Centum Investment Co (NAI:CTUM) Inventory Turnover : 0.33 (As of Mar. 2024)

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What is Centum Investment Co 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. Centum Investment Co's Cost of Goods Sold for the six months ended in Mar. 2024 was KES2,905 Mil. Centum Investment Co's Average Total Inventories for the quarter that ended in Mar. 2024 was KES8,727 Mil. Centum Investment Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.33.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Centum Investment Co's Days Inventory for the six months ended in Mar. 2024 was 548.30.

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. Centum Investment Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.51.

Centum Investment Co Inventory Turnover Historical Data

The historical data trend for Centum Investment Co'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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Centum Investment Co Inventory Turnover Chart

Centum Investment Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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1.73

0.24

0.41

0.67

0.83

Centum Investment Co Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															0.51	0.45	0.24	0.49	0.33

Centum Investment Co Inventory Turnover Calculation

Centum Investment Co's Inventory Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Inventory Turnover (A: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2024 )	/ (	(Total Inventories (A: Mar. 2023 )	+	Total Inventories (A: Mar. 2024 ))	/	count )
=	7635.469	/ (	(9749.719	+	8726.713)	/	2 )
=	7635.469	/	9238.216
=	0.83

Centum Investment Co'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 )
=	2904.661	/ (	(0	+	8726.713)	/	1 )
=	2904.661	/	8726.713
=	0.33

Centum Investment Co (NAI:CTUM) 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.

Centum Investment Co's Days Inventory for the six 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
	=	8726.713	/	2904.661	*	365 / 2
	=	548.30

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.

Centum Investment Co'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 )
	=	8726.713	/	5775.494
	=	1.51

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.

Centum Investment Co Inventory Turnover Related Terms

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Centum Investment Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Centum Investment Co Ltd (NAI:CTUM) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

Limuru Road, Two Rivers Office Towers, P.O. Box 10518, 9th Floor, South Tower, Nairobi, KEN, 00100

Website

https://www.centum.co.ke

Centum Investment Co Ltd is an investment company that provides access to a portfolio of inaccessible, quality, diversified investments to investors. Its objective is to consistently generate market-beating returns by building extraordinary enterprises throughout Africa. The company's operating segment include Private Equity; Real Estate and Marketable securities. The Private Equity segment includes publishing, financial services, and utility companies as well as also responsible for managing Development Portfolio. The Marketable securities segment includes dividend and interest income, real estate sales and proceeds from exits in the private equity and marketable securities portfolios and the Real Estate segment includes developments in East Africa.

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