Egyptiantellite Co (CAI:EGSA) Inventory Turnover : 11.64 (As of Mar. 2024)

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What is Egyptiantellite Co 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. Egyptiantellite Co's Cost of Goods Sold for the three months ended in Mar. 2024 was $17.00 Mil. Egyptiantellite Co's Average Total Inventories for the quarter that ended in Mar. 2024 was $1.46 Mil. Egyptiantellite Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 11.64.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Egyptiantellite Co's Days Inventory for the three months ended in Mar. 2024 was 7.84.

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. Egyptiantellite Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.06.

Egyptiantellite Co Inventory Turnover Historical Data

The historical data trend for Egyptiantellite Co'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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Egyptiantellite Co Inventory Turnover Chart

Egyptiantellite Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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39.96

47.55

Egyptiantellite Co 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															11.56	11.82	12.33	11.85	11.64

Egyptiantellite Co Inventory Turnover Calculation

Egyptiantellite Co'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 )
=	67.121	/ (	(1.363	+	1.46)	/	2 )
=	67.121	/	1.4115
=	47.55

Egyptiantellite Co'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 )
=	17.001	/ (	(1.46	+	0)	/	1 )
=	17.001	/	1.46
=	11.64

Egyptiantellite Co (CAI:EGSA) 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.

Egyptiantellite Co'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
	=	1.46	/	17.001	*	365 / 4
	=	7.84

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.

Egyptiantellite Co'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 )
	=	1.46	/	25.447
	=	0.06

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.

Egyptiantellite Co Inventory Turnover Related Terms

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Egyptiantellite Co (CAI:EGSA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Egyptian Satellite Co (CAI:EGSA) » Definitions » Inventory Turnover

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Address

6th of October City, Cairo, EGY

Website

http://www.nilesat.com.eg

Egyptian Satellite Co offers broadcasting services for both TV and radio within the coverage of its satellites, broadband services that supports high speed internet transmission, booking centers as well as training center for nilesat engineering team. The company 's services include Broadcasting services, which provide broadcasting services for both Television and Radio within the coverage of its Satellites; Broadband services, which provide Internet services including e-government, online health care, e-learning and e-commerce; the Booking center provides a range of services, including satellite news gathering.

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