Metalgrafica Iguacu (BSP:MTIG4) Inventory Turnover : 4.19 (As of Jun. 2022)

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What is Metalgrafica Iguacu 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. Metalgrafica Iguacu's Cost of Goods Sold for the three months ended in Jun. 2022 was R$13.99 Mil. Metalgrafica Iguacu's Average Total Inventories for the quarter that ended in Jun. 2022 was R$3.34 Mil. Metalgrafica Iguacu's Inventory Turnover for the quarter that ended in Jun. 2022 was 4.19.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Metalgrafica Iguacu's Days Inventory for the three months ended in Jun. 2022 was 21.76.

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. Metalgrafica Iguacu's Inventory-to-Revenue for the quarter that ended in Jun. 2022 was 0.27.

Metalgrafica Iguacu Inventory Turnover Historical Data

The historical data trend for Metalgrafica Iguacu'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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Metalgrafica Iguacu Inventory Turnover Chart

Metalgrafica Iguacu Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Inventory Turnover

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14.47

14.32

15.70

16.57

6.98

Metalgrafica Iguacu Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Inventory Turnover	Get a 7-Day Free Trial															2.73	1.62	1.00	2.39	4.19

Metalgrafica Iguacu Inventory Turnover Calculation

Metalgrafica Iguacu'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 )
=	48.356	/ (	(7.237	+	6.617)	/	2 )
=	48.356	/	6.927
=	6.98

Metalgrafica Iguacu's Inventory Turnover for the quarter that ended in Jun. 2022 is calculated as

	Inventory Turnover (Q: Jun. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2022 )	/ (	(Total Inventories (Q: Mar. 2022 )	+	Total Inventories (Q: Jun. 2022 ))	/	count )
=	13.993	/ (	(4.562	+	2.113)	/	2 )
=	13.993	/	3.3375
=	4.19

Metalgrafica Iguacu (BSP:MTIG4) 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.

Metalgrafica Iguacu's Days Inventory for the three months ended in Jun. 2022 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2022 )	/	Cost of Goods Sold (Q: Jun. 2022 )	*	Days in Period
	=	3.3375	/	13.993	*	365 / 4
	=	21.76

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.

Metalgrafica Iguacu's Inventory to Revenue for the quarter that ended in Jun. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2022 )	/	Revenue (Q: Jun. 2022 )
	=	3.3375	/	12.287
	=	0.27

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.

Metalgrafica Iguacu Inventory Turnover Related Terms

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Metalgrafica Iguacu (BSP:MTIG4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Metalgrafica Iguacu SA (BSP:MTIG4) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

R Minas Gerais 1231, Ponta Grossa, PR, BRA, 84070040

Website

http://www.metaliguacu.com.br

Metalgrafica Iguacu SA is a Brazil-based company which manufactures, exports and imports metal cans and containers for the food industry. Its products are coated with varnish for food protection. It also provides lithographic processing using offset printers.

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