Petrol dd Ljubljana (LTS:0M0P) Inventory Turnover : 6.15 (As of Mar. 2024)

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What is Petrol dd Ljubljana 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. Petrol dd Ljubljana's Cost of Goods Sold for the three months ended in Mar. 2024 was €1,410 Mil. Petrol dd Ljubljana's Average Total Inventories for the quarter that ended in Mar. 2024 was €229 Mil. Petrol dd Ljubljana's Inventory Turnover for the quarter that ended in Mar. 2024 was 6.15.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Petrol dd Ljubljana's Days Inventory for the three months ended in Mar. 2024 was 14.83.

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. Petrol dd Ljubljana's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.16.

Petrol dd Ljubljana Inventory Turnover Historical Data

The historical data trend for Petrol dd Ljubljana'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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Petrol dd Ljubljana Inventory Turnover Chart

Petrol dd Ljubljana Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

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27.53

26.38

18.29

29.19

42.17

Petrol dd Ljubljana Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															9.52	7.13	6.81	7.04	6.15

Petrol dd Ljubljana Inventory Turnover Calculation

Petrol dd Ljubljana'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 )
=	9379.146	/ (	(180.009	+	264.849)	/	2 )
=	9379.146	/	222.429
=	42.17

Petrol dd Ljubljana's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	1409.589	/ (	(247.168	+	210.929)	/	2 )
=	1409.589	/	229.0485
=	6.15

Petrol dd Ljubljana (LTS:0M0P) 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.

Petrol dd Ljubljana's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	229.0485	/	1409.589	*	365 / 4
	=	14.83

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.

Petrol dd Ljubljana's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	229.0485	/	1472.361
	=	0.16

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.

Petrol dd Ljubljana Inventory Turnover Related Terms

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Petrol dd Ljubljana (LTS:0M0P) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Petrol dd Ljubljana (LTS:0M0P) » Definitions » Inventory Turnover

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PETG:Slovenia

Address

Dunajska cesta 50, Ljubljana, SVN, 1000

Website

https://www.petrol.eu

Petrol dd Ljubljana is a Slovenia-based energy company, which provides oil and other energy products. The company's segment includes Fuels and petroleum products; Merchandise and services; Energy and solutions and Other. It generates maximum revenue from the Fuels and petroleum products segment. The Fuels and petroleum products segment includes sales of petroleum products, sales of liquefied petroleum gas and other alternative energy products, transport, storage and handling of fuels, revenue from payment cards, biomass sales, and sale of tyres, inner tubes and batteries.

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