Sword Group (XPAR:SWP) Inventory Turnover : 1.71 (As of Dec. 2023)

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What is Sword Group 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. Sword Group's Cost of Goods Sold for the six months ended in Dec. 2023 was €85.0 Mil. Sword Group's Average Total Inventories for the quarter that ended in Dec. 2023 was €49.8 Mil. Sword Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.71.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sword Group's Days Inventory for the six months ended in Dec. 2023 was 106.90.

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. Sword Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.35.

Sword Group Inventory Turnover Historical Data

The historical data trend for Sword Group'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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Sword Group Inventory Turnover Chart

Sword Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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3.41

3.98

5.65

5.08

4.10

Sword Group 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															2.57	2.58	2.20	1.81	1.71

Sword Group Inventory Turnover Calculation

Sword Group'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 )
=	166.043	/ (	(35.627	+	45.413)	/	2 )
=	166.043	/	40.52
=	4.10

Sword Group'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 )
=	84.951	/ (	(54.109	+	45.413)	/	2 )
=	84.951	/	49.761
=	1.71

Sword Group (XPAR:SWP) 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.

Sword Group'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
	=	49.761	/	84.951	*	365 / 2
	=	106.90

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.

Sword Group'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 )
	=	49.761	/	142.004
	=	0.35

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.

Sword Group Inventory Turnover Related Terms

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Sword Group (XPAR:SWP) Business Description

Industry

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Traded in Other Exchanges

9RS:Germany

Address

2, rue d’Arlon, Windhof, LUX, L-8399

Website

http://www.sword-group.com

Sword Group is a computer engineering services company which provides consulting, services and software. The firm's main business segments are IT Services and Software. These segments encompass information and content engineering systems integration, targeting of regulated markets, compliance management, software for risk and compliance, document and project management. The firm generates revenues mainly from consultancy and engineering services and sale of software licenses. Its targeted markets are institutions and government authorities, healthcare, banking and insurance, intellectual property and sports federations.