Engen Botswana (BOT:ENGNBT) Inventory Turnover : 0.00 (As of . 20)

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What is Engen Botswana 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. Engen Botswana's Cost of Goods Sold for the six months ended in . 20 was BWP0.00 Mil. Engen Botswana's Average Total Inventories for the quarter that ended in . 20 was BWP0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

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.

Engen Botswana Inventory Turnover Historical Data

The historical data trend for Engen Botswana'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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Engen Botswana Inventory Turnover Chart

Engen Botswana Annual Data

Trend

Inventory Turnover

Engen Botswana Semi-Annual Data

Inventory Turnover

Engen Botswana Inventory Turnover Calculation

Engen Botswana's Inventory Turnover for the fiscal year that ended in . 20 is calculated as

	Inventory Turnover (A: . 20 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: . 20 )	/ (	(Total Inventories (A: . 20 )	+	Total Inventories (A: . 20 ))	/	count )
=		/ (	(	+	)	/	1 )
=		/	0
=	N/A

Engen Botswana's Inventory Turnover for the quarter that ended in . 20 is calculated as

	Inventory Turnover (Q: . 20 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: . 20 )	/ (	(Total Inventories (Q: . 20 )	+	Total Inventories (Q: . 20 ))	/	count )
=		/ (	(	+	)	/	1 )
=		/	0
=	N/A

Engen Botswana (BOT:ENGNBT) 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.

Engen Botswana's Days Inventory for the six months ended in . 20 is calculated as:

Days Inventory	=	Average Total Inventories (Q: . 20 )	/	Cost of Goods Sold (Q: . 20 )	*	Days in Period
	=	0	/		*	365 / 2
	=

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.

Engen Botswana's Inventory to Revenue for the quarter that ended in . 20 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: . 20 )	/	Revenue (Q: . 20 )
	=	0	/
	=

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.

Engen Botswana Inventory Turnover Related Terms

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Engen Botswana (BOT:ENGNBT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Engen Botswana Ltd (BOT:ENGNBT) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot no 54026, Western Bypass, PO Box 867, Gaborone, BWA

Website

https://www.engen.co.za

Engen Botswana Ltd is engaged in the petroleum products industry. It is mainly focused on the marketing of petroleum, lubricants and functional fluids, chemicals, and retail convenience services. It also has a network of service stations across 7 countries in sub-Saharan Africa and the Indian Ocean Islands.

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