Chimimport AD (XBUL:6C4P.PFD) Inventory Turnover : -1.75 (As of Sep. 2023)

View and export this data going back to 2010. Start your Free Trial

What is Chimimport AD 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. Chimimport AD's Cost of Goods Sold for the three months ended in Sep. 2023 was лв-109.53 Mil. Chimimport AD's Average Total Inventories for the quarter that ended in Sep. 2023 was лв62.51 Mil. Chimimport AD's Inventory Turnover for the quarter that ended in Sep. 2023 was -1.75.

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. Chimimport AD's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.95.

Chimimport AD Inventory Turnover Historical Data

The historical data trend for Chimimport AD'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.

Chimimport AD Inventory Turnover Chart

Chimimport AD Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

Get a 7-Day Free Trial

9.06

7.36

6.50

3.91

4.34

Chimimport AD Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Inventory Turnover	Get a 7-Day Free Trial															1.25	-0.52	1.00	1.53	-1.75

Chimimport AD Inventory Turnover Calculation

Chimimport AD's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	250.653	/ (	(54.3	+	61.331)	/	2 )
=	250.653	/	57.8155
=	4.34

Chimimport AD'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 )
=	-109.53	/ (	(62.254	+	62.757)	/	2 )
=	-109.53	/	62.5055
=	-1.75

Chimimport AD (XBUL:6C4P.PFD) 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.

Chimimport AD'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
	=	62.5055	/	-109.53	*	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.

Chimimport AD'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 )
	=	62.5055	/	65.687
	=	0.95

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.

Chimimport AD Inventory Turnover Related Terms

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

Chimimport AD (XBUL:6C4P.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Chimimport AD (XBUL:6C4P.PFD) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

CHIM:Bulgaria

Address

2 Stefan Karadja Street, Sofia, BGR, 1080

Website

https://www.chimimport.bg

Chimimport AD is a company, engages in the acquisition of shares, the restructuring, and management of its subsidiaries in Bulgarian and foreign companies. The company's operating segment includes Production, trade and services; Finance; Transport; Real estate and Construction and engineering sector. Transport segment provides air, river and marine transport. It generates maximum revenue from the Transport segment.

Chimimport AD (XBUL:6C4P.PFD) Headlines

No Headlines