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Grupo Ezentis (XMAD:EZE) Inventory Turnover : 1.41 (As of Dec. 2023)


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What is Grupo Ezentis 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. Grupo Ezentis's Cost of Goods Sold for the six months ended in Dec. 2023 was €0.90 Mil. Grupo Ezentis's Average Total Inventories for the quarter that ended in Dec. 2023 was €0.64 Mil. Grupo Ezentis's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.41.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Grupo Ezentis's Days Inventory for the six months ended in Dec. 2023 was 129.50.

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. Grupo Ezentis's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.16.


Grupo Ezentis Inventory Turnover Historical Data

The historical data trend for Grupo Ezentis'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.

Grupo Ezentis Inventory Turnover Chart

Grupo Ezentis 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 6.59 5.80 7.21 0.67 1.47

Grupo Ezentis Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 3.24 2.30 4.72 1.03 1.41

Grupo Ezentis Inventory Turnover Calculation

Grupo Ezentis'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 )
=3.353 / ((4.036 + 0.522) / 2 )
=3.353 / 2.279
=1.47

Grupo Ezentis'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 )
=0.897 / ((0.751 + 0.522) / 2 )
=0.897 / 0.6365
=1.41

* 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.


Grupo Ezentis  (XMAD:EZE) 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.

Grupo Ezentis'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
=0.6365/0.897*365 / 2
=129.50

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.

Grupo Ezentis'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 )
=0.6365 / 4.023
=0.16

* 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.


Grupo Ezentis Inventory Turnover Related Terms

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Grupo Ezentis (XMAD:EZE) Business Description

Traded in Other Exchanges
Address
Calle Automoción No. 26-28, Poligono Industrial Calonge, Seville, ESP, 41007
Grupo Ezentis SA is a network services provider for communications and energy companies. It offers deployment, operation, and maintenance of telecommunications network infrastructures; Planning, engineering, implementation, and maintenance of electrical systems; and Implementation and management of complex multi-service networks. It offers complete construction, repair, and maintenance of civil works, hydraulic works, buildings, drainage, paving, and water and waste supply and treatment systems. The company has operational footprints across Spain, Argentina, Chile, Peru, Brazil, Colombia, Mexico, and Portugal, of which it generates the majority of its revenue from Brazil and Spain.

Grupo Ezentis (XMAD:EZE) Headlines

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