terms

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MEDLEY (FRA:3YV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » MEDLEY Inc (FRA:3YV) » Definitions » Inventory Turnover

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Traded in Other Exchanges

4480:Japan

Address

3-2-1 Roppongi, Minato-ku, 22nd Floor Sumitomo Fudosan Roppongi Grand Tower, Tokyo, JPN, 106-6222

Website

https://www.medley.jp

MEDLEY Inc is engaged in providing medical information service for patients, and nursing care, a nursing care information service for citizens resolving issues in the field of medical healthcare. It provides its services through two platforms, Recruitment Platform Business which provides human resource recruitment systems in the medical and healthcare field and related businesses; and Medical Platform Business that is a telemedicine system for both patients and medical institutions.

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