Kistos Holdings (LSE:KIST) Inventory Turnover : 2.05 (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Kistos Holdings 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. Kistos Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was £34.2 Mil. Kistos Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was £16.7 Mil. Kistos Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.05.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kistos Holdings's Days Inventory for the six months ended in Dec. 2023 was 89.20.

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. Kistos Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.19.

Kistos Holdings Inventory Turnover Historical Data

The historical data trend for Kistos Holdings'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.

Kistos Holdings Inventory Turnover Chart

Kistos Holdings Annual Data

Trend

Dec21

Dec22

Dec23

Inventory Turnover

4.34

4.82

Kistos Holdings Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	2.43	3.27	2.36	2.05

Kistos Holdings Inventory Turnover Calculation

Kistos Holdings'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 )
=	62.793	/ (	(8.426	+	17.638)	/	2 )
=	62.793	/	13.032
=	4.82

Kistos Holdings'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 )
=	34.168	/ (	(15.762	+	17.638)	/	2 )
=	34.168	/	16.7
=	2.05

Kistos Holdings (LSE:KIST) 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.

Kistos Holdings'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
	=	16.7	/	34.168	*	365 / 2
	=	89.20

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.

Kistos Holdings'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 )
	=	16.7	/	87.743
	=	0.19

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.

Kistos Holdings Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Kistos Holdings's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Kistos Holdings (LSE:KIST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Kistos Holdings PLC (LSE:KIST) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

KSTOF:USA LU0:Germany

Address

3 St James's Square, 2nd Floor, London, GBR, SW1Y 4JU

Website

https://www.kistosplc.com

Kistos Holdings PLC is a closed-ended investment company. The objective of the company is to create value for its investors through the acquisition and management of companies or businesses in the energy sector. Its segment includes Netherlands and UK. The company generates maximum revenue from the Netherlands segment. ? Netherlands segment comprising the production and sale of gas and other hydrocarbons from the Q10-A field, and the costs associated with exploration, appraisal and development of other Dutch licences.

Kistos Holdings (LSE:KIST) Headlines

No Headlines