Carbon Group (WAR:ELM) Inventory Turnover : 4.25 (As of Mar. 2024)

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What is Carbon Group 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. Carbon Group's Cost of Goods Sold for the three months ended in Mar. 2024 was zł0.09 Mil. Carbon Group's Average Total Inventories for the quarter that ended in Mar. 2024 was zł0.02 Mil. Carbon Group's Inventory Turnover for the quarter that ended in Mar. 2024 was 4.25.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Carbon Group's Days Inventory for the three months ended in Mar. 2024 was 21.47.

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. Carbon Group's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.43.

Carbon Group Inventory Turnover Historical Data

The historical data trend for Carbon Group'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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Carbon Group Inventory Turnover Chart

Carbon Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

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307.05

447.06

983.20

687.78

341.62

Carbon Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															98.56	81.88	6.21	3.06	4.25

Carbon Group Inventory Turnover Calculation

Carbon Group'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 )
=	15.373	/ (	(0.057	+	0.033)	/	2 )
=	15.373	/	0.045
=	341.62

Carbon Group'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 )
=	0.085	/ (	(0.033	+	0.007)	/	2 )
=	0.085	/	0.02
=	4.25

Carbon Group (WAR:ELM) 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.

Carbon Group's Days Inventory for the three 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
	=	0.02	/	0.085	*	365 / 4
	=	21.47

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.

Carbon Group'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 )
	=	0.02	/	0.014
	=	1.43

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.

Carbon Group Inventory Turnover Related Terms

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Carbon Group (WAR:ELM) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Carbon Group SA (WAR:ELM) » Definitions » Inventory Turnover

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Address

Ulica Ludwika Warynski 18, Jelenia Gora, POL, 58-500

Website

http://www.elektromont.pl

Carbon Group SA is engaged in the execution of electrical installations in industrial facilities and public facilities. The company's offer includes installation in production halls, warehouse halls, large-format commercial facilities, municipal facilities, food processing plants and hotels and spa facilities.

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