Krynica Vitamin (WAR:KVT) Inventory Turnover : 1.94 (As of Dec. 2023)

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What is Krynica Vitamin 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. Krynica Vitamin's Cost of Goods Sold for the three months ended in Dec. 2023 was zł72.7 Mil. Krynica Vitamin's Average Total Inventories for the quarter that ended in Dec. 2023 was zł37.5 Mil. Krynica Vitamin's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.94.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Krynica Vitamin's Days Inventory for the three months ended in Dec. 2023 was 47.10.

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. Krynica Vitamin's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.46.

Krynica Vitamin Inventory Turnover Historical Data

The historical data trend for Krynica Vitamin'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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Krynica Vitamin Inventory Turnover Chart

Krynica Vitamin Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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10.73

13.45

11.66

8.31

7.38

Krynica Vitamin 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															1.82	1.34	1.96	2.51	1.94

Krynica Vitamin Inventory Turnover Calculation

Krynica Vitamin'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 )
=	307.46	/ (	(42.026	+	41.258)	/	2 )
=	307.46	/	41.642
=	7.38

Krynica Vitamin'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 )
=	72.722	/ (	(33.815	+	41.258)	/	2 )
=	72.722	/	37.5365
=	1.94

Krynica Vitamin (WAR:KVT) 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.

Krynica Vitamin'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
	=	37.5365	/	72.722	*	365 / 4
	=	47.10

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.

Krynica Vitamin'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 )
	=	37.5365	/	81.199
	=	0.46

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.

Krynica Vitamin Inventory Turnover Related Terms

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Krynica Vitamin (WAR:KVT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Krynica Vitamin SA (WAR:KVT) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

Ulica Matyldy 35, Warsaw, POL, 03-606

Website

http://www.krynicavitamin.com

Krynica Vitamin SA is a Polish producer of non-alcoholic and low-alcoholic beverages. The company is engaged in producing beverages for own brands and providing bottling services for brand-name products. It offer includes functional and energy drinks such as isotonic and hypotonic drinks, beverages that support metabolism, and diet supplementary vitamin drinks. It also offers functional waters, modern mixed-fruit drinks, drinks with fruit pulp, alcopops, ciders, malt beverages and a wide selection of carbonated beverages.

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