Flexdeal Simfe (XLIS:FLEXD) Inventory Turnover : 0.00 (As of Sep. 2023)

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What is Flexdeal Simfe 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. Flexdeal Simfe's Cost of Goods Sold for the six months ended in Sep. 2023 was €0.65 Mil. Flexdeal Simfe's Average Total Inventories for the quarter that ended in Sep. 2023 was €0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Flexdeal Simfe's Days Inventory for the six months ended in Sep. 2023 was 0.00.

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. Flexdeal Simfe's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.00.

Flexdeal Simfe Inventory Turnover Historical Data

The historical data trend for Flexdeal Simfe'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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Flexdeal Simfe Inventory Turnover Chart

Flexdeal Simfe Annual Data

Trend

Dec16

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Inventory Turnover

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Flexdeal Simfe Semi-Annual Data
	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Inventory Turnover	Get a 7-Day Free Trial							-	-	-	-	-

Flexdeal Simfe Inventory Turnover Calculation

Flexdeal Simfe's Inventory Turnover for the fiscal year that ended in Sep. 2023 is calculated as

	Inventory Turnover (A: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Sep. 2023 )	/ (	(Total Inventories (A: Sep. 2022 )	+	Total Inventories (A: Sep. 2023 ))	/	count )
=	1.297	/ (	(0	+	0)	/	1 )
=	1.297	/	0
=	N/A

Flexdeal Simfe'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 )
=	0.65	/ (	(0	+	0)	/	1 )
=	0.65	/	0
=	N/A

Flexdeal Simfe (XLIS:FLEXD) 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.

Flexdeal Simfe'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	/	0.65	*	365 / 2
	=	0.00

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.

Flexdeal Simfe'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	/	0.51
	=	0.00

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.

Flexdeal Simfe Inventory Turnover Related Terms

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Flexdeal Simfe (XLIS:FLEXD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Flexdeal Simfe SA (XLIS:FLEXD) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

Rua Dr. Francisco Torres N.78, Barcelos, PRT, 4750-160

Website

https://www.flexdeal.pt

Flexdeal Simfe SA is an investment managment company. The company invests in securities issued by companies eligible for investment by movable investment companies to promote the economy.

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