Carlos Casado (BUE:CADO) Inventory Turnover : 0.41 (As of Mar. 2024)

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What is Carlos Casado 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. Carlos Casado's Cost of Goods Sold for the three months ended in Mar. 2024 was ARS899 Mil. Carlos Casado's Average Total Inventories for the quarter that ended in Mar. 2024 was ARS2,220 Mil. Carlos Casado's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.41.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Carlos Casado's Days Inventory for the three months ended in Mar. 2024 was 225.24.

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. Carlos Casado's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 2.22.

Carlos Casado Inventory Turnover Historical Data

The historical data trend for Carlos Casado'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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Carlos Casado Inventory Turnover Chart

Carlos Casado Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Jun20

Jun21

Jun22

Jun23

Inventory Turnover

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3.41

4.88

4.69

5.31

4.67

Carlos Casado Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															0.47	1.38	0.60	0.92	0.41

Carlos Casado Inventory Turnover Calculation

Carlos Casado's Inventory Turnover for the fiscal year that ended in Jun. 2023 is calculated as

	Inventory Turnover (A: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2023 )	/ (	(Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )
=	2622.049	/ (	(384.155	+	738.05)	/	2 )
=	2622.049	/	561.1025
=	4.67

Carlos Casado's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	899.349	/ (	(1860.571	+	2579.333)	/	2 )
=	899.349	/	2219.952
=	0.41

Carlos Casado (BUE:CADO) 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.

Carlos Casado's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	2219.952	/	899.349	*	365 / 4
	=	225.24

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.

Carlos Casado's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	2219.952	/	998.111
	=	2.22

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.

Carlos Casado Inventory Turnover Related Terms

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Carlos Casado (BUE:CADO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Carlos Casado SA (BUE:CADO) » Definitions » Inventory Turnover

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Address

Building Torre Alem Plaza, 15th Floor, Avda. Leandro N Alem 855, Buenos Aires, ARG, CP1001

Website

http://www.carloscasadosa.com

Carlos Casado SA is an agricultural company in Latin America. The company has diversified its operations into three segments, being Transformation of Land, Agriculture, and Livestock. Transformation of Land segment focuses on acquisition and management of land properties. Agricultural activities focus on the dry production of soybean and corn in a balanced rotation to conserve the potential of the soil. Livestock activities include animal feeding operation.

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