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Compagnie deint-Gobain (XPAR:SGO) Inventory Turnover : 2.39 (As of Dec. 2023)


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What is Compagnie deint-Gobain 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. Compagnie deint-Gobain's Cost of Goods Sold for the six months ended in Dec. 2023 was €16,939 Mil. Compagnie deint-Gobain's Average Total Inventories for the quarter that ended in Dec. 2023 was €7,088 Mil. Compagnie deint-Gobain's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.39.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Compagnie deint-Gobain's Days Inventory for the six months ended in Dec. 2023 was 76.36.

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. Compagnie deint-Gobain's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.31.


Compagnie deint-Gobain Inventory Turnover Historical Data

The historical data trend for Compagnie deint-Gobain'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.

Compagnie deint-Gobain Inventory Turnover Chart

Compagnie deint-Gobain Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.09 4.95 5.42 5.50 5.00

Compagnie deint-Gobain 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.62 2.64 2.60 2.49 2.39

Compagnie deint-Gobain Inventory Turnover Calculation

Compagnie deint-Gobain'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 )
=35109 / ((7219 + 6813) / 2 )
=35109 / 7016
=5.00

Compagnie deint-Gobain'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 )
=16939 / ((7362 + 6813) / 2 )
=16939 / 7087.5
=2.39

* 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.


Compagnie deint-Gobain  (XPAR:SGO) 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.

Compagnie deint-Gobain'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
=7087.5/16939*365 / 2
=76.36

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.

Compagnie deint-Gobain'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 )
=7087.5 / 22990
=0.31

* 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.


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.


Compagnie deint-Gobain Inventory Turnover Related Terms

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Compagnie deint-Gobain (XPAR:SGO) Business Description

Address
12, Place de l'Iris, Tour Saint-Gobain, Courbevoie, FRA, 92400
Compagnie Saint-Gobain is a manufacturer of building materials that are primarily supplied to the construction industry. The company offers a vast range of products ranging from glass windows to plaster-based products and piping systems, as well as a distribution business. Saint-Gobain has a well-documented history stretching back to the 17th century, with traces of its products visible across France's most prominent landmarks. Approximately two thirds of sales are generated in Europe, with France contributing 26% of group sales.

Compagnie deint-Gobain (XPAR:SGO) Headlines

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