Aeroports de Paris (FRA:W7L) Inventory Turnover : 14.93 (As of Dec. 2023)

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What is Aeroports de Paris 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. Aeroports de Paris's Cost of Goods Sold for the six months ended in Dec. 2023 was €1,806 Mil. Aeroports de Paris's Average Total Inventories for the quarter that ended in Dec. 2023 was €121 Mil. Aeroports de Paris's Inventory Turnover for the quarter that ended in Dec. 2023 was 14.93.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Aeroports de Paris's Days Inventory for the six months ended in Dec. 2023 was 12.23.

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. Aeroports de Paris's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.04.

Aeroports de Paris Inventory Turnover Historical Data

The historical data trend for Aeroports de Paris'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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Aeroports de Paris Inventory Turnover Chart

Aeroports de Paris Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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39.88

27.52

27.16

25.55

24.97

Aeroports de Paris 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															14.69	12.37	15.58	9.92	14.93

Aeroports de Paris Inventory Turnover Calculation

Aeroports de Paris'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 )
=	3096	/ (	(133	+	115)	/	2 )
=	3096	/	124
=	24.97

Aeroports de Paris'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 )
=	1806	/ (	(127	+	115)	/	2 )
=	1806	/	121
=	14.93

Aeroports de Paris (FRA:W7L) 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.

Aeroports de Paris'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
	=	121	/	1806	*	365 / 2
	=	12.23

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.

Aeroports de Paris'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 )
	=	121	/	2950
	=	0.04

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.

Aeroports de Paris Inventory Turnover Related Terms

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Aeroports de Paris (FRA:W7L) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Aeroports de Paris SA (FRA:W7L) » Definitions » Inventory Turnover

Comparable Companies

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ARRPY:USA AEOXF:USA ADPp:UK 0NP8:UK ADP:France ADPA:Austria

Address

1 rue de France, Tremblay- en- France, Paris, FRA, 93 290

Website

https://www.parisaeroport.fr/en/homepage-group

ADP is a French airport operator. The group owns the three major commercial airports in Paris (Charles de Gaulle, Orly and Paris-Le Bourget) and has stakes in several international airports, including a portfolio of Turkish Airports, through its holding of TAV Airports, and a 31% indirect stake in Indian airports New Delhi and Hyderabad through its recent acquisition of GMR Airports. The group generates regulated and nonregulated revenue. Regulated revenue includes fees collected from takeoff and landing, passenger fees and security, whereas nonregulated revenue stems from commercial activities such as retail, food and beverage and advertising sales. In 2019, the group catered to 108 million passengers through its Parisian airport network.

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