Adiuvo Investments (WAR:ADV) Inventory Turnover : 0.06 (As of Dec. 2023)

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What is Adiuvo Investments 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. Adiuvo Investments's Cost of Goods Sold for the three months ended in Dec. 2023 was zł0.00 Mil. Adiuvo Investments's Average Total Inventories for the quarter that ended in Dec. 2023 was zł0.07 Mil. Adiuvo Investments's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.06.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Adiuvo Investments's Days Inventory for the three months ended in Dec. 2023 was 1,642.50.

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. Adiuvo Investments's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.09.

Adiuvo Investments Inventory Turnover Historical Data

The historical data trend for Adiuvo Investments'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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Adiuvo Investments Inventory Turnover Chart

Adiuvo Investments Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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0.25

0.17

0.96

1.06

0.10

Adiuvo Investments Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															0.04	-0.54	0.03	0.01	0.06

Adiuvo Investments Inventory Turnover Calculation

Adiuvo Investments'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 )
=	0.007	/ (	(0.073	+	0)	/	1 )
=	0.007	/	0.073
=	0.10

Adiuvo Investments'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: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	0.004	/ (	(0.072	+	0)	/	1 )
=	0.004	/	0.072
=	0.06

Adiuvo Investments (WAR:ADV) 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.

Adiuvo Investments's Days Inventory for the three 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
	=	0.072	/	0.004	*	365 / 4
	=	1,642.50

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.

Adiuvo Investments'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 )
	=	0.072	/	0.843
	=	0.09

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.

Adiuvo Investments Inventory Turnover Related Terms

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Adiuvo Investments (WAR:ADV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Adiuvo Investments SA (WAR:ADV) » Definitions » Inventory Turnover

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Address

Ulica S?ominskiego 15 lok 509, Warsaw, POL, 00-195

Website

http://www.adiuvoinvestments.com

Adiuvo Investments SA is engaged in the selection, development, financing and commercialization of innovative projects in the international market. The new technologies developed by the company focus on disease management, monitoring healthy lifestyle and treatment with the help of mobile devices and supplementation and functional food, or food, which in addition to nutritional properties also has health properties.