ESTRF (Estre Ambiental) Inventory Turnover: 46.68 (As of Jun. 2019)

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What is Estre Ambiental Inventory Turnover?

Estre Ambiental ESTRF -90.00% Inventory Turnover is 46.68 as of Jun. 2019.

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. Estre Ambiental's Cost of Goods Sold for the six months ended in Jun. 2019 was $103.5 Mil. Estre Ambiental's Average Total Inventories for the quarter that ended in Jun. 2019 was $2.2 Mil. Estre Ambiental's Inventory Turnover for the quarter that ended in Jun. 2019 was 46.68.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Estre Ambiental's Days Inventory for the six months ended in Jun. 2019 was 3.91.

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. Estre Ambiental's Inventory-to-Revenue for the quarter that ended in Jun. 2019 was 0.02.

Estre Ambiental  (OTCPK:ESTRF) 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.

Estre Ambiental's Days Inventory for the six months ended in Jun. 2019 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2019 )/Cost of Goods Sold (Q: Jun. 2019 )*Days in Period
=2.217/103.484*365 / 2
=3.91

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.

Estre Ambiental's Inventory to Revenue for the quarter that ended in Jun. 2019 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2019 ) / Revenue (Q: Jun. 2019 )
=2.217 / 134.347
=0.02

* 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.

Estre Ambiental Inventory Turnover Related Terms

Estre Ambiental Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Estre Ambiental'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.

Estre Ambiental Inventory Turnover Chart

Estre Ambiental Annual Data
Trend Dec15 Dec16 Dec17 Dec18
Inventory Turnover
0.00 0.00 82.91 89.00

Estre Ambiental Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19
Inventory Turnover Get a 7-Day Free Trial 0.00 40.84 39.06 45.43 46.68

Estre Ambiental Inventory Turnover Calculation

Estre Ambiental'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 )
=252.146 / ((3.449 + 2.217) / 2 )
=252.146 / 2.833
=89.00

Estre Ambiental's Inventory Turnover for the quarter that ended in Jun. 2019 is calculated as

Inventory Turnover (Q: Jun. 2019 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2019 ) / ((Total Inventories (Q: Dec. 2018 ) + Total Inventories (Q: Jun. 2019 )) / count )
=103.484 / ((2.217 + 0) / 1 )
=103.484 / 2.217
=46.68

* 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 46.68 mean?
Estre Ambiental (ESTRF) has a Inventory Turnover of 46.68 as of Jun. 2019. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Estre Ambiental and its competitors.
Is Estre Ambiental's Inventory Turnover too high?
Estre Ambiental's current Inventory Turnover is 46.68.
How does Estre Ambiental's Inventory Turnover compare to OCLN and HDII?
Estre Ambiental's Inventory Turnover of 46.68 can be compared against companies in the Waste Management 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 Waste Management company?
A good Inventory Turnover depends on the Waste Management 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 Estre Ambiental and its competitors. Estre Ambiental's current Inventory Turnover is 46.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Estre Ambiental stock overvalued right now?
Estre Ambiental (ESTRF) has a current Inventory Turnover of 46.68. The current Inventory Turnover is 46.68. 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 Estre Ambiental (ESTRF), the current Inventory Turnover is 46.68 as of Jun. 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.

Estre Ambiental Business Description

Address 4509, Avenida Brigadeiro Faria Lima, 8th Floor,Vila Olimpia, Sao Paulo, SP, BRA, 04538-133
Estre Ambiental Inc waste management company in Brazil which operates in the Southeast, South and Northeast regions of Brazil. It operates its own landfills and is engaged in the final treatment of hazardous wastes, temporary storage of waste, collection and burning of landfill biogas, environmental consulting services, recycling, reverse manufacturing of electrical and electronic devices and waste collection, among others activities. The operations are grouped into four business segments Collection and Cleaning Services; Landfills; Oil and Gas; and Value Recovery. It generates a vast majority of its revenue from the collection and cleaning services segment.