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Groupe Airwell (XPAR:ALAIR) Inventory Turnover : 1.48 (As of Dec. 2023)


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What is Groupe Airwell 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. Groupe Airwell's Cost of Goods Sold for the six months ended in Dec. 2023 was €21.37 Mil. Groupe Airwell's Average Total Inventories for the quarter that ended in Dec. 2023 was €14.43 Mil. Groupe Airwell's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.48.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Groupe Airwell's Days Inventory for the six months ended in Dec. 2023 was 123.19.

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. Groupe Airwell's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.44.

Groupe Airwell Inventory Turnover Historical Data

The historical data trend for Groupe Airwell'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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Groupe Airwell Inventory Turnover Chart

Groupe Airwell Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
- - 3.54 3.15 3.19

Groupe Airwell Semi-Annual Data
Dec19 Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Inventory Turnover Get a 7-Day Free Trial - 1.99 1.46 1.41 1.48

Groupe Airwell Inventory Turnover Calculation

Groupe Airwell'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 )
=43.776 / ((15.245 + 12.241) / 2 )
=43.776 / 13.743
=3.19

Groupe Airwell'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 )
=21.373 / ((16.614 + 12.241) / 2 )
=21.373 / 14.4275
=1.48

* 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.

Groupe Airwell  (XPAR:ALAIR) 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.

Groupe Airwell'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
=14.4275/21.373*365 / 2
=123.19

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.

Groupe Airwell'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 )
=14.4275 / 32.532
=0.44

* 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.

Groupe Airwell Inventory Turnover Related Terms

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Groupe Airwell (XPAR:ALAIR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Groupe Airwell (XPAR:ALAIR) » Definitions » Inventory Turnover
Comparable Companies
XPAR:ALU10 XPAR:ALMLB XPAR:ALNLF XPAR:LEBL SZSE:000333 SHSE:600690 SZSE:000651 TSE:9843 SHSE:603833 TPX SN WHR SZSE:002032 XPAR:SK MHK SZSE:000921 LSE:HWDN SHSE:603816 SHSE:605117 SHSE:600839
Traded in Other Exchanges
N/A
Address
10 rue du Fort Saint-Cyr, Montigny Le Bretonneux, FRA, 78180
Website
https://www.airwell.com
Groupe Airwell is a French air-conditioning brand. It is specialized in the distribution of air-conditioning, heating, and ventilation equipment and systems for the residential and tertiary markets. The group offers small, medium and large power products to ensure the thermal comfort of homes, office spaces, shopping malls, public buildings, etc. The products are marketed to wholesalers/distributors and installers.

Groupe Airwell (XPAR:ALAIR) Headlines

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