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National Atomic Co Kazatomprom JSC (XKAZ:KZAP) Inventory Turnover : 0.37 (As of Sep. 2023)


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What is National Atomic Co Kazatomprom JSC 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. National Atomic Co Kazatomprom JSC's Cost of Goods Sold for the three months ended in Sep. 2023 was ₸152,256 Mil. National Atomic Co Kazatomprom JSC's Average Total Inventories for the quarter that ended in Sep. 2023 was ₸406,360 Mil. National Atomic Co Kazatomprom JSC's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.37.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. National Atomic Co Kazatomprom JSC's Days Inventory for the three months ended in Sep. 2023 was 243.54.

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. National Atomic Co Kazatomprom JSC's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 1.65.


National Atomic Co Kazatomprom JSC Inventory Turnover Historical Data

The historical data trend for National Atomic Co Kazatomprom JSC'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.

National Atomic Co Kazatomprom JSC Inventory Turnover Chart

National Atomic Co Kazatomprom JSC Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Inventory Turnover
Get a 7-Day Free Trial 1.84 1.58 1.42 1.58 1.42

National Atomic Co Kazatomprom JSC Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.48 0.09 0.67 0.27 0.37

National Atomic Co Kazatomprom JSC Inventory Turnover Calculation

National Atomic Co Kazatomprom JSC'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 )
=475097 / ((275856 + 392621) / 2 )
=475097 / 334238.5
=1.42

National Atomic Co Kazatomprom JSC'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 )
=152256 / ((392796 + 419924) / 2 )
=152256 / 406360
=0.37

* 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.


National Atomic Co Kazatomprom JSC  (XKAZ:KZAP) 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.

National Atomic Co Kazatomprom JSC'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
=406360/152256*365 / 4
=243.54

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.

National Atomic Co Kazatomprom JSC'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 )
=406360 / 245869
=1.65

* 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.


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.


National Atomic Co Kazatomprom JSC Inventory Turnover Related Terms

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National Atomic Co Kazatomprom JSC (XKAZ:KZAP) Business Description

Address
Syganak Street, Building 17/12, Astana, KAZ, Z05T1X3
National Atomic Co Kazatomprom JSC is a producer of uranium. All of the company's mining operations are located in Kazakhstan and extract uranium using ISR technology with a focus on maintaining industry-leading health, safety and environment standards. The company's segment includes Uranium; UMP and Other. It generates maximum revenue from the Uranium segment.

National Atomic Co Kazatomprom JSC (XKAZ:KZAP) Headlines

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