Mecanica Ceahlau (BSE:MECF) Inventory Turnover : 0.09 (As of Mar. 2024)

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What is Mecanica Ceahlau 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. Mecanica Ceahlau's Cost of Goods Sold for the three months ended in Mar. 2024 was lei3.87 Mil. Mecanica Ceahlau's Average Total Inventories for the quarter that ended in Mar. 2024 was lei44.61 Mil. Mecanica Ceahlau's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.09.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mecanica Ceahlau's Days Inventory for the three months ended in Mar. 2024 was 1,052.22.

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. Mecanica Ceahlau's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 7.09.

Mecanica Ceahlau Inventory Turnover Historical Data

The historical data trend for Mecanica Ceahlau'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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Mecanica Ceahlau Inventory Turnover Chart

Mecanica Ceahlau Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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0.95

0.53

1.21

1.34

0.46

Mecanica Ceahlau Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															0.18	0.13	0.08	0.08	0.09

Mecanica Ceahlau Inventory Turnover Calculation

Mecanica Ceahlau'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 )
=	16.846	/ (	(27.652	+	46.358)	/	2 )
=	16.846	/	37.005
=	0.46

Mecanica Ceahlau'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 )
=	3.869	/ (	(46.358	+	42.87)	/	2 )
=	3.869	/	44.614
=	0.09

Mecanica Ceahlau (BSE:MECF) 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.

Mecanica Ceahlau'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
	=	44.614	/	3.869	*	365 / 4
	=	1,052.22

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.

Mecanica Ceahlau'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 )
	=	44.614	/	6.293
	=	7.09

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.

Mecanica Ceahlau Inventory Turnover Related Terms

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Mecanica Ceahlau (BSE:MECF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Mecanica Ceahlau (BSE:MECF) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dumbravei Street, nr. 6, Neamt County, Piatra Neamt, ROU, 610202

Website

https://www.mecanicaceahlau.ro

Mecanica Ceahlau is engaged in manufacturing of agricultural machinery. Its products include CF 5, CF 7, CF 9, CFM 7, CFM 9, CSC 00B/5, CSC 00B/7, CSC 00B/9, FB 1600, as well as agricultural trailers with a capacity of 4 to 20 tons.

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