Gevorkyan CZ sro (XPRA:GEV) Inventory Turnover : 0.04 (As of Mar. 2024)

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What is Gevorkyan CZ sro 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. Gevorkyan CZ sro's Cost of Goods Sold for the three months ended in Mar. 2024 was Kč25 Mil. Gevorkyan CZ sro's Average Total Inventories for the quarter that ended in Mar. 2024 was Kč680 Mil. Gevorkyan CZ sro's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.04.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Gevorkyan CZ sro's Days Inventory for the three months ended in Mar. 2024 was 2,526.11.

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. Gevorkyan CZ sro's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.63.

Gevorkyan CZ sro Inventory Turnover Historical Data

The historical data trend for Gevorkyan CZ sro'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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Gevorkyan CZ sro Inventory Turnover Chart

Gevorkyan CZ sro Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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1.21

1.42

1.34

1.23

1.51

Gevorkyan CZ sro Quarterly Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial										-	-	-	-	0.04

Gevorkyan CZ sro Inventory Turnover Calculation

Gevorkyan CZ sro'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 )
=	933.928	/ (	(581.222	+	652.771)	/	2 )
=	933.928	/	616.9965
=	1.51

Gevorkyan CZ sro'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 )
=	24.559	/ (	(652.771	+	706.981)	/	2 )
=	24.559	/	679.876
=	0.04

Gevorkyan CZ sro (XPRA:GEV) 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.

Gevorkyan CZ sro'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
	=	679.876	/	24.559	*	365 / 4
	=	2,526.11

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.

Gevorkyan CZ sro'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 )
	=	679.876	/	417.264
	=	1.63

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.

Gevorkyan CZ sro Inventory Turnover Related Terms

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Gevorkyan CZ sro (XPRA:GEV) Business Description

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1GVR001E:Slovakia

Address

Karolinska 661/4, Karlín, Praha 8, Prague, CZE, 186 00

Website

https://www.gevorkyan.sk

Gevorkyan CZ sro engages in powder metallurgy. Its technologies consist of Powder metallurgy (PM SINTER) Sintering-classical powder metallurgy is the production of metal products from powders by pressing and subsequent high-temperature sintering in furnaces; Metal powder injection moulding (MIM) technology is based on three basic processes: selecting the right combination of metal powders and polymers, injecting the material into the mould and sintering in special furnaces; Hot isostatic pressing (HIP) is the process of compacting powders or castings and sintered parts in a furnace at high pressure and temperature; Additive manufacturing (AM) is the deposition of fine layers of metal powders on a 3D printer followed by sintering.

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