La Francaise Des Jeux (XPAR:FDJ) Inventory Turnover : 31.95 (As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is La Francaise Des Jeux 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. La Francaise Des Jeux's Cost of Goods Sold for the six months ended in Dec. 2023 was €692 Mil. La Francaise Des Jeux's Average Total Inventories for the quarter that ended in Dec. 2023 was €22 Mil. La Francaise Des Jeux's Inventory Turnover for the quarter that ended in Dec. 2023 was 31.95.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. La Francaise Des Jeux's Days Inventory for the six months ended in Dec. 2023 was 5.71.

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. La Francaise Des Jeux's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.02.

La Francaise Des Jeux Inventory Turnover Historical Data

The historical data trend for La Francaise Des Jeux'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.

* Premium members only.

La Francaise Des Jeux Inventory Turnover Chart

La Francaise Des Jeux Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

124.06

84.96

88.37

84.42

67.60

La Francaise Des Jeux Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial									47.73	50.95	43.57	35.85	31.95

La Francaise Des Jeux Inventory Turnover Calculation

La Francaise Des Jeux'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 )
=	1392.5	/ (	(18.5	+	22.7)	/	2 )
=	1392.5	/	20.6
=	67.60

La Francaise Des Jeux'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 )
=	691.7	/ (	(20.6	+	22.7)	/	2 )
=	691.7	/	21.65
=	31.95

La Francaise Des Jeux (XPAR:FDJ) 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.

La Francaise Des Jeux'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
	=	21.65	/	691.7	*	365 / 2
	=	5.71

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.

La Francaise Des Jeux'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 )
	=	21.65	/	1332.6
	=	0.02

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.

La Francaise Des Jeux Inventory Turnover Related Terms

Thank you for viewing the detailed overview of La Francaise Des Jeux's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

La Francaise Des Jeux (XPAR:FDJ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » La Francaise Des Jeux SA (XPAR:FDJ) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

LFDJF:USA FDJp:UK 0A8B:UK 1WE:Germany

Address

3-7 Quai du Point du Jour, Boulogne-Billancourt, Paris, FRA, 92100

Website

https://www.groupefdj.com

La Francaise Des Jeux SA is engaged in lottery games and sports betting. Its lottery games include draw games and instant games. The company offers approximately more than 80 lottery games.

La Francaise Des Jeux (XPAR:FDJ) Headlines

No Headlines