Boa Concept (XPAR:ALBOA) Inventory Turnover : 1.34 (As of Dec. 2023)

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What is Boa Concept 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. Boa Concept's Cost of Goods Sold for the six months ended in Dec. 2023 was €2.99 Mil. Boa Concept's Average Total Inventories for the quarter that ended in Dec. 2023 was €2.23 Mil. Boa Concept's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.34.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Boa Concept's Days Inventory for the six months ended in Dec. 2023 was 136.08.

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. Boa Concept's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.32.

Boa Concept Inventory Turnover Historical Data

The historical data trend for Boa Concept'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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Boa Concept Inventory Turnover Chart

Boa Concept Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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5.11

2.35

8.00

6.69

3.55

Boa Concept Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial					4.69	2.82	2.88	2.27	1.34

Boa Concept Inventory Turnover Calculation

Boa Concept'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 )
=	7.926	/ (	(2.177	+	2.283)	/	2 )
=	7.926	/	2.23
=	3.55

Boa Concept'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 )
=	2.992	/ (	(2.179	+	2.283)	/	2 )
=	2.992	/	2.231
=	1.34

Boa Concept (XPAR:ALBOA) 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.

Boa Concept'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
	=	2.231	/	2.992	*	365 / 2
	=	136.08

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.

Boa Concept'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 )
	=	2.231	/	7.007
	=	0.32

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.

Boa Concept Inventory Turnover Related Terms

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Boa Concept (XPAR:ALBOA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Boa Concept SA (XPAR:ALBOA) » Definitions » Inventory Turnover

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Address

22, rue de Meons, Saint-Etienne, FRA, F 42000

Website

https://www.boa-concept.com

Boa Concept SA is engaged in the provision of intralogistics. The company offers a range of intelligent Plug-and-Carry modular conveyors for light and heavy loads as well as a robotic Plug-and-Store storage system.

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