T4F Entretenimento (BSP:SHOW3) Inventory Turnover : 18.62 (As of Mar. 2024)

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What is T4F Entretenimento 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. T4F Entretenimento's Cost of Goods Sold for the three months ended in Mar. 2024 was R$35.4 Mil. T4F Entretenimento's Average Total Inventories for the quarter that ended in Mar. 2024 was R$1.9 Mil. T4F Entretenimento's Inventory Turnover for the quarter that ended in Mar. 2024 was 18.62.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. T4F Entretenimento's Days Inventory for the three months ended in Mar. 2024 was 4.90.

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. T4F Entretenimento's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.05.

T4F Entretenimento Inventory Turnover Historical Data

The historical data trend for T4F Entretenimento'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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T4F Entretenimento Inventory Turnover Chart

T4F Entretenimento Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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247.34

52.74

27.92

199.91

304.21

T4F Entretenimento 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															38.03	4.03	8.92	106.11	18.62

T4F Entretenimento Inventory Turnover Calculation

T4F Entretenimento'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 )
=	557.62	/ (	(1.721	+	1.945)	/	2 )
=	557.62	/	1.833
=	304.21

T4F Entretenimento'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 )
=	35.448	/ (	(1.945	+	1.862)	/	2 )
=	35.448	/	1.9035
=	18.62

T4F Entretenimento (BSP:SHOW3) 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.

T4F Entretenimento'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
	=	1.9035	/	35.448	*	365 / 4
	=	4.90

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.

T4F Entretenimento'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 )
	=	1.9035	/	34.645
	=	0.05

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.

T4F Entretenimento Inventory Turnover Related Terms

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T4F Entretenimento (BSP:SHOW3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » T4F Entretenimento SA (BSP:SHOW3) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

Rua Cristiano Viana, no 401, 15th floor - Pinheiros, Sao Paulo, SP, BRA, CEP 05411- 000

Website

https://www.t4f.com.br

T4F Entretenimento SA is a Brazil-based company. The company is primarily engaged in the management, promotion, organization, production, representation, programming, and undertaking of live entertainment-related activities, such as sports, artistic and cultural events, shows and performances of various nature, as well as the management and operation of performing arts venues. The company also sells ticket live concerts and shows, stage plays, and exhibits; sale of food and beverages. Most of its revenue is earned from Argentina market, while it also has a presence in Brasil, Chile, and Peru market.

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