Packaging CoOG (MUS:PCLI) Inventory Turnover : 0.64 (As of Mar. 2018)

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What is Packaging CoOG 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. Packaging CoOG's Cost of Goods Sold for the three months ended in Mar. 2018 was ر.ع2.13 Mil. Packaging CoOG's Average Total Inventories for the quarter that ended in Mar. 2018 was ر.ع3.34 Mil. Packaging CoOG's Inventory Turnover for the quarter that ended in Mar. 2018 was 0.64.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Packaging CoOG's Days Inventory for the three months ended in Mar. 2018 was 143.34.

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. Packaging CoOG's Inventory-to-Revenue for the quarter that ended in Mar. 2018 was 1.35.

Packaging CoOG Inventory Turnover Historical Data

The historical data trend for Packaging CoOG'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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Packaging CoOG Inventory Turnover Chart

Packaging CoOG Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Inventory Turnover

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2.29

2.86

2.90

3.00

2.75

Packaging CoOG Quarterly Data
	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18
Inventory Turnover	Get a 7-Day Free Trial															0.85	1.11	1.06	0.87	0.64

Packaging CoOG Inventory Turnover Calculation

Packaging CoOG's Inventory Turnover for the fiscal year that ended in Dec. 2017 is calculated as

	Inventory Turnover (A: Dec. 2017 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2017 )	/ (	(Total Inventories (A: Dec. 2016 )	+	Total Inventories (A: Dec. 2017 ))	/	count )
=	7.925	/ (	(2.263	+	3.499)	/	2 )
=	7.925	/	2.881
=	2.75

Packaging CoOG's Inventory Turnover for the quarter that ended in Mar. 2018 is calculated as

	Inventory Turnover (Q: Mar. 2018 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2018 )	/ (	(Total Inventories (Q: Dec. 2017 )	+	Total Inventories (Q: Mar. 2018 ))	/	count )
=	2.125	/ (	(3.499	+	3.177)	/	2 )
=	2.125	/	3.338
=	0.64

Packaging CoOG (MUS:PCLI) 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.

Packaging CoOG's Days Inventory for the three months ended in Mar. 2018 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2018 )	/	Cost of Goods Sold (Q: Mar. 2018 )	*	Days in Period
	=	3.338	/	2.125	*	365 / 4
	=	143.34

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.

Packaging CoOG's Inventory to Revenue for the quarter that ended in Mar. 2018 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2018 )	/	Revenue (Q: Mar. 2018 )
	=	3.338	/	2.475
	=	1.35

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.

Packaging CoOG Inventory Turnover Related Terms

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Packaging CoOG (MUS:PCLI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Packaging Co Ltd SAOG (MUS:PCLI) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al-Suwaiq, P.O. Box 2818, Ruwi, OMN, 112

Website

http://www.albahja.com

Packaging Co Ltd SAOG is an Oman-based company engaged in the manufacturing and sale of corrugated cartons. It produces different types of the carton, including regular slotted carton (RSC), folding types and die cut types. The company offers micro-flute packaging in addition to B, C, E and F flute, as well as having the facility of a computerized five color printing inline machine and a design studio for artwork and negatives. The group operates in the Sultanate of Oman, all Gulf Cooperation Council (GCC) countries, Korea and Iraq.

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