Groupe Berkem (XPAR:ALKEM) Inventory Turnover : 1.06 (As of Dec. 2023)

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What is Groupe Berkem 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 Berkem's Cost of Goods Sold for the six months ended in Dec. 2023 was €14.46 Mil. Groupe Berkem's Average Total Inventories for the quarter that ended in Dec. 2023 was €13.64 Mil. Groupe Berkem's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.06.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Groupe Berkem's Days Inventory for the six months ended in Dec. 2023 was 172.14.

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 Berkem's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.53.

Groupe Berkem Inventory Turnover Historical Data

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

Groupe Berkem Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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2.37

2.46

4.22

2.68

2.16

Groupe Berkem Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial				-	1.50	1.19	0.95	1.06

Groupe Berkem Inventory Turnover Calculation

Groupe Berkem'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 )
=	26.582	/ (	(11.377	+	13.184)	/	2 )
=	26.582	/	12.2805
=	2.16

Groupe Berkem'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 )
=	14.463	/ (	(14.1	+	13.184)	/	2 )
=	14.463	/	13.642
=	1.06

Groupe Berkem (XPAR:ALKEM) 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 Berkem'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
	=	13.642	/	14.463	*	365 / 2
	=	172.14

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 Berkem'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 )
	=	13.642	/	25.944
	=	0.53

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 Berkem Inventory Turnover Related Terms

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Groupe Berkem (XPAR:ALKEM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Groupe Berkem SA (XPAR:ALKEM) » Definitions » Inventory Turnover

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Address

Marais Ouest, Gardonne, FRA, 24680

Website

https://www.berkem.com

Groupe Berkem SA is a benchmark player in plant-based chemistry with the mission of accelerating the ecological transition of players in everyday chemistry. It designs and manufactures a wide range of active ingredients derived from plant materials, which are then offered to manufacturers for the formulation of products.

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