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Allego NV (FRA:JS9) Inventory Turnover : 1.87 (As of Dec. 2023)


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What is Allego NV 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. Allego NV's Cost of Goods Sold for the six months ended in Dec. 2023 was €61.5 Mil. Allego NV's Average Total Inventories for the quarter that ended in Dec. 2023 was €32.8 Mil. Allego NV's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.87.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Allego NV's Days Inventory for the six months ended in Dec. 2023 was 97.37.

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. Allego NV's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.42.

Allego NV Inventory Turnover Historical Data

The historical data trend for Allego NV'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.

* Premium members only.

Allego NV Inventory Turnover Chart

Allego NV Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial 3.08 6.39 9.79 7.19 3.63

Allego NV Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Inventory Turnover Get a 7-Day Free Trial Premium Member Only 7.70 5.24 3.01 1.66 1.87

Allego NV Inventory Turnover Calculation

Allego NV'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 )
=109.259 / ((26.017 + 34.104) / 2 )
=109.259 / 30.0605
=3.63

Allego NV'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 )
=61.507 / ((31.53 + 34.104) / 2 )
=61.507 / 32.817
=1.87

* 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.

Allego NV  (FRA:JS9) 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.

Allego NV'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
=32.817/61.507*365 / 2
=97.37

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.

Allego NV'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 )
=32.817 / 77.242
=0.42

* 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.

Allego NV Inventory Turnover Related Terms

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Allego NV (FRA:JS9) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Allego NV (FRA:JS9) » Definitions » Inventory Turnover
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THRM DAN SES MTOR MNRO VC XPEL TEN DORM ADNT TSE:6902 TSE:5108 APTV XPAR:ML ISX:ASII TSX:MG XKRX:012330 SHSE:600660 LKQ XTER:CON
Traded in Other Exchanges
ALLG:USA
Address
Industriepark Kleefse Waard, Westervoortsedijk 73 KB, Arnhem, NLD, 6827 AV
Website
https://www.allego.eu
Allego NV delivers charging solutions for electric cars, motors, buses, and trucks, for consumers, businesses, and cities. Its end-to-end charging solutions make it easier for companies and cities to deliver the infrastructure drivers need.

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