KSG Agro (WAR:KSG) Inventory Turnover : 0.10 (As of Sep. 2023)

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What is KSG Agro 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. KSG Agro's Cost of Goods Sold for the three months ended in Sep. 2023 was zł6.21 Mil. KSG Agro's Average Total Inventories for the quarter that ended in Sep. 2023 was zł63.23 Mil. KSG Agro's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.10.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. KSG Agro's Days Inventory for the three months ended in Sep. 2023 was 928.93.

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. KSG Agro's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 3.59.

KSG Agro Inventory Turnover Historical Data

The historical data trend for KSG Agro'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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KSG Agro Inventory Turnover Chart

KSG Agro Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

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2.32

1.60

1.05

1.30

0.86

KSG Agro Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Inventory Turnover	Get a 7-Day Free Trial															0.16	0.36	0.22	0.17	0.10

KSG Agro Inventory Turnover Calculation

KSG Agro'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 )
=	51.058	/ (	(65.981	+	52.81)	/	2 )
=	51.058	/	59.3955
=	0.86

KSG Agro's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

	Inventory Turnover (Q: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	6.211	/ (	(59.617	+	66.839)	/	2 )
=	6.211	/	63.228
=	0.10

KSG Agro (WAR:KSG) 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.

KSG Agro's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	63.228	/	6.211	*	365 / 4
	=	928.93

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.

KSG Agro's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	63.228	/	17.636
	=	3.59

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.

KSG Agro Inventory Turnover Related Terms

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KSG Agro (WAR:KSG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » KSG Agro SA (WAR:KSG) » Definitions » Inventory Turnover

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Address

24, rue Astrid, Luxembourg, LUX, L-1143

Website

https://www.ksgagro.com

KSG Agro SA is engaged in the cultivation of land and the production of agricultural crops. It has two operating segments. The Crop production segment is focused on sunflower, wheat, barley, rapeseed, and corn. The Pigs breeding segment deals with the sale of pigs and piglets in live and dead weight. It generates a vast majority of its revenues from Ukraine and also has operations across Europe.

KSG Agro (WAR:KSG) Headlines

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