TPS Eastern Africa (NAI:TPSE) Inventory Turnover : 6.92 (As of Dec. 2022)

View and export this data going back to 2006. Start your Free Trial

What is TPS Eastern Africa 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. TPS Eastern Africa's Cost of Goods Sold for the six months ended in Dec. 2022 was KES3,077 Mil. TPS Eastern Africa's Average Total Inventories for the quarter that ended in Dec. 2022 was KES444 Mil. TPS Eastern Africa's Inventory Turnover for the quarter that ended in Dec. 2022 was 6.92.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. TPS Eastern Africa's Days Inventory for the six months ended in Dec. 2022 was 26.37.

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. TPS Eastern Africa's Inventory-to-Revenue for the quarter that ended in Dec. 2022 was 0.06.

TPS Eastern Africa Inventory Turnover Historical Data

The historical data trend for TPS Eastern Africa'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.

* Premium members only.

TPS Eastern Africa Inventory Turnover Chart

TPS Eastern Africa Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

Get a 7-Day Free Trial

7.25

7.66

3.74

4.63

6.92

TPS Eastern Africa Semi-Annual Data
	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Inventory Turnover	Get a 7-Day Free Trial										7.25	7.66	3.74	4.63	6.92

TPS Eastern Africa Inventory Turnover Calculation

TPS Eastern Africa's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	3076.572	/ (	(411.965	+	477.013)	/	2 )
=	3076.572	/	444.489
=	6.92

TPS Eastern Africa's Inventory Turnover for the quarter that ended in Dec. 2022 is calculated as

	Inventory Turnover (Q: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2022 )	/ (	(Total Inventories (Q: Dec. 2021 )	+	Total Inventories (Q: Dec. 2022 ))	/	count )
=	3076.572	/ (	(411.965	+	477.013)	/	2 )
=	3076.572	/	444.489
=	6.92

TPS Eastern Africa (NAI:TPSE) 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.

TPS Eastern Africa's Days Inventory for the six months ended in Dec. 2022 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2022 )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
	=	444.489	/	3076.572	*	365 / 2
	=	26.37

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.

TPS Eastern Africa's Inventory to Revenue for the quarter that ended in Dec. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2022 )	/	Revenue (Q: Dec. 2022 )
	=	444.489	/	6944.306
	=	0.06

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.

TPS Eastern Africa Inventory Turnover Related Terms

Thank you for viewing the detailed overview of TPS Eastern Africa's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

TPS Eastern Africa (NAI:TPSE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » TPS Eastern Africa Ltd (NAI:TPSE) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

4th Ngong Avenue, P.O. Box 48690, 4th Floor, Williamson House, Nairobi, KEN, 00100

Website

https://www.serenahotels.com

TPS Eastern Africa Ltd is a Kenya based company and along with its subsidiaries own and operates hotel and lodge facilities in Eastern Africa. In terms of the segment, the business has three operating segments that are Kenya Hotels and Lodges, Tanzania Lodges, and Uganda Hotels; out of which Kenya Hotels and Lodges generate maximum revenue for the company. Geographically the company has diversified its business to Uganda, Tanzania, and Kenya. The company is also interested in performing promotion activities for its hotels through its subsidiaries.

TPS Eastern Africa (NAI:TPSE) Headlines

No Headlines