Tatry Mountain Resorts AS (XBRA:1TMR001E) Inventory Turnover : 6.17 (As of Oct. 2023)

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What is Tatry Mountain Resorts AS 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. Tatry Mountain Resorts AS's Cost of Goods Sold for the six months ended in Oct. 2023 was €48.5 Mil. Tatry Mountain Resorts AS's Average Total Inventories for the quarter that ended in Oct. 2023 was €7.9 Mil. Tatry Mountain Resorts AS's Inventory Turnover for the quarter that ended in Oct. 2023 was 6.17.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tatry Mountain Resorts AS's Days Inventory for the six months ended in Oct. 2023 was 29.60.

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. Tatry Mountain Resorts AS's Inventory-to-Revenue for the quarter that ended in Oct. 2023 was 0.10.

Tatry Mountain Resorts AS Inventory Turnover Historical Data

The historical data trend for Tatry Mountain Resorts AS'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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Tatry Mountain Resorts AS Inventory Turnover Chart

Tatry Mountain Resorts AS Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Inventory Turnover

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11.30

8.26

8.77

21.14

16.60

Tatry Mountain Resorts AS Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Inventory Turnover	Get a 7-Day Free Trial															5.42	12.68	10.14	12.54	6.17

Tatry Mountain Resorts AS Inventory Turnover Calculation

Tatry Mountain Resorts AS's Inventory Turnover for the fiscal year that ended in Oct. 2023 is calculated as

	Inventory Turnover (A: Oct. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Oct. 2023 )	/ (	(Total Inventories (A: Oct. 2022 )	+	Total Inventories (A: Oct. 2023 ))	/	count )
=	115.998	/ (	(4.507	+	9.471)	/	2 )
=	115.998	/	6.989
=	16.60

Tatry Mountain Resorts AS's Inventory Turnover for the quarter that ended in Oct. 2023 is calculated as

	Inventory Turnover (Q: Oct. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Oct. 2023 )	/ (	(Total Inventories (Q: Apr. 2023 )	+	Total Inventories (Q: Oct. 2023 ))	/	count )
=	48.498	/ (	(6.259	+	9.471)	/	2 )
=	48.498	/	7.865
=	6.17

Tatry Mountain Resorts AS (XBRA:1TMR001E) 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.

Tatry Mountain Resorts AS's Days Inventory for the six months ended in Oct. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Oct. 2023 )	/	Cost of Goods Sold (Q: Oct. 2023 )	*	Days in Period
	=	7.865	/	48.498	*	365 / 2
	=	29.60

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.

Tatry Mountain Resorts AS's Inventory to Revenue for the quarter that ended in Oct. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Oct. 2023 )	/	Revenue (Q: Oct. 2023 )
	=	7.865	/	78.91
	=	0.10

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.

Tatry Mountain Resorts AS Inventory Turnover Related Terms

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Tatry Mountain Resorts AS (XBRA:1TMR001E) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Tatry Mountain Resorts AS (XBRA:1TMR001E) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

TMR:Poland TMR:Czech Republic

Address

Demanovska Dolina 72, Liptovsky Mikulas, SVK, 031 01

Website

https://www.tmr.sk

Tatry Mountain Resorts AS is engaged in the operation of mountain resorts and amusement parks and the provision of tourist services in Central and Eastern Europe with a portfolio including the mountain resorts, amusement parks, golf resorts and hotels in the region. The company's business is divided into seven main segments - Mountain Resorts, Amusement Parks, Golf, Restaurants, Sports Services and Shops, Hotels and Real Estate Projects. The company owns or leases and operates mountain resorts in the High and Low Tatras, the Czech Republic, the Polish Beskydy Mountains and, most recently, Austria. The company also offers comprehensive additional services in resorts, such as restaurants, ski schools, sports shops and rental and service of ski equipment.

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