SICOR Cote d'Ivoire (XBRV:SICC) Inventory Turnover: 0.84 (As of Dec. 2018)

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XBRV:SICC SICOR Cote d'Ivoire XBRV:SICC
33 GF Score
Price XOF8,400.00
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What is SICOR Cote d'Ivoire Inventory Turnover?

SICOR Cote d'Ivoire XBRV:SICC 33 Inventory Turnover is 0.84 as of Dec. 2018. GuruFocus rates XBRV:SICC with a GF Score™ of 33/100.

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. SICOR Cote d'Ivoire's Cost of Goods Sold for the six months ended in Dec. 2018 was XOF1,116 Mil. SICOR Cote d'Ivoire's Average Total Inventories for the quarter that ended in Dec. 2018 was XOF1,336 Mil. SICOR Cote d'Ivoire's Inventory Turnover for the quarter that ended in Dec. 2018 was 0.84.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. SICOR Cote d'Ivoire's Days Inventory for the six months ended in Dec. 2018 was 218.42.

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. SICOR Cote d'Ivoire's Inventory-to-Revenue for the quarter that ended in Dec. 2018 was 0.96.

SICOR Cote d'Ivoire  (XBRV:SICC) 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.

SICOR Cote d'Ivoire's Days Inventory for the six months ended in Dec. 2018 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2018 )/Cost of Goods Sold (Q: Dec. 2018 )*Days in Period
=1336.0843835/1116.359063*365 / 2
=218.42

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.

SICOR Cote d'Ivoire's Inventory to Revenue for the quarter that ended in Dec. 2018 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2018 ) / Revenue (Q: Dec. 2018 )
=1336.0843835 / 1393.219028
=0.96

* 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.

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.

SICOR Cote d'Ivoire Inventory Turnover Related Terms

SICOR Cote d'Ivoire Inventory Turnover Historical Data

* Premium members only.

The historical data trend for SICOR 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.

SICOR Cote d'Ivoire Inventory Turnover Chart

SICOR Cote d'Ivoire Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Inventory Turnover
Get a 7-Day Free Trial - 0.56 1.89 0.81 0.84

SICOR Cote d'Ivoire Semi-Annual Data
Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Inventory Turnover Get a 7-Day Free Trial - 0.56 1.89 0.81 0.84
XBRV:SICC
33GF Score
SICOR Cote d'Ivoire XBRV:SICC
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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SICOR Cote d'Ivoire Inventory Turnover Calculation

SICOR Cote d'Ivoire's Inventory Turnover for the fiscal year that ended in Dec. 2018 is calculated as

Inventory Turnover (A: Dec. 2018 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2018 ) / ((Total Inventories (A: Dec. 2017 ) + Total Inventories (A: Dec. 2018 )) / count )
=1116.359063 / ((1197.861267 + 1474.3075) / 2 )
=1116.359063 / 1336.0843835
=0.84

SICOR Cote d'Ivoire's Inventory Turnover for the quarter that ended in Dec. 2018 is calculated as

Inventory Turnover (Q: Dec. 2018 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2018 ) / ((Total Inventories (Q: Dec. 2017 ) + Total Inventories (Q: Dec. 2018 )) / count )
=1116.359063 / ((1197.861267 + 1474.3075) / 2 )
=1116.359063 / 1336.0843835
=0.84

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 0.84 mean?
SICOR Cote d'Ivoire (XBRV:SICC) has a Inventory Turnover of 0.84 as of Dec. 2018. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on SICOR Cote d'Ivoire and its competitors.
Is SICOR Cote d'Ivoire's Inventory Turnover too high?
SICOR Cote d'Ivoire's current Inventory Turnover is 0.84. Overall, SICOR Cote d'Ivoire has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does SICOR Cote d'Ivoire's Inventory Turnover compare to ?
SICOR Cote d'Ivoire's Inventory Turnover of 0.84 can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Consumer Packaged Goods company?
A good Inventory Turnover depends on the Consumer Packaged Goods industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on SICOR Cote d'Ivoire and its competitors. SICOR Cote d'Ivoire's current Inventory Turnover is 0.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SICOR Cote d'Ivoire stock overvalued right now?
SICOR Cote d'Ivoire (XBRV:SICC) has a current Inventory Turnover of 0.84. The current Inventory Turnover is 0.84. SICOR Cote d'Ivoire's overall GF Score™ is 33/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For SICOR Cote d'Ivoire (XBRV:SICC), the current Inventory Turnover is 0.84 as of Dec. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

SICOR Cote d'Ivoire Business Description

Comparable Companies
Address Quartier SICOR, Jacqueville, CIV, BP 202
SICOR Cote d'Ivoire offers coconut products and derivates, including desiccated coco and copra.
33GF Score

Get the complete analysis for XBRV:SICC

Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

XOF8,400.00
Price