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Empresa Nacional de Comercio Redito e Participacoes - ENCORPAR (BSP:ECPR4) Inventory Turnover : 0.00 (As of Dec. 2021)


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What is Empresa Nacional de Comercio Redito e Participacoes - ENCORPAR 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. Empresa Nacional de Comercio Redito e Participacoes - ENCORPAR's Cost of Goods Sold for the three months ended in Dec. 2021 was R$0.00 Mil. Empresa Nacional de Comercio Redito e Participacoes - ENCORPAR's Average Total Inventories for the quarter that ended in Dec. 2021 was R$0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

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.


Empresa Nacional de Comercio Redito e Participacoes - ENCORPAR Inventory Turnover Historical Data

The historical data trend for Empresa Nacional de Comercio Redito e Participacoes - ENCORPAR'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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Empresa Nacional de Comercio Redito e Participacoes - ENCORPAR Inventory Turnover Chart

Empresa Nacional de Comercio Redito e Participacoes - ENCORPAR Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Inventory Turnover
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Empresa Nacional de Comercio Redito e Participacoes - ENCORPAR Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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Empresa Nacional de Comercio Redito e Participacoes - ENCORPAR Inventory Turnover Calculation

Empresa Nacional de Comercio Redito e Participacoes - ENCORPAR's Inventory Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Inventory Turnover (A: Dec. 2021 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2021 ) / ((Total Inventories (A: Dec. 2020 ) + Total Inventories (A: Dec. 2021 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Empresa Nacional de Comercio Redito e Participacoes - ENCORPAR's Inventory Turnover for the quarter that ended in Dec. 2021 is calculated as

Inventory Turnover (Q: Dec. 2021 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2021 ) / ((Total Inventories (Q: Sep. 2021 ) + Total Inventories (Q: Dec. 2021 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

* 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.


Empresa Nacional de Comercio Redito e Participacoes - ENCORPAR  (BSP:ECPR4) 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.

Empresa Nacional de Comercio Redito e Participacoes - ENCORPAR's Days Inventory for the three months ended in Dec. 2021 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2021 )/Cost of Goods Sold (Q: Dec. 2021 )*Days in Period
=0/0*365 / 4
=

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.

Empresa Nacional de Comercio Redito e Participacoes - ENCORPAR's Inventory to Revenue for the quarter that ended in Dec. 2021 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2021 ) / Revenue (Q: Dec. 2021 )
=0 / 0
=

* 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.


Empresa Nacional de Comercio Redito e Participacoes - ENCORPAR Inventory Turnover Related Terms

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Empresa Nacional de Comercio Redito e Participacoes - ENCORPAR Business Description

Traded in Other Exchanges
N/A
Address
Aimores 981 street, 12th Floor, Minas Gerais, Belo Horizonte, BRA, 30140071
Empresa Nacional de Comercio Redito e Participacoes SA - ENCORPAR is engaged in production and sale of yarns and fabrics. The company is also engaged in commercialization, import & export of textiles. It also carries out cattle breeding, livestock and agricultural activities.

Empresa Nacional de Comercio Redito e Participacoes - ENCORPAR Headlines

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