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Groupe Okwind (FRA:4QX) Inventory Turnover : 2.37 (As of Dec. 2023)


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What is Groupe Okwind 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. Groupe Okwind's Cost of Goods Sold for the six months ended in Dec. 2023 was €19.24 Mil. Groupe Okwind's Average Total Inventories for the quarter that ended in Dec. 2023 was €8.10 Mil. Groupe Okwind's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.37.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Groupe Okwind's Days Inventory for the six months ended in Dec. 2023 was 76.84.

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. Groupe Okwind's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.18.

Groupe Okwind Inventory Turnover Historical Data

The historical data trend for Groupe Okwind'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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Groupe Okwind Inventory Turnover Chart

Groupe Okwind Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
- 4.39 5.25 5.77 5.79

Groupe Okwind Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Inventory Turnover Get a 7-Day Free Trial - 3.97 2.52 3.09 2.37

Groupe Okwind Inventory Turnover Calculation

Groupe Okwind'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 )
=39.605 / ((5.323 + 8.364) / 2 )
=39.605 / 6.8435
=5.79

Groupe Okwind'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 )
=19.242 / ((7.84 + 8.364) / 2 )
=19.242 / 8.102
=2.37

* 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.

Groupe Okwind  (FRA:4QX) 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.

Groupe Okwind'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
=8.102/19.242*365 / 2
=76.84

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.

Groupe Okwind'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 )
=8.102 / 44.931
=0.18

* 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.

Groupe Okwind Inventory Turnover Related Terms

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Groupe Okwind (FRA:4QX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Groupe Okwind SA (FRA:4QX) » Definitions » Inventory Turnover
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Traded in Other Exchanges
ALOKW:France
Address
Parc d’activités Torcé Ouest ZA du Haut Montigné, Torce, FRA
Website
https://www.okwind.fr
Groupe Okwind SA is specialized in developing solutions for short-circuit green energy production and use. The company offers smart, AI-based energy production management by bringing individuals, farms, industrial sites and local governments self-supply solutions that enable them to generate and use their own energy using smart, high-performance photovoltaic trackers. France account for all net sales.

Groupe Okwind (FRA:4QX) Headlines

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