Petrolera Del Conosur (BUE:PSUR) Inventory Turnover: 2.71 (As of Mar. 2019)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BUE:PSUR Petrolera Del Conosur SA BUE:PSUR
5 GF Score
Price ARS3.65
View Full Analysis

What is Petrolera Del Conosur Inventory Turnover?

Petrolera Del Conosur BUE:PSUR 5 Inventory Turnover is 2.71 as of Mar. 2019. GuruFocus rates BUE:PSUR with a GF Score™ of 5/100.

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. Petrolera Del Conosur's Cost of Goods Sold for the three months ended in Mar. 2019 was ARS6.5 Mil. Petrolera Del Conosur's Average Total Inventories for the quarter that ended in Mar. 2019 was ARS2.4 Mil. Petrolera Del Conosur's Inventory Turnover for the quarter that ended in Mar. 2019 was 2.71.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Petrolera Del Conosur's Days Inventory for the three months ended in Mar. 2019 was 33.67.

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. Petrolera Del Conosur's Inventory-to-Revenue for the quarter that ended in Mar. 2019 was 0.22.


Petrolera Del Conosur  (BUE:PSUR) 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.

Petrolera Del Conosur's Days Inventory for the three months ended in Mar. 2019 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2019 )/Cost of Goods Sold (Q: Mar. 2019 )*Days in Period
=2.38/6.45*365 / 4
=33.67

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.

Petrolera Del Conosur's Inventory to Revenue for the quarter that ended in Mar. 2019 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2019 ) / Revenue (Q: Mar. 2019 )
=2.38 / 10.58
=0.22

* 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.


Petrolera Del Conosur Inventory Turnover Related Terms


Petrolera Del Conosur Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Petrolera Del Conosur'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.

Petrolera Del Conosur Inventory Turnover Chart

Petrolera Del Conosur Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.96 18.31 39.35 39.35 19.25

Petrolera Del Conosur Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.36 6.92 9.33 5.28 2.71
BUE:PSUR
5GF Score
Petrolera Del Conosur SA BUE:PSUR
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Petrolera Del Conosur Inventory Turnover Calculation

Petrolera Del Conosur's Inventory Turnover for the fiscal year that ended in Dec. 2018 is calculated as

Inventory Turnover (A: Dec. 2018 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2018 ) / ((Total Inventories (A: Dec. 2017 ) + Total Inventories (A: Dec. 2018 )) / count )
=146.16 / ((13.245 + 1.941) / 2 )
=146.16 / 7.593
=19.25

Petrolera Del Conosur's Inventory Turnover for the quarter that ended in Mar. 2019 is calculated as

Inventory Turnover (Q: Mar. 2019 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2019 ) / ((Total Inventories (Q: Dec. 2018 ) + Total Inventories (Q: Mar. 2019 )) / count )
=6.45 / ((1.941 + 2.819) / 2 )
=6.45 / 2.38
=2.71

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 2.71 mean?
Petrolera Del Conosur (BUE:PSUR) has a Inventory Turnover of 2.71 as of Mar. 2019. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Petrolera Del Conosur and its competitors.
Is Petrolera Del Conosur's Inventory Turnover too high?
Petrolera Del Conosur's current Inventory Turnover is 2.71. Overall, Petrolera Del Conosur has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Petrolera Del Conosur's Inventory Turnover compare to PIRRQ and LIVE?
Petrolera Del Conosur's Inventory Turnover of 2.71 can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Retail - Cyclical company?
A good Inventory Turnover depends on the Retail - Cyclical industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Petrolera Del Conosur and its competitors. Petrolera Del Conosur's current Inventory Turnover is 2.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Petrolera Del Conosur stock overvalued right now?
Petrolera Del Conosur (BUE:PSUR) has a current Inventory Turnover of 2.71. The current Inventory Turnover is 2.71. Petrolera Del Conosur's overall GF Score™ is 5/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Petrolera Del Conosur (BUE:PSUR), the current Inventory Turnover is 2.71 as of Mar. 2019. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Petrolera Del Conosur Business Description

Address Maipu 942 6th floor, Buenos Aires, ARG, C1006ACN
Petrolera Del Conosur SA is a petroleum refining company. It produces, stores and distributes fuels and other related petroleum by-products. The company through its service stations network provides gas oil, naphtha, CNG and lubricants to the automotive fleet, agricultural and industrial sector.
5GF Score

Get the complete analysis for BUE:PSUR

Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

ARS3.65
Price