Ambipar Emergency Response (Ambipar Emergency Response) Inventory Turnover : 17.07 (As of Dec. 2023)

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What is Ambipar Emergency Response 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. Ambipar Emergency Response's Cost of Goods Sold for the three months ended in Dec. 2023 was $121.2 Mil. Ambipar Emergency Response's Average Total Inventories for the quarter that ended in Dec. 2023 was $7.1 Mil. Ambipar Emergency Response's Inventory Turnover for the quarter that ended in Dec. 2023 was 17.07.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ambipar Emergency Response's Days Inventory for the three months ended in Dec. 2023 was 5.34.

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. Ambipar Emergency Response's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.05.

Ambipar Emergency Response Inventory Turnover Historical Data

The historical data trend for Ambipar Emergency Response'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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Ambipar Emergency Response Inventory Turnover Chart

Ambipar Emergency Response Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

73.44

85.51

101.83

81.83

Ambipar Emergency Response Quarterly Data
	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial				22.27	28.00	-	16.36	17.07

Ambipar Emergency Response Inventory Turnover Calculation

Ambipar Emergency Response'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 )
=	426.647	/ (	(3.456	+	6.972)	/	2 )
=	426.647	/	5.214
=	81.83

Ambipar Emergency Response'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 )
=	121.188	/ (	(7.224	+	6.972)	/	2 )
=	121.188	/	7.098
=	17.07

Ambipar Emergency Response (AMEX:AMBI) 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.

Ambipar Emergency Response'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
	=	7.098	/	121.188	*	365 / 4
	=	5.34

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.

Ambipar Emergency Response'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 )
	=	7.098	/	151.135
	=	0.05

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.

Ambipar Emergency Response Inventory Turnover Related Terms

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Ambipar Emergency Response (Ambipar Emergency Response) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Ambipar Emergency Response (AMEX:AMBI) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

Avenida Angélica, N 2346, 5th Floor, Sao Paulo, SP, BRA, 01228-200

Website

http://www.ir.response.ambipar.com

Ambipar Emergency Response is a environmental, emergency response and industrial field service provider in Brazil with presence in 16 countries in Latin America, North America, Europe, Africa and Antarctica. The company provides customers with a full suite of environmental services organized around prevention, training and emergency response on all transportation modes. The portfolio includes a broad variety of services such as environmental remediation, industrial field services, industrial cleaning of chemical and non-chemical products and of hazardous and non-hazardous waste, consulting services focused on accident prevention and environmental licensing.

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