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Soluciones Cuatroochenta (XMAD:480S) Inventory Turnover : 316.00 (As of Dec. 2023)


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What is Soluciones Cuatroochenta 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. Soluciones Cuatroochenta's Cost of Goods Sold for the six months ended in Dec. 2023 was €8.22 Mil. Soluciones Cuatroochenta's Average Total Inventories for the quarter that ended in Dec. 2023 was €0.03 Mil. Soluciones Cuatroochenta's Inventory Turnover for the quarter that ended in Dec. 2023 was 316.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Soluciones Cuatroochenta's Days Inventory for the six months ended in Dec. 2023 was 0.58.

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. Soluciones Cuatroochenta's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.


Soluciones Cuatroochenta Inventory Turnover Historical Data

The historical data trend for Soluciones Cuatroochenta'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.

Soluciones Cuatroochenta Inventory Turnover Chart

Soluciones Cuatroochenta Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
38.40 77.61 192.65 285.52 510.52

Soluciones Cuatroochenta Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Inventory Turnover Get a 7-Day Free Trial Premium Member Only 89.07 100.92 126.26 196.16 316.00

Soluciones Cuatroochenta Inventory Turnover Calculation

Soluciones Cuatroochenta'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 )
=15.571 / ((0.042 + 0.019) / 2 )
=15.571 / 0.0305
=510.52

Soluciones Cuatroochenta'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 )
=8.216 / ((0.033 + 0.019) / 2 )
=8.216 / 0.026
=316.00

* 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.


Soluciones Cuatroochenta  (XMAD:480S) 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.

Soluciones Cuatroochenta'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
=0.026/8.216*365 / 2
=0.58

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.

Soluciones Cuatroochenta'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 )
=0.026 / 11.734
=0.00

* 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.


Soluciones Cuatroochenta Inventory Turnover Related Terms

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Soluciones Cuatroochenta (XMAD:480S) Business Description

Traded in Other Exchanges
N/A
Address
Edificio Espaitec 2, Universitat Jaume I, Avenida de Vicent Sos Baynat s / n, Castellon, ESP, 12071
Soluciones Cuatroochenta SA is a technology company developing and implementing digital cloud solutions to meet the challenges and objectives of its clients located in Europe and Latin America. The company, which started as an app development company, has become a solvent technological partner undertaking digital transformations with the powerful management and cybersecurity solutions. This omnichannel service can be tailored to the needs of each organization in order to improve their performance. Its main business models are the development of ad hoc apps for third parties, its own products such as Sefici (process optimization with app and web technology) and 480interactive (software to create apps without programming knowledge), revenue agreements share and participated projects.

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