Pan European Terminals (LSE:PANA) Inventory Turnover : 8.63 (As of Dec. 2013)

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What is Pan European Terminals 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. Pan European Terminals's Cost of Goods Sold for the six months ended in Dec. 2013 was £6.49 Mil. Pan European Terminals's Average Total Inventories for the quarter that ended in Dec. 2013 was £0.75 Mil. Pan European Terminals's Inventory Turnover for the quarter that ended in Dec. 2013 was 8.63.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Pan European Terminals's Days Inventory for the six months ended in Dec. 2013 was 21.16.

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. Pan European Terminals's Inventory-to-Revenue for the quarter that ended in Dec. 2013 was 0.10.

Pan European Terminals Inventory Turnover Historical Data

The historical data trend for Pan European Terminals'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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Pan European Terminals Inventory Turnover Chart

Pan European Terminals Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Inventory Turnover

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10.64

23.37

73.01

30.18

14.09

Pan European Terminals Semi-Annual Data
	Jun06	Dec06	Jun07	Dec07	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13
Inventory Turnover	Get a 7-Day Free Trial											47.86	26.02	9.81	6.41	8.63

Pan European Terminals Inventory Turnover Calculation

Pan European Terminals's Inventory Turnover for the fiscal year that ended in Dec. 2013 is calculated as

	Inventory Turnover (A: Dec. 2013 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2013 )	/ (	(Total Inventories (A: Dec. 2012 )	+	Total Inventories (A: Dec. 2013 ))	/	count )
=	11.579	/ (	(0.864	+	0.78)	/	2 )
=	11.579	/	0.822
=	14.09

Pan European Terminals's Inventory Turnover for the quarter that ended in Dec. 2013 is calculated as

	Inventory Turnover (Q: Dec. 2013 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2013 )	/ (	(Total Inventories (Q: Jun. 2013 )	+	Total Inventories (Q: Dec. 2013 ))	/	count )
=	6.486	/ (	(0.724	+	0.78)	/	2 )
=	6.486	/	0.752
=	8.63

Pan European Terminals (LSE:PANA) 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.

Pan European Terminals's Days Inventory for the six months ended in Dec. 2013 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2013 )	/	Cost of Goods Sold (Q: Dec. 2013 )	*	Days in Period
	=	0.752	/	6.486	*	365 / 2
	=	21.16

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.

Pan European Terminals's Inventory to Revenue for the quarter that ended in Dec. 2013 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2013 )	/	Revenue (Q: Dec. 2013 )
	=	0.752	/	7.855
	=	0.10

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.

Pan European Terminals Inventory Turnover Related Terms

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Pan European Terminals (LSE:PANA) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Pan European Terminals PLC (LSE:PANA) » Definitions » Inventory Turnover

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Address

Website

http://www.peterminals.com

Pan European Terminals PLC is incorporated in United Kingdom. The Company is engaged in the development and operation of hydrocarbon transhipment terminals in the Netherlands, Denmark and the Russian Federation. It also leases and operates tanks in Rotterdam. The Company also carries out trading in refined products.