SODE Cote d'Ivoire (XBRV:SDCC) Inventory Turnover : 2.42 (As of Dec. 2019)

View and export this data going back to 1998. Start your Free Trial

What is SODE Cote d'Ivoire 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. SODE Cote d'Ivoire's Cost of Goods Sold for the six months ended in Dec. 2019 was XOF38,736 Mil. SODE Cote d'Ivoire's Average Total Inventories for the quarter that ended in Dec. 2019 was XOF15,993 Mil. SODE Cote d'Ivoire's Inventory Turnover for the quarter that ended in Dec. 2019 was 2.42.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. SODE Cote d'Ivoire's Days Inventory for the six months ended in Dec. 2019 was 75.35.

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. SODE Cote d'Ivoire's Inventory-to-Revenue for the quarter that ended in Dec. 2019 was 0.17.

SODE Cote d'Ivoire Inventory Turnover Historical Data

The historical data trend for SODE Cote d'Ivoire'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.

SODE Cote d'Ivoire Inventory Turnover Chart

SODE Cote d'Ivoire Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Inventory Turnover

Get a 7-Day Free Trial

2.91

2.61

1.46

2.39

2.42

SODE Cote d'Ivoire Semi-Annual Data
	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19
Inventory Turnover	Get a 7-Day Free Trial						2.91	2.61	1.46	2.39	2.42

SODE Cote d'Ivoire Inventory Turnover Calculation

SODE Cote d'Ivoire's Inventory Turnover for the fiscal year that ended in Dec. 2019 is calculated as

	Inventory Turnover (A: Dec. 2019 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2019 )	/ (	(Total Inventories (A: Dec. 2018 )	+	Total Inventories (A: Dec. 2019 ))	/	count )
=	38736.077	/ (	(16037.718	+	15948.665)	/	2 )
=	38736.077	/	15993.1915
=	2.42

SODE Cote d'Ivoire's Inventory Turnover for the quarter that ended in Dec. 2019 is calculated as

	Inventory Turnover (Q: Dec. 2019 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2019 )	/ (	(Total Inventories (Q: Dec. 2018 )	+	Total Inventories (Q: Dec. 2019 ))	/	count )
=	38736.077	/ (	(16037.718	+	15948.665)	/	2 )
=	38736.077	/	15993.1915
=	2.42

SODE Cote d'Ivoire (XBRV:SDCC) 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.

SODE Cote d'Ivoire's Days Inventory for the six months ended in Dec. 2019 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2019 )	/	Cost of Goods Sold (Q: Dec. 2019 )	*	Days in Period
	=	15993.1915	/	38736.077	*	365 / 2
	=	75.35

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.

SODE Cote d'Ivoire's Inventory to Revenue for the quarter that ended in Dec. 2019 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2019 )	/	Revenue (Q: Dec. 2019 )
	=	15993.1915	/	96477.917
	=	0.17

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.

SODE Cote d'Ivoire Inventory Turnover Related Terms

Thank you for viewing the detailed overview of SODE Cote d'Ivoire's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

SODE Cote d'Ivoire (XBRV:SDCC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » SODE Cote d'Ivoire (XBRV:SDCC) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

1, Avenue Christiani, Treichville, Abidjan, CIV, BP1843

Website

http://www.sodeci.ci

SODE Cote d'Ivoire is engaged in operation and maintenance of drinking water and sanitation. The services provided by the company includes connection, subscription, termination, renewal and mutation among others.

SODE Cote d'Ivoire (XBRV:SDCC) Headlines

No Headlines