Santierul Naval Orsova (BSE:SNO) Inventory Turnover : 0.57 (As of Dec. 2024)

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What is Santierul Naval Orsova 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. Santierul Naval Orsova's Cost of Goods Sold for the three months ended in Dec. 2024 was lei19.51 Mil. Santierul Naval Orsova's Average Total Inventories for the quarter that ended in Dec. 2024 was lei33.96 Mil. Santierul Naval Orsova's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.57.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Santierul Naval Orsova's Days Inventory for the three months ended in Dec. 2024 was 158.82.

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. Santierul Naval Orsova's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 1.16.

Santierul Naval Orsova Inventory Turnover Historical Data

The historical data trend for Santierul Naval Orsova'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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Santierul Naval Orsova Inventory Turnover Chart

Santierul Naval Orsova Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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1.51

2.26

1.38

1.99

2.22

Santierul Naval Orsova Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															0.47	0.43	0.85	0.47	0.57

Santierul Naval Orsova Inventory Turnover Calculation

Santierul Naval Orsova's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Inventory Turnover (A: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2024 )	/ (	(Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )
=	72.665	/ (	(28.968	+	36.48)	/	2 )
=	72.665	/	32.724
=	2.22

Santierul Naval Orsova's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	19.51	/ (	(31.432	+	36.48)	/	2 )
=	19.51	/	33.956
=	0.57

Santierul Naval Orsova (BSE:SNO) 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.

Santierul Naval Orsova's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	33.956	/	19.51	*	365 / 4
	=	158.82

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.

Santierul Naval Orsova's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	33.956	/	29.185
	=	1.16

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.

Santierul Naval Orsova Inventory Turnover Related Terms

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Santierul Naval Orsova Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Santierul Naval Orsova SA (BSE:SNO) » Definitions » Inventory Turnover

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Address

Tufari Street, Number 4, Orsova, Mehedinti, ROU, 225200

Website

http://www.snorsova.ro

Santierul Naval Orsova SA is engaged in the construction and repair of ships and floating structures. The company's two main activities are the Construction of ship hulls, which are intended for export, and the provision of vessels reparation services, for the internal and external market. Its product portfolio includes barges, container hulls, pontoons, tankers, hopper barges and pusher vessels.

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