Oceanpact Servicos Maritimos (BSP:OPCT3) Inventory Turnover : 48.73 (As of Sep. 2024)

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What is Oceanpact Servicos Maritimos 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. Oceanpact Servicos Maritimos's Cost of Goods Sold for the three months ended in Sep. 2024 was R$286 Mil. Oceanpact Servicos Maritimos's Average Total Inventories for the quarter that ended in Sep. 2024 was R$6 Mil. Oceanpact Servicos Maritimos's Inventory Turnover for the quarter that ended in Sep. 2024 was 48.73.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Oceanpact Servicos Maritimos's Days Inventory for the three months ended in Sep. 2024 was 1.87.

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. Oceanpact Servicos Maritimos's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.02.

Oceanpact Servicos Maritimos Inventory Turnover Historical Data

The historical data trend for Oceanpact Servicos Maritimos'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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Oceanpact Servicos Maritimos Inventory Turnover Chart

Oceanpact Servicos Maritimos Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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814.80

171.39

130.88

162.69

219.07

Oceanpact Servicos Maritimos Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Inventory Turnover	Get a 7-Day Free Trial															52.61	58.08	64.58	50.33	48.73

Oceanpact Servicos Maritimos Inventory Turnover Calculation

Oceanpact Servicos Maritimos'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 )
=	1273.209	/ (	(6.682	+	4.942)	/	2 )
=	1273.209	/	5.812
=	219.07

Oceanpact Servicos Maritimos's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

	Inventory Turnover (Q: Sep. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	286.38	/ (	(5.198	+	6.555)	/	2 )
=	286.38	/	5.8765
=	48.73

Oceanpact Servicos Maritimos (BSP:OPCT3) 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.

Oceanpact Servicos Maritimos's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	5.8765	/	286.38	*	365 / 4
	=	1.87

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.

Oceanpact Servicos Maritimos's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	5.8765	/	388.264
	=	0.02

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.

Oceanpact Servicos Maritimos Inventory Turnover Related Terms

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Oceanpact Servicos Maritimos Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Oceanpact Servicos Maritimos SA (BSP:OPCT3) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

Rua da Gloria, 122 - 11 Andar, Gloria, Rio de Janeiro, BRA, 20241-180

Website

https://www.oceanpact.com

Oceanpact Servicos Maritimos SA specialized in the management and response to emergency situations occurring in marine and coastal environments. It develops and implements safe, efficient and innovative solutions in the areas of the environment, subsea operations and logistical and engineering support. The company offers services for the study, protection, monitoring and sustainable use of the sea, the coast and marine resources for customers from different sectors of the economy, such as oil and gas, energy, mining, telecommunications, port, navigation, tourism, fishing and aquaculture.

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