Saietta Group (LSE:SED) Inventory Turnover : 1.13 (As of Sep. 2023)

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What is Saietta Group 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. Saietta Group's Cost of Goods Sold for the six months ended in Sep. 2023 was £0.89 Mil. Saietta Group's Average Total Inventories for the quarter that ended in Sep. 2023 was £0.78 Mil. Saietta Group's Inventory Turnover for the quarter that ended in Sep. 2023 was 1.13.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Saietta Group's Days Inventory for the six months ended in Sep. 2023 was 161.28.

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. Saietta Group's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.80.

Saietta Group Inventory Turnover Historical Data

The historical data trend for Saietta Group'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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Saietta Group Inventory Turnover Chart

Saietta Group Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

2.31

0.49

2.26

1.45

0.98

Saietta Group Semi-Annual Data
	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Inventory Turnover	Get a 7-Day Free Trial				0.95	0.97	0.24	0.45	1.13

Saietta Group Inventory Turnover Calculation

Saietta Group's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Inventory Turnover (A: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2023 )	/ (	(Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )
=	1.45	/ (	(2.47	+	0.498)	/	2 )
=	1.45	/	1.484
=	0.98

Saietta Group's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

	Inventory Turnover (Q: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2023 )	/ (	(Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	0.886	/ (	(0.498	+	1.068)	/	2 )
=	0.886	/	0.783
=	1.13

Saietta Group (LSE:SED) 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.

Saietta Group's Days Inventory for the six months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	0.783	/	0.886	*	365 / 2
	=	161.28

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.

Saietta Group's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	0.783	/	0.977
	=	0.80

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.

Saietta Group Inventory Turnover Related Terms

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Saietta Group (LSE:SED) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Saietta Group PLC (LSE:SED) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/- Fieldfisher, Riverbank House, 2 Swan Lane, London, GBR, EC4R 3TT

Website

https://www.saietta.com

Saietta Group PLC is an engineering company. Its branded AFT (Axial Flux Technology) is modular in design, meaning high and low voltage e-motor solutions can be provided from scooters to large vehicles. It operates in three segments; Lightweight, Heavy-duty and Marine division. It generates maximum revenue from Lightweight segment. AFT has been designed for high automation in volume production meaning AFT cost-effectively delivers class performance. Geographically, the company operates in United Kingdom, European Unions and the rest of the world.

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