Tigar a.d (XBEL:TIGR) Inventory Turnover : 0.00 (As of Dec. 2024)

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What is Tigar a.d 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. Tigar a.d's Cost of Goods Sold for the six months ended in Dec. 2024 was RSD0 Mil. Tigar a.d's Average Total Inventories for the quarter that ended in Dec. 2024 was RSD1,199 Mil. Tigar a.d's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

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.

Tigar a.d Inventory Turnover Historical Data

The historical data trend for Tigar a.d'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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Tigar a.d Inventory Turnover Chart

Tigar a.d Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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1.35

2.36

1.47

0.73

0.81

Tigar a.d Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Dec24
Inventory Turnover	Get a 7-Day Free Trial															0.66	0.75	0.35	0.35	-

Tigar a.d Inventory Turnover Calculation

Tigar a.d's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Inventory Turnover (A: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2024 )	/ (	(Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )
=	974.185	/ (	(1235	+	1163.983)	/	2 )
=	974.185	/	1199.4915
=	0.81

Tigar a.d's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	0	/ (	(1235	+	1163.983)	/	2 )
=	0	/	1199.4915
=	0.00

Tigar a.d (XBEL:TIGR) 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.

Tigar a.d's Days Inventory for the six months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	1199.4915	/	0	*	365 / 2
	=

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.

Tigar a.d's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	1199.4915	/	0
	=

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.

Tigar a.d Inventory Turnover Related Terms

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Tigar a.d Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Tigar a.d (XBEL:TIGR) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

213, Nikole Pasica Street, Pirot, SRB, 18300

Website

http://www.tigar.com

Tigar a.d is engaged in the production of rubber footwear and chemical products. Tigar's product line comprises footwear, technical rubber goods, and chemical products. Tigar footwear's product lines currently include the following product groups: safety footwear, work boots, sports footwear, fashion footwear, and children's footwear. Technical rubber goods include moulded rubber products, rubber profiles, and special purpose products. Tigar chemical products manufacture more than 300 products classified into self-spreading flooring, anti-corrosion coatings, and adhesives.