Maintel Holdings (LSE:MAI) Inventory Turnover : 16.05 (As of Dec. 2023)

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What is Maintel Holdings 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. Maintel Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was £38.5 Mil. Maintel Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was £2.4 Mil. Maintel Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 16.05.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Maintel Holdings's Days Inventory for the six months ended in Dec. 2023 was 11.37.

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. Maintel Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.04.

Maintel Holdings Inventory Turnover Historical Data

The historical data trend for Maintel Holdings'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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Maintel Holdings Inventory Turnover Chart

Maintel Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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15.24

29.58

48.56

35.07

32.79

Maintel Holdings 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															35.03	24.14	15.19	11.02	16.05

Maintel Holdings Inventory Turnover Calculation

Maintel Holdings'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 )
=	70.022	/ (	(2.594	+	1.677)	/	2 )
=	70.022	/	2.1355
=	32.79

Maintel Holdings'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 )
=	38.525	/ (	(3.123	+	1.677)	/	2 )
=	38.525	/	2.4
=	16.05

Maintel Holdings (LSE:MAI) 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.

Maintel Holdings'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
	=	2.4	/	38.525	*	365 / 2
	=	11.37

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.

Maintel Holdings'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 )
	=	2.4	/	53.801
	=	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.

Maintel Holdings Inventory Turnover Related Terms

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Maintel Holdings (LSE:MAI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Maintel Holdings PLC (LSE:MAI) » Definitions » Inventory Turnover

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Address

160 Blackfriars Road, London, GBR, SE1 8EZ

Website

https://www.maintel.co.uk

Maintel Holdings PLC provides communication solutions to mid-market and enterprise businesses either on-premise or cloud-based. The company's service portfolio comprises unified communications, contact center solutions, document solutions, workforce optimization, local and wide area networking and security, mobile, and voice services, and managed print services. The company organizes its operations into three business segments namely Managed service and technology; Network services and Mobile services. It derives maximum revenue from the Managed service and technology segment. Geographically, It operates in the United Kingdom, the European Union, and the Rest of the world.

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