PCC Rokita (LTS:0QVX) Inventory Turnover : 2.43 (As of Mar. 2024)

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What is PCC Rokita 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. PCC Rokita's Cost of Goods Sold for the three months ended in Mar. 2024 was zł390 Mil. PCC Rokita's Average Total Inventories for the quarter that ended in Mar. 2024 was zł161 Mil. PCC Rokita's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.43.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PCC Rokita's Days Inventory for the three months ended in Mar. 2024 was 37.55.

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. PCC Rokita's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.33.

PCC Rokita Inventory Turnover Historical Data

The historical data trend for PCC Rokita'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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PCC Rokita Inventory Turnover Chart

PCC Rokita Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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10.13

10.72

11.85

10.44

9.26

PCC Rokita Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															2.44	2.29	2.29	2.52	2.43

PCC Rokita Inventory Turnover Calculation

PCC Rokita'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 )
=	1803.94	/ (	(222.516	+	167.218)	/	2 )
=	1803.94	/	194.867
=	9.26

PCC Rokita'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: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	390.077	/ (	(167.218	+	153.836)	/	2 )
=	390.077	/	160.527
=	2.43

PCC Rokita (LTS:0QVX) 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.

PCC Rokita'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
	=	160.527	/	390.077	*	365 / 4
	=	37.55

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.

PCC Rokita'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 )
	=	160.527	/	491.924
	=	0.33

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.

PCC Rokita Inventory Turnover Related Terms

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PCC Rokita (LTS:0QVX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » PCC Rokita SA (LTS:0QVX) » Definitions » Inventory Turnover

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Traded in Other Exchanges

PCR:Poland 229:Germany

Address

ul. Sienkiewicza 4, Brzeg Dolny, POL, 56-120

Website

http://www.pcc.rokita.pl

PCC Rokita SA is engaged in manufacturing chemicals. Its products include Polyols, Chloralkali, Chlorobenzene, Phosphorus derivatives, and Naphthalene derivatives. It serves adhesives, agrochemicals, building and construction, case, detergents, fire prevention, food and fuel industry, furniture, I&I cleaning, lubricants and functional fluids, metallurgical, mining and drilling, oilfield, paints and coatings, personal care, pharmaceuticals, plastics, power, printing ink, pulp and paper, raw materials and intermediates, refrigeration and household appliances, sports and recreation, tanning and textile, transportation, and water and wastewater treatment industries.

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