Florentaise S A (XPAR:ALFLO) Inventory Turnover : 2.21 (As of Jun. 2022)

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What is Florentaise S A 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. Florentaise S A's Cost of Goods Sold for the six months ended in Jun. 2022 was €29.35 Mil. Florentaise S A's Average Total Inventories for the quarter that ended in Jun. 2022 was €13.28 Mil. Florentaise S A's Inventory Turnover for the quarter that ended in Jun. 2022 was 2.21.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Florentaise S A's Days Inventory for the six months ended in Jun. 2022 was 82.56.

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. Florentaise S A's Inventory-to-Revenue for the quarter that ended in Jun. 2022 was 0.23.

Florentaise S A Inventory Turnover Historical Data

The historical data trend for Florentaise S A'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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Florentaise S A Inventory Turnover Chart

Florentaise S A Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Inventory Turnover

2.50

3.02

2.21

Florentaise S A Semi-Annual Data
	Jun19	Jun20	Jun21	Jun22
Inventory Turnover	-	2.50	3.02	2.21

Florentaise S A Inventory Turnover Calculation

Florentaise S A's Inventory Turnover for the fiscal year that ended in Jun. 2022 is calculated as

	Inventory Turnover (A: Jun. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2022 )	/ (	(Total Inventories (A: Jun. 2021 )	+	Total Inventories (A: Jun. 2022 ))	/	count )
=	29.353	/ (	(11.579	+	14.978)	/	2 )
=	29.353	/	13.2785
=	2.21

Florentaise S A's Inventory Turnover for the quarter that ended in Jun. 2022 is calculated as

	Inventory Turnover (Q: Jun. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2022 )	/ (	(Total Inventories (Q: Jun. 2021 )	+	Total Inventories (Q: Jun. 2022 ))	/	count )
=	29.353	/ (	(11.579	+	14.978)	/	2 )
=	29.353	/	13.2785
=	2.21

Florentaise S A (XPAR:ALFLO) 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.

Florentaise S A's Days Inventory for the six months ended in Jun. 2022 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2022 )	/	Cost of Goods Sold (Q: Jun. 2022 )	*	Days in Period
	=	13.2785	/	29.353	*	365 / 2
	=	82.56

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.

Florentaise S A's Inventory to Revenue for the quarter that ended in Jun. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2022 )	/	Revenue (Q: Jun. 2022 )
	=	13.2785	/	57.511
	=	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.

Florentaise S A Inventory Turnover Related Terms

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Florentaise S A (XPAR:ALFLO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Florentaise S A (XPAR:ALFLO) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

QR0:Germany

Address

Le Grand Patis, Saint-Mars-du-Desert, FRA, 44850

Website

https://www.florentaise.com

Florentaise S A ambition is to develop innovative products and components serving the cultivation, food and health of plants that are both environmentally friendly and effective.

Florentaise S A (XPAR:ALFLO) Headlines

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