Telecom EgyptE (CAI:ETEL) Inventory Turnover : 2.02 (As of Dec. 2023)

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What is Telecom EgyptE 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. Telecom EgyptE's Cost of Goods Sold for the three months ended in Dec. 2023 was E£10,164 Mil. Telecom EgyptE's Average Total Inventories for the quarter that ended in Dec. 2023 was E£5,028 Mil. Telecom EgyptE's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.02.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Telecom EgyptE's Days Inventory for the three months ended in Dec. 2023 was 45.14.

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. Telecom EgyptE's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.34.

Telecom EgyptE Inventory Turnover Historical Data

The historical data trend for Telecom EgyptE'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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Telecom EgyptE Inventory Turnover Chart

Telecom EgyptE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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7.90

8.75

9.76

8.00

7.33

Telecom EgyptE Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															2.14	1.72	1.71	1.65	2.02

Telecom EgyptE Inventory Turnover Calculation

Telecom EgyptE'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 )
=	34289.981	/ (	(4280.512	+	5080.871)	/	2 )
=	34289.981	/	4680.6915
=	7.33

Telecom EgyptE's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	10164.25	/ (	(4974.696	+	5080.871)	/	2 )
=	10164.25	/	5027.7835
=	2.02

Telecom EgyptE (CAI:ETEL) 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.

Telecom EgyptE's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	5027.7835	/	10164.25	*	365 / 4
	=	45.14

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.

Telecom EgyptE's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	5027.7835	/	14720.912
	=	0.34

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.

Telecom EgyptE Inventory Turnover Related Terms

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Telecom EgyptE (CAI:ETEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Telecom Egypt SAE (CAI:ETEL) » Definitions » Inventory Turnover

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Address

B7 Building, Smart Village, K28 Cairo-Alexandria Desert Road, Cairo, EGY, 12577

Website

https://www.te.eg

Telecom Egypt SAE is the country's sole provider of fixed-line voice telecommunication services, where it generates the vast majority of its revenue. The company provides voice services, Internet, and data services in three segments: Communications marine cables and infrastructure services, Internet services, Outsourcing services. Additionally, because of Telecom Egypt's ownership of telecommunication infrastructure, there is wholesale revenue. This constitutes the majority of overall company revenue.

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