Cadogan Energy Solutions (LSE:CAD) Inventory Turnover : 7.30 (As of Jun. 2024)

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What is Cadogan Energy Solutions 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. Cadogan Energy Solutions's Cost of Goods Sold for the six months ended in Jun. 2024 was £2.10 Mil. Cadogan Energy Solutions's Average Total Inventories for the quarter that ended in Jun. 2024 was £0.29 Mil. Cadogan Energy Solutions's Inventory Turnover for the quarter that ended in Jun. 2024 was 7.30.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Cadogan Energy Solutions's Days Inventory for the six months ended in Jun. 2024 was 25.00.

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. Cadogan Energy Solutions's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.07.

Cadogan Energy Solutions Inventory Turnover Historical Data

The historical data trend for Cadogan Energy Solutions'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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Cadogan Energy Solutions Inventory Turnover Chart

Cadogan Energy Solutions Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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1.07

1.34

5.52

24.32

16.07

Cadogan Energy Solutions Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Inventory Turnover	Get a 7-Day Free Trial															19.12	10.53	9.40	13.00	7.30

Cadogan Energy Solutions Inventory Turnover Calculation

Cadogan Energy Solutions'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 )
=	4.259	/ (	(0.242	+	0.288)	/	2 )
=	4.259	/	0.265
=	16.07

Cadogan Energy Solutions's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

	Inventory Turnover (Q: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )
=	2.099	/ (	(0.288	+	0.287)	/	2 )
=	2.099	/	0.2875
=	7.30

Cadogan Energy Solutions (LSE:CAD) 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.

Cadogan Energy Solutions's Days Inventory for the six months ended in Jun. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2024 )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
	=	0.2875	/	2.099	*	365 / 2
	=	25.00

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.

Cadogan Energy Solutions's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	0.2875	/	3.892
	=	0.07

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.

Cadogan Energy Solutions Inventory Turnover Related Terms

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Cadogan Energy Solutions Business Description

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CAD.GB:UK CPD:Germany

Address

60 Gracechurch Street, 6th Floor, London, GBR, EC3V 0HR

Website

https://www.cadoganenergysolutions.com

Cadogan Energy Solutions PLC is an independent energy company, which operates an exploration and production license in Western Ukraine, conducts gas trading operations, and provides services to E&P companies. The objective of the company is to be a diversified energy group making investments offering energy solutions and alternative services with a lower environmental impact. It has two operating segments; the Exploration and Production segment includes E&P activities on the exploration and production licenses for natural gas, oil, and condensate, and the Trading segment includes the Import of natural gas from European countries and Local purchase and sales of natural gas operations with physical delivery of natural gas.

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