C Mer Industries (XTAE:CMER) Inventory Turnover : 1.95 (As of Dec. 2023)

View and export this data going back to 2000. Start your Free Trial

What is C Mer Industries 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. C Mer Industries's Cost of Goods Sold for the three months ended in Dec. 2023 was ₪141.5 Mil. C Mer Industries's Average Total Inventories for the quarter that ended in Dec. 2023 was ₪72.7 Mil. C Mer Industries's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.95.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. C Mer Industries's Days Inventory for the three months ended in Dec. 2023 was 46.87.

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. C Mer Industries's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.43.

C Mer Industries Inventory Turnover Historical Data

The historical data trend for C Mer Industries'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.

C Mer Industries Inventory Turnover Chart

C Mer Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

5.20

4.60

5.66

6.60

7.66

C Mer Industries 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															2.01	1.83	1.75	1.90	1.95

C Mer Industries Inventory Turnover Calculation

C Mer Industries'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 )
=	545.42	/ (	(70.103	+	72.291)	/	2 )
=	545.42	/	71.197
=	7.66

C Mer Industries'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 )
=	141.524	/ (	(73.085	+	72.291)	/	2 )
=	141.524	/	72.688
=	1.95

C Mer Industries (XTAE:CMER) 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.

C Mer Industries'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
	=	72.688	/	141.524	*	365 / 4
	=	46.87

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.

C Mer Industries'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 )
	=	72.688	/	170.331
	=	0.43

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.

C Mer Industries Inventory Turnover Related Terms

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

C Mer Industries (XTAE:CMER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » C Mer Industries Ltd (XTAE:CMER) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

5 Hatzoref Street, Holon, ISR, 5885633

Website

http://www.mer-group.com

C Mer Industries Ltd offers a diverse portfolio of technology-based solutions and end-to-end services that include consultancy, development, engineering, and manufacturing, as well as integration and implementation. Its solutions and products include Communications Infrastructure, Safe and Smart City, Homeland Security, Emergency Response Management and Mobile Platforms among others.

C Mer Industries (XTAE:CMER) Headlines

No Headlines