Netex Knowledge Factory (XMAD:NTX) Inventory Turnover : 15.43 (As of Sep. 2023)

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What is Netex Knowledge Factory 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. Netex Knowledge Factory's Cost of Goods Sold for the six months ended in Sep. 2023 was €12.16 Mil. Netex Knowledge Factory's Average Total Inventories for the quarter that ended in Sep. 2023 was €0.79 Mil. Netex Knowledge Factory's Inventory Turnover for the quarter that ended in Sep. 2023 was 15.43.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Netex Knowledge Factory's Days Inventory for the six months ended in Sep. 2023 was 11.82.

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. Netex Knowledge Factory's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.07.

Netex Knowledge Factory Inventory Turnover Historical Data

The historical data trend for Netex Knowledge Factory'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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Netex Knowledge Factory Inventory Turnover Chart

Netex Knowledge Factory Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Sep20

Sep21

Sep22

Inventory Turnover

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-1.62

-0.77

0.35

1.14

11.48

Netex Knowledge Factory Semi-Annual Data
	Dec14	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Inventory Turnover	Get a 7-Day Free Trial											1.17	2.16	12.47	2.54	15.43

Netex Knowledge Factory Inventory Turnover Calculation

Netex Knowledge Factory's Inventory Turnover for the fiscal year that ended in Sep. 2022 is calculated as

	Inventory Turnover (A: Sep. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Sep. 2022 )	/ (	(Total Inventories (A: Sep. 2021 )	+	Total Inventories (A: Sep. 2022 ))	/	count )
=	13.152	/ (	(1.343	+	0.949)	/	2 )
=	13.152	/	1.146
=	11.48

Netex Knowledge Factory'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 )
=	12.162	/ (	(0.784	+	0.792)	/	2 )
=	12.162	/	0.788
=	15.43

Netex Knowledge Factory (XMAD:NTX) 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.

Netex Knowledge Factory'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
	=	0.788	/	12.162	*	365 / 2
	=	11.82

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.

Netex Knowledge Factory'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 )
	=	0.788	/	12.004
	=	0.07

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.

Netex Knowledge Factory Inventory Turnover Related Terms

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Netex Knowledge Factory (XMAD:NTX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Netex Knowledge Factory SA (XMAD:NTX) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Calle Ícaro , No.44, Oleiros, A Coruña, ESP, 15172

Website

https://www.netexlearning.com

Netex Knowledge Factory SA develops applications and service-based-solutions to deliver digital learning in companies and academic institutions. The company's portfolio includes learningCloud, a personalized learning environment that facilitates video, gamification, online/offline mobile learning, micro learning, social learning, interoperability, and real-time conferencing features for the modern workforce in corporations; and smartED, a solution for publishing houses and universities.

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