Companhia de Participacoes Alianca da Bahia (BSP:PEAB3) Inventory Turnover : 0.14 (As of Dec. 2023)

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What is Companhia de Participacoes Alianca da Bahia 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. Companhia de Participacoes Alianca da Bahia's Cost of Goods Sold for the three months ended in Dec. 2023 was R$2.40 Mil. Companhia de Participacoes Alianca da Bahia's Average Total Inventories for the quarter that ended in Dec. 2023 was R$16.69 Mil. Companhia de Participacoes Alianca da Bahia's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.14.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Companhia de Participacoes Alianca da Bahia's Days Inventory for the three months ended in Dec. 2023 was 634.42.

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. Companhia de Participacoes Alianca da Bahia's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.36.

Companhia de Participacoes Alianca da Bahia Inventory Turnover Historical Data

The historical data trend for Companhia de Participacoes Alianca da Bahia'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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Companhia de Participacoes Alianca da Bahia Inventory Turnover Chart

Companhia de Participacoes Alianca da Bahia Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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36.73

0.64

0.77

0.42

0.56

Companhia de Participacoes Alianca da Bahia Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															0.03	0.15	0.15	0.15	0.14

Companhia de Participacoes Alianca da Bahia Inventory Turnover Calculation

Companhia de Participacoes Alianca da Bahia'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 )
=	10.949	/ (	(22.209	+	17.16)	/	2 )
=	10.949	/	19.6845
=	0.56

Companhia de Participacoes Alianca da Bahia'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: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	2.4	/ (	(16.212	+	17.16)	/	2 )
=	2.4	/	16.686
=	0.14

Companhia de Participacoes Alianca da Bahia (BSP:PEAB3) 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.

Companhia de Participacoes Alianca da Bahia's Days Inventory for the three 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
	=	16.686	/	2.4	*	365 / 4
	=	634.42

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.

Companhia de Participacoes Alianca da Bahia'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 )
	=	16.686	/	12.306
	=	1.36

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.

Companhia de Participacoes Alianca da Bahia Inventory Turnover Related Terms

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Companhia de Participacoes Alianca da Bahia (BSP:PEAB3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Companhia de Participacoes Alianca da Bahia (BSP:PEAB3) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

PEAB4:Brazil

Address

Av. Prof. Magalhães Neto,, 11th floor, Tower Itausa, Pituba, Salvador, BA, BRA, 1752

Website

http://www.aliancaparticipacoes.com.br

Companhia de Participacoes Alianca da Bahia is a holding company. It is in the sectors such as agriculture, health care services, commercial operation of bars and restaurants, real estate and engineering.

Companhia de Participacoes Alianca da Bahia (BSP:PEAB3) Headlines

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