Hrvatski Telekom DD (LSE:THTC) Inventory Turnover : 2.70 (As of Dec. 2023)

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What is Hrvatski Telekom DD 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. Hrvatski Telekom DD's Cost of Goods Sold for the three months ended in Dec. 2023 was $103 Mil. Hrvatski Telekom DD's Average Total Inventories for the quarter that ended in Dec. 2023 was $38 Mil. Hrvatski Telekom DD's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.70.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hrvatski Telekom DD's Days Inventory for the three months ended in Dec. 2023 was 33.79.

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. Hrvatski Telekom DD's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.13.

Hrvatski Telekom DD Inventory Turnover Historical Data

The historical data trend for Hrvatski Telekom DD'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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Hrvatski Telekom DD Inventory Turnover Chart

Hrvatski Telekom DD Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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15.66

15.19

12.25

9.79

9.56

Hrvatski Telekom DD 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															2.38	2.02	1.77	2.09	2.70

Hrvatski Telekom DD Inventory Turnover Calculation

Hrvatski Telekom DD'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 )
=	352.742	/ (	(36.915	+	36.888)	/	2 )
=	352.742	/	36.9015
=	9.56

Hrvatski Telekom DD'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 )
=	102.687	/ (	(39.168	+	36.888)	/	2 )
=	102.687	/	38.028
=	2.70

Hrvatski Telekom DD (LSE:THTC) 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.

Hrvatski Telekom DD'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
	=	38.028	/	102.687	*	365 / 4
	=	33.79

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.

Hrvatski Telekom DD'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 )
	=	38.028	/	292.95
	=	0.13

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.

Hrvatski Telekom DD Inventory Turnover Related Terms

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Hrvatski Telekom DD (LSE:THTC) Business Description

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HT:Croatia

Address

Radnicka cesta 21, Zagreb, HRV, 10000

Website

http://www.t.ht.hr

Hrvatski Telekom DD is a telecommunications service provider in Croatia that offers fixed and mobile telephony services as well as wholesale, Internet, and data. The company's business segments are the Residential business unit, Business unit, Network, and support functions, Optima Telekom segment, and Crnogorski Telekom segment. The majority of its revenue is derived from the Residential business unit segment that includes marketing, sales, and customer services, focused on providing mobile, fixed-line telecommunications, electricity, and TV distribution and services to residential customers.

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