Teka-Tecelagem Kuehnrich (BSP:TEKA3) Inventory Turnover : 1.15 (As of Mar. 2024)

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What is Teka-Tecelagem Kuehnrich 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. Teka-Tecelagem Kuehnrich's Cost of Goods Sold for the three months ended in Mar. 2024 was R$55.0 Mil. Teka-Tecelagem Kuehnrich's Average Total Inventories for the quarter that ended in Mar. 2024 was R$47.9 Mil. Teka-Tecelagem Kuehnrich's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.15.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Teka-Tecelagem Kuehnrich's Days Inventory for the three months ended in Mar. 2024 was 79.54.

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. Teka-Tecelagem Kuehnrich's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.68.

Teka-Tecelagem Kuehnrich Inventory Turnover Historical Data

The historical data trend for Teka-Tecelagem Kuehnrich'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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Teka-Tecelagem Kuehnrich Inventory Turnover Chart

Teka-Tecelagem Kuehnrich Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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6.35

4.97

5.44

5.03

5.25

Teka-Tecelagem Kuehnrich 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															1.30	1.21	1.39	1.40	1.15

Teka-Tecelagem Kuehnrich Inventory Turnover Calculation

Teka-Tecelagem Kuehnrich'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 )
=	234.426	/ (	(43.756	+	45.539)	/	2 )
=	234.426	/	44.6475
=	5.25

Teka-Tecelagem Kuehnrich'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 )
=	55.008	/ (	(45.539	+	50.36)	/	2 )
=	55.008	/	47.9495
=	1.15

Teka-Tecelagem Kuehnrich (BSP:TEKA3) 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.

Teka-Tecelagem Kuehnrich'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
	=	47.9495	/	55.008	*	365 / 4
	=	79.54

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.

Teka-Tecelagem Kuehnrich'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 )
	=	47.9495	/	70.887
	=	0.68

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.

Teka-Tecelagem Kuehnrich Inventory Turnover Related Terms

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Teka-Tecelagem Kuehnrich (BSP:TEKA3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Teka-Tecelagem Kuehnrich SA (BSP:TEKA3) » Definitions » Inventory Turnover

Traded in Other Exchanges

TEKA4:Brazil

Address

R Paulo Kuehnrich 68, Bairro Itoupava Norte, Blumenau, SC, BRA, 89052900

Website

http://www.teka.com.br

Teka-Tecelagem Kuehnrich SA is engaged in the textile industry. Through its three lines of business - Home, Profiline and Exports - it produces and offers bed, table and bath textile products, among others.

Teka-Tecelagem Kuehnrich (BSP:TEKA3) Headlines

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