Carbacid Investments (NAI:CARB) Inventory Turnover : 0.00 (As of Jan. 2024)

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What is Carbacid Investments 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. Carbacid Investments's Cost of Goods Sold for the six months ended in Jan. 2024 was KES0 Mil. Carbacid Investments's Average Total Inventories for the quarter that ended in Jan. 2024 was KES87 Mil. Carbacid Investments's Inventory Turnover for the quarter that ended in Jan. 2024 was 0.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

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. Carbacid Investments's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.08.

Carbacid Investments Inventory Turnover Historical Data

The historical data trend for Carbacid Investments'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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Carbacid Investments Inventory Turnover Chart

Carbacid Investments Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Inventory Turnover

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5.88

6.89

9.57

10.96

9.32

Carbacid Investments Semi-Annual Data
	Jul11	Jul12	Jul13	Jul14	Jul15	Jul16	Jul17	Jul18	Jul19	Jul20	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Inventory Turnover	Get a 7-Day Free Trial											-	-	-	-	-

Carbacid Investments Inventory Turnover Calculation

Carbacid Investments's Inventory Turnover for the fiscal year that ended in Jul. 2023 is calculated as

	Inventory Turnover (A: Jul. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jul. 2023 )	/ (	(Total Inventories (A: Jul. 2022 )	+	Total Inventories (A: Jul. 2023 ))	/	count )
=	708.621	/ (	(64.954	+	87.19)	/	2 )
=	708.621	/	76.072
=	9.32

Carbacid Investments's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

	Inventory Turnover (Q: Jan. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jan. 2024 )	/ (	(Total Inventories (Q: Jul. 2023 )	+	Total Inventories (Q: Jan. 2024 ))	/	count )
=	0	/ (	(87.19	+	0)	/	1 )
=	0	/	87.19
=	0.00

Carbacid Investments (NAI:CARB) 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.

Carbacid Investments's Days Inventory for the six months ended in Jan. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jan. 2024 )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
	=	87.19	/	0	*	365 / 2
	=

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.

Carbacid Investments's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jan. 2024 )	/	Revenue (Q: Jan. 2024 )
	=	87.19	/	1080.477
	=	0.08

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.

Carbacid Investments Inventory Turnover Related Terms

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Carbacid Investments Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Carbacid Investments PLC (NAI:CARB) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

Eldama Ravine Close, Off Eldama Ravine Road, PO Box 764, ALN House, Westlands, Nairobi, KEN, 00606

Website

https://www.carbacid.com

Carbacid Investments PLC is an investment and holding company with three subsidiaries. The main activities of the business are mining and marketing of carbon dioxide gas and investment. These are organized in the following operating segments, Trading, and Investment. It derives substantial revenue from trading activities. It caters to domestic and overseas markets. Key revenue is derived from the sale of Carbon dioxide gas.