Delfingen Industry (XPAR:ALDEL) Inventory Turnover : 2.80 (As of Dec. 2023)

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What is Delfingen Industry 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. Delfingen Industry's Cost of Goods Sold for the six months ended in Dec. 2023 was €141.2 Mil. Delfingen Industry's Average Total Inventories for the quarter that ended in Dec. 2023 was €50.5 Mil. Delfingen Industry's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.80.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Delfingen Industry's Days Inventory for the six months ended in Dec. 2023 was 65.27.

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. Delfingen Industry's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.23.

Delfingen Industry Inventory Turnover Historical Data

The historical data trend for Delfingen Industry'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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Delfingen Industry Inventory Turnover Chart

Delfingen Industry Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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5.49

-1.95

5.71

5.48

5.43

Delfingen Industry 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															2.47	2.77	2.57	2.69	2.80

Delfingen Industry Inventory Turnover Calculation

Delfingen Industry'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 )
=	290.642	/ (	(58.587	+	48.499)	/	2 )
=	290.642	/	53.543
=	5.43

Delfingen Industry'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 )
=	141.168	/ (	(52.477	+	48.499)	/	2 )
=	141.168	/	50.488
=	2.80

Delfingen Industry (XPAR:ALDEL) 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.

Delfingen Industry'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
	=	50.488	/	141.168	*	365 / 2
	=	65.27

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.

Delfingen Industry'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 )
	=	50.488	/	222.884
	=	0.23

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.

Delfingen Industry Inventory Turnover Related Terms

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Delfingen Industry (XPAR:ALDEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Delfingen Industry SA (XPAR:ALDEL) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

HBS:Germany

Address

Rue Emile Streit, Anteuil, FRA, 25340

Website

http://www.delfingen.com

Delfingen Industry SA is a France based company engaged in providing protective solutions for the automobile industry. It manufactures products for protection of electrical wiring and fluid on-board networks. It also manufactures and supplies tubing and sleeving systems, and components and assemblies to protect and route electrical wiring harnesses, pipes, and hoses. The company offers fluid transfer tubing for carrying, filling, draining, transferring and distributing low-pressure fluids. In addition, it also provides interior trim and seat covers fastening solutions, electrical and thermal insulation sleeving solutions, and assembly technology services. The company has its business presence in France, China, Brazil, Canada, India, Japan, Korea, Thailand, USA, and other countries.

Delfingen Industry (XPAR:ALDEL) Headlines

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