GetnetAdquirencia e Servicos para Meios de Pagamento Instituica Inventory Turnover : 11.13 (As of Sep. 2022)

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What is GetnetAdquirencia e Servicos para Meios de Pagamento Instituica 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. GetnetAdquirencia e Servicos para Meios de Pagamento Instituica's Cost of Goods Sold for the three months ended in Sep. 2022 was $86.7 Mil. GetnetAdquirencia e Servicos para Meios de Pagamento Instituica's Average Total Inventories for the quarter that ended in Sep. 2022 was $7.8 Mil. GetnetAdquirencia e Servicos para Meios de Pagamento Instituica's Inventory Turnover for the quarter that ended in Sep. 2022 was 11.13.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. GetnetAdquirencia e Servicos para Meios de Pagamento Instituica's Days Inventory for the three months ended in Sep. 2022 was 8.20.

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. GetnetAdquirencia e Servicos para Meios de Pagamento Instituica's Inventory-to-Revenue for the quarter that ended in Sep. 2022 was 0.05.

GetnetAdquirencia e Servicos para Meios de Pagamento Instituica Inventory Turnover Historical Data

The historical data trend for GetnetAdquirencia e Servicos para Meios de Pagamento Instituica'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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GetnetAdquirencia e Servicos para Meios de Pagamento Instituica Inventory Turnover Chart

GetnetAdquirencia e Servicos para Meios de Pagamento Instituica Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Inventory Turnover

21.90

23.05

32.40

GetnetAdquirencia e Servicos para Meios de Pagamento Instituica Quarterly Data
	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Inventory Turnover	Get a 7-Day Free Trial								7.70	9.58	14.04	12.32	11.13

GetnetAdquirencia e Servicos para Meios de Pagamento Instituica Inventory Turnover Calculation

GetnetAdquirencia e Servicos para Meios de Pagamento Instituica's Inventory Turnover for the fiscal year that ended in Dec. 2021 is calculated as

	Inventory Turnover (A: Dec. 2021 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2021 )	/ (	(Total Inventories (A: Dec. 2020 )	+	Total Inventories (A: Dec. 2021 ))	/	count )
=	311.032	/ (	(11.966	+	7.232)	/	2 )
=	311.032	/	9.599
=	32.40

GetnetAdquirencia e Servicos para Meios de Pagamento Instituica's Inventory Turnover for the quarter that ended in Sep. 2022 is calculated as

	Inventory Turnover (Q: Sep. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2022 )	/ (	(Total Inventories (Q: Jun. 2022 )	+	Total Inventories (Q: Sep. 2022 ))	/	count )
=	86.683	/ (	(7.863	+	7.717)	/	2 )
=	86.683	/	7.79
=	11.13

GetnetAdquirencia e Servicos para Meios de Pagamento Instituica (NAS:GET) 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.

GetnetAdquirencia e Servicos para Meios de Pagamento Instituica's Days Inventory for the three months ended in Sep. 2022 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2022 )	/	Cost of Goods Sold (Q: Sep. 2022 )	*	Days in Period
	=	7.79	/	86.683	*	365 / 4
	=	8.20

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.

GetnetAdquirencia e Servicos para Meios de Pagamento Instituica's Inventory to Revenue for the quarter that ended in Sep. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2022 )	/	Revenue (Q: Sep. 2022 )
	=	7.79	/	158.836
	=	0.05

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.

GetnetAdquirencia e Servicos para Meios de Pagamento Instituica Inventory Turnover Related Terms

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GetnetAdquirencia e Servicos para Meios de Pagamento Instituica Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » GetnetAdquirencia e Servicos para Meios de Pagamento SA Instituica (NAS:GET) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenida Presidente Juscelino Kubitschek, 2041, Suite 121, Block A, Condominio Wtorre JK, Vila Nova Conceicao, Sao Paulo, SP, BRA, 04543-011

Website

https://site.getnet.com.br

Getnet Adquirencia E Servicos Para Meios De Pagamento SA is a technology company offering payment solutions to a range of merchants, from large businesses to the small entrepreneurs. Its portfolio of products includes physical solutions, such as SuperGet, POS devices, digital solutions and services.