Mauritius Chemical & Fertilizer Industry (XMAU:MCFI) Inventory Turnover : 0.00 (As of Mar. 2024)

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What is Mauritius Chemical & Fertilizer Industry 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. Mauritius Chemical & Fertilizer Industry's Cost of Goods Sold for the three months ended in Mar. 2024 was MUR0 Mil. Mauritius Chemical & Fertilizer Industry's Average Total Inventories for the quarter that ended in Mar. 2024 was MUR0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

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. Mauritius Chemical & Fertilizer Industry's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

Mauritius Chemical & Fertilizer Industry Inventory Turnover Historical Data

The historical data trend for Mauritius Chemical & Fertilizer Industry'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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Mauritius Chemical & Fertilizer Industry Inventory Turnover Chart

Mauritius Chemical & Fertilizer Industry Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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3.39

3.83

4.82

4.93

Mauritius Chemical & Fertilizer Industry 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															-	-	-	-	-

Mauritius Chemical & Fertilizer Industry Inventory Turnover Calculation

Mauritius Chemical & Fertilizer Industry'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 )
=	0	/ (	(287.491	+	0)	/	1 )
=	0	/	287.491
=	0.00

Mauritius Chemical & Fertilizer Industry'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 )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Mauritius Chemical & Fertilizer Industry (XMAU:MCFI) 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.

Mauritius Chemical & Fertilizer Industry'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
	=	0	/	0	*	365 / 4
	=

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.

Mauritius Chemical & Fertilizer Industry'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 )
	=	0	/	303.735
	=	0.00

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.

Mauritius Chemical & Fertilizer Industry Inventory Turnover Related Terms

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Mauritius Chemical & Fertilizer Industry (XMAU:MCFI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Mauritius Chemical & Fertilizer Industry Ltd (XMAU:MCFI) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

18, Edith Cavell Street, Chaussee Tromelin, Fort George, Port Louis, MUS

Website

https://www.ingenia.mu

Mauritius Chemical & Fertilizer Industry Ltd is engaged in the manufacturing of (NPK) complex, blending, and trading of fertilizers. The company operates through three business segments namely Fertilizers, Trading, and Contracting. The company generates the majority of its revenue from the trading segment. The company geographically operates its business in Mauritius, Reunion, Madagascar, and Africa. The company generates the majority of its revenue from Mauritius geographically.

Mauritius Chemical & Fertilizer Industry (XMAU:MCFI) Headlines

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