Izolacja-Jarocin (LTS:0LUV) Inventory Turnover : 1.16 (As of Jun. 2023)

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What is Izolacja-Jarocin 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. Izolacja-Jarocin's Cost of Goods Sold for the six months ended in Jun. 2023 was zł11.52 Mil. Izolacja-Jarocin's Average Total Inventories for the quarter that ended in Jun. 2023 was zł9.94 Mil. Izolacja-Jarocin's Inventory Turnover for the quarter that ended in Jun. 2023 was 1.16.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Izolacja-Jarocin's Days Inventory for the six months ended in Jun. 2023 was 157.43.

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. Izolacja-Jarocin's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.63.

Izolacja-Jarocin Inventory Turnover Historical Data

The historical data trend for Izolacja-Jarocin'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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Izolacja-Jarocin Inventory Turnover Chart

Izolacja-Jarocin Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

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3.44

3.13

2.76

3.09

2.99

Izolacja-Jarocin Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Inventory Turnover	Get a 7-Day Free Trial															1.49	1.73	1.68	1.32	1.16

Izolacja-Jarocin Inventory Turnover Calculation

Izolacja-Jarocin's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	27.084	/ (	(7.871	+	10.266)	/	2 )
=	27.084	/	9.0685
=	2.99

Izolacja-Jarocin's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

	Inventory Turnover (Q: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2023 )	/ (	(Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )
=	11.524	/ (	(10.266	+	9.616)	/	2 )
=	11.524	/	9.941
=	1.16

Izolacja-Jarocin (LTS:0LUV) 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.

Izolacja-Jarocin's Days Inventory for the six months ended in Jun. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2023 )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
	=	9.941	/	11.524	*	365 / 2
	=	157.43

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.

Izolacja-Jarocin's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	9.941	/	15.667
	=	0.63

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.

Izolacja-Jarocin Inventory Turnover Related Terms

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Izolacja-Jarocin (LTS:0LUV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Izolacja-Jarocin SA (LTS:0LUV) » Definitions » Inventory Turnover

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Traded in Other Exchanges

IZO:Poland

Address

ul. Poznanska 24-26, Jarocin, POL, 63-200

Website

http://www.izolacja-jarocin.pl

Izolacja-Jarocin SA produces and distributes building materials. It offers waterproofing and sealing products for the construction industry. The products include tarmac asphalt, bulks and bituminous binders, shingles, construction knives and putty, roofing membranes, styrofoam boards taped with tar paper, and products for road engineering.

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