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Tuimazinskiy Zavod Avtobetonovozov PTC (MIC:TUZA) Inventory Turnover : 2.22 (As of Sep. 2023)


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What is Tuimazinskiy Zavod Avtobetonovozov PTC 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. Tuimazinskiy Zavod Avtobetonovozov PTC's Cost of Goods Sold for the three months ended in Sep. 2023 was ₽2,601 Mil. Tuimazinskiy Zavod Avtobetonovozov PTC's Average Total Inventories for the quarter that ended in Sep. 2023 was ₽1,173 Mil. Tuimazinskiy Zavod Avtobetonovozov PTC's Inventory Turnover for the quarter that ended in Sep. 2023 was 2.22.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tuimazinskiy Zavod Avtobetonovozov PTC's Days Inventory for the three months ended in Sep. 2023 was 41.16.

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. Tuimazinskiy Zavod Avtobetonovozov PTC's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.42.


Tuimazinskiy Zavod Avtobetonovozov PTC Inventory Turnover Historical Data

The historical data trend for Tuimazinskiy Zavod Avtobetonovozov PTC'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.

Tuimazinskiy Zavod Avtobetonovozov PTC Inventory Turnover Chart

Tuimazinskiy Zavod Avtobetonovozov PTC Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.91 5.61 5.34 6.14 6.57

Tuimazinskiy Zavod Avtobetonovozov PTC Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Jun23 Sep23
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.09 1.89 2.01 - 2.22

Tuimazinskiy Zavod Avtobetonovozov PTC Inventory Turnover Calculation

Tuimazinskiy Zavod Avtobetonovozov PTC's Inventory Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Inventory Turnover (A: Dec. 2021 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2021 ) / ((Total Inventories (A: Dec. 2020 ) + Total Inventories (A: Dec. 2021 )) / count )
=2452.13 / ((293.553 + 452.473) / 2 )
=2452.13 / 373.013
=6.57

Tuimazinskiy Zavod Avtobetonovozov PTC's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover (Q: Sep. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2023 ) / ((Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count )
=2600.511 / ((1101.424 + 1244.43) / 2 )
=2600.511 / 1172.927
=2.22

* 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.


Tuimazinskiy Zavod Avtobetonovozov PTC  (MIC:TUZA) 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.

Tuimazinskiy Zavod Avtobetonovozov PTC's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=1172.927/2600.511*365 / 4
=41.16

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.

Tuimazinskiy Zavod Avtobetonovozov PTC's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=1172.927 / 2769.531
=0.42

* 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.


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.


Tuimazinskiy Zavod Avtobetonovozov PTC Inventory Turnover Related Terms

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Tuimazinskiy Zavod Avtobetonovozov PTC (MIC:TUZA) Business Description

Traded in Other Exchanges
N/A
Address
17 Oktyabrya Street, Tuimazy, Republic of Bashkortostan, RUS, 452755
Tuimazinskiy Zavod Avtobetonovozov PTC manufactures special equipment for concrete and other industries. The company specializes in the design and production of special equipment for the construction, municipal, agricultural, oil and gas industries. The product portfolio includes concrete mixers, fire foam, stationary concrete pumps, trailers, among others.

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