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Turism Felix Baile Felix (BSE:TUFE) Inventory Turnover : 2.60 (As of Mar. 2024)


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What is Turism Felix Baile Felix 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. Turism Felix Baile Felix's Cost of Goods Sold for the three months ended in Mar. 2024 was lei6.5 Mil. Turism Felix Baile Felix's Average Total Inventories for the quarter that ended in Mar. 2024 was lei2.5 Mil. Turism Felix Baile Felix's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.60.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Turism Felix Baile Felix's Days Inventory for the three months ended in Mar. 2024 was 35.04.

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. Turism Felix Baile Felix's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.19.


Turism Felix Baile Felix Inventory Turnover Historical Data

The historical data trend for Turism Felix Baile Felix'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.

Turism Felix Baile Felix Inventory Turnover Chart

Turism Felix Baile Felix Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.78 4.86 5.74 18.54 15.42

Turism Felix Baile Felix 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 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 3.70 -1.03 1.73 9.68 2.60

Turism Felix Baile Felix Inventory Turnover Calculation

Turism Felix Baile Felix'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 )
=33.812 / ((1.593 + 2.792) / 2 )
=33.812 / 2.1925
=15.42

Turism Felix Baile Felix'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 )
=6.51 / ((2.792 + 2.208) / 2 )
=6.51 / 2.5
=2.60

* 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.


Turism Felix Baile Felix  (BSE:TUFE) 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.

Turism Felix Baile Felix'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
=2.5/6.51*365 / 4
=35.04

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.

Turism Felix Baile Felix'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 )
=2.5 / 12.993
=0.19

* 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.


Turism Felix Baile Felix Inventory Turnover Related Terms

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Turism Felix Baile Felix (BSE:TUFE) Business Description

Traded in Other Exchanges
N/A
Address
Victoria Street Number 22, Com. Sinmartin, Baile Felix, Bihor, ROU, 417500
Turism Felix SA Baile Felix owns and operates spa in Romania. The company' s services include Housing, meals, spa treatment, restaurants, conferences, and events tourism.

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