East African Portland Cement (NAI:PORT) Inventory Turnover: 3.97 (As of Jun. 2024)

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NAI:PORT East African Portland Cement NAI:PORT
19 GF Score
Price KES109.00
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What is East African Portland Cement Inventory Turnover?

East African Portland Cement NAI:PORT +0.46% 19 Inventory Turnover is 3.97 as of Jun. 2024. GuruFocus rates NAI:PORT with a GF Score™ of 19/100.

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. East African Portland Cement's Cost of Goods Sold for the six months ended in Jun. 2024 was KES4,057 Mil. East African Portland Cement's Average Total Inventories for the quarter that ended in Jun. 2024 was KES1,022 Mil. East African Portland Cement's Inventory Turnover for the quarter that ended in Jun. 2024 was 3.97.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. East African Portland Cement's Days Inventory for the six months ended in Jun. 2024 was 45.99.

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. East African Portland Cement's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.31.


East African Portland Cement  (NAI:PORT) 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.

East African Portland Cement's Days Inventory for the six months ended in Jun. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2024 )/Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=1022.322/4056.504*365 / 2
=45.99

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.

East African Portland Cement's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=1022.322 / 3279.053
=0.31

* 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.


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.


East African Portland Cement Inventory Turnover Related Terms


East African Portland Cement Inventory Turnover Historical Data

* Premium members only.

The historical data trend for East African Portland Cement'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.

East African Portland Cement Inventory Turnover Chart

East African Portland Cement Annual Data
Trend Jun11 Jun12 Jun15 Jun16 Jun17 Jun18 Jun22 Jun23 Jun24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only 4.68 4.15 2.69 4.35 3.97

East African Portland Cement Semi-Annual Data
Jun11 Jun12 Jun15 Jun16 Jun17 Jun18 Jun22 Jun23 Jun24
Inventory Turnover Get a 7-Day Free Trial Premium Member Only 4.68 4.15 2.69 4.35 3.97
NAI:PORT
19GF Score
East African Portland Cement NAI:PORT
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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East African Portland Cement Inventory Turnover Calculation

East African Portland Cement's Inventory Turnover for the fiscal year that ended in Jun. 2024 is calculated as

Inventory Turnover (A: Jun. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jun. 2024 ) / ((Total Inventories (A: Jun. 2023 ) + Total Inventories (A: Jun. 2024 )) / count )
=4056.504 / ((873.595 + 1171.049) / 2 )
=4056.504 / 1022.322
=3.97

East African Portland Cement's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover (Q: Jun. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2024 ) / ((Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Jun. 2024 )) / count )
=4056.504 / ((873.595 + 1171.049) / 2 )
=4056.504 / 1022.322
=3.97

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 3.97 mean?
East African Portland Cement (NAI:PORT) has a Inventory Turnover of 3.97 as of Jun. 2024. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on East African Portland Cement and its competitors.
Is East African Portland Cement's Inventory Turnover too high?
East African Portland Cement's current Inventory Turnover is 3.97. Overall, East African Portland Cement has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does East African Portland Cement's Inventory Turnover compare to CRH and MLM?
East African Portland Cement's Inventory Turnover of 3.97 can be compared against companies in the Building Materials industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Building Materials company?
A good Inventory Turnover depends on the Building Materials industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on East African Portland Cement and its competitors. East African Portland Cement's current Inventory Turnover is 3.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is East African Portland Cement stock overvalued right now?
East African Portland Cement (NAI:PORT) has a current Inventory Turnover of 3.97. The current Inventory Turnover is 3.97. East African Portland Cement's overall GF Score™ is 19/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For East African Portland Cement (NAI:PORT), the current Inventory Turnover is 3.97 as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

East African Portland Cement Business Description

Address Namanga Road, Off Mombasa Road, P. O. Box 40101 - 00100, L R 337/113/1, Nairobi, KEN
East African Portland Cement is a Kenya based company engaged in the manufacturing of cement. The company serves many key areas, including housing, education, health, tourism, transport, and communication. Geographically, it operates through the region of the local market of Kenya and the regional market of East Africa, of which the local market of Kenya generates a majority of revenue. Its product portfolio includes PPC, Ordinary Portland Cement (OPC), and Paving Blocks.
19GF Score

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Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

KES109.00
Price