Talgo (XMAD:TLGO) Inventory Turnover : 1.46 (As of Dec. 2023)

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What is Talgo 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. Talgo's Cost of Goods Sold for the six months ended in Dec. 2023 was €278.3 Mil. Talgo's Average Total Inventories for the quarter that ended in Dec. 2023 was €190.3 Mil. Talgo's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.46.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Talgo's Days Inventory for the six months ended in Dec. 2023 was 124.78.

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. Talgo's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.52.

Talgo Inventory Turnover Historical Data

The historical data trend for Talgo'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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Talgo Inventory Turnover Chart

Talgo Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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3.29

3.75

3.86

2.59

2.83

Talgo 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															1.74	1.33	1.31	1.19	1.46

Talgo Inventory Turnover Calculation

Talgo'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 )
=	499.476	/ (	(171.797	+	181.372)	/	2 )
=	499.476	/	176.5845
=	2.83

Talgo'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 )
=	278.269	/ (	(199.151	+	181.372)	/	2 )
=	278.269	/	190.2615
=	1.46

Talgo (XMAD:TLGO) 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.

Talgo'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
	=	190.2615	/	278.269	*	365 / 2
	=	124.78

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.

Talgo'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 )
	=	190.2615	/	363.427
	=	0.52

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.

Talgo Inventory Turnover Related Terms

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Talgo (XMAD:TLGO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Talgo SA (XMAD:TLGO) » Definitions » Inventory Turnover

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Traded in Other Exchanges

0R99:UK XTG:Germany

Address

Paseo del tren Talgo, 2, Las Matas, Madrid, ESP, 28290

Website

https://www.talgo.com

Talgo SA is a Spain-based company engaged in the design and manufacture of rolling stock. It operates in three business segments: Rolling stock, which accounts for the majority of revenue; Auxiliary machines & Others; and General. The Rolling stock segment is responsible for train production, as well as for the maintenance of trains that use the company's technology. The Auxiliary Machines & Others segment provides the manufacture and technical service of lathes, as well as the sale of related spare parts. The company's product range comprises high-speed rolling stock, intercity trains, and locomotives, among others. Talgo's geographical segments are Spain, the Rest of Europe, America, the Middle East & North Africa, the Commonwealth of Independent States, and APAC.

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