GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » ASTARTA Holding NV (WAR:AST) » Definitions » Inventory Turnover

ASTARTA Holding NV (WAR:AST) Inventory Turnover : 0.44 (As of Mar. 2024)


View and export this data going back to 2006. Start your Free Trial

What is ASTARTA Holding 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. ASTARTA Holding NV's Cost of Goods Sold for the three months ended in Mar. 2024 was zł480 Mil. ASTARTA Holding NV's Average Total Inventories for the quarter that ended in Mar. 2024 was zł1,099 Mil. ASTARTA Holding NV's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.44.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. ASTARTA Holding NV's Days Inventory for the three months ended in Mar. 2024 was 209.22.

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. ASTARTA Holding NV's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.55.

ASTARTA Holding NV Inventory Turnover Historical Data

The historical data trend for ASTARTA Holding 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.

ASTARTA Holding NV Inventory Turnover Chart

ASTARTA Holding NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.53 1.84 1.34 1.07 1.46

ASTARTA Holding NV Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.39 0.21 0.25 0.54 0.44

ASTARTA Holding NV Inventory Turnover Calculation

ASTARTA Holding 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 )
=1693.707 / ((1153.283 + 1167.152) / 2 )
=1693.707 / 1160.2175
=1.46

ASTARTA Holding NV's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover (Q: Mar. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2024 ) / ((Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count )
=479.535 / ((1167.152 + 1031.778) / 2 )
=479.535 / 1099.465
=0.44

* 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.

ASTARTA Holding NV  (WAR:AST) 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.

ASTARTA Holding NV's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=1099.465/479.535*365 / 4
=209.22

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.

ASTARTA Holding NV's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=1099.465 / 707.903
=1.55

* 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.

ASTARTA Holding NV Inventory Turnover Related Terms

Thank you for viewing the detailed overview of ASTARTA Holding NV's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

ASTARTA Holding NV (WAR:AST) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » ASTARTA Holding NV (WAR:AST) » Definitions » Inventory Turnover
Comparable Companies
WAR:GOB WAR:IMC WAR:OVO WAR:AGL WAR:KSG WAR:BEP ADM SZSE:002714 SZSE:300498 SHSE:600438 TSN BG OSL:MOWI OSL:SALM SZSE:000876 ISX:CPIN XKLS:2445 XKLS:4065 SZSE:002385 BKK:CPF
Traded in Other Exchanges
N/A
Address
1 Lampousas, Nicosia, NLD, 1095
Website
https://astartaholding.com
ASTARTA Holding NV is an agro-industrial company. Through its subsidiaries, the company is engaged in the cultivation of sugar beet, grains, and oilseeds, the production of sugar and related products. In addition, it is also involved in, crop growing, soybean processing, and cattle farming. The operating segments of the company are Sugar, Cattle farming, agriculture and Soybean processing. The majority of the company's revenue is derived from Ukraine.