Elhim Iskra AD (XBUL:ELHM) Inventory Turnover : 0.48 (As of Dec. 2024)

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What is Elhim Iskra AD 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. Elhim Iskra AD's Cost of Goods Sold for the three months ended in Dec. 2024 was лв4.75 Mil. Elhim Iskra AD's Average Total Inventories for the quarter that ended in Dec. 2024 was лв9.83 Mil. Elhim Iskra AD's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.48.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Elhim Iskra AD's Days Inventory for the three months ended in Dec. 2024 was 188.88.

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. Elhim Iskra AD's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 1.57.

Elhim Iskra AD Inventory Turnover Historical Data

The historical data trend for Elhim Iskra AD'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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Elhim Iskra AD Inventory Turnover Chart

Elhim Iskra AD Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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1.99

2.84

3.27

2.51

2.31

Elhim Iskra AD Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															0.60	0.75	0.61	0.52	0.48

Elhim Iskra AD Inventory Turnover Calculation

Elhim Iskra AD'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 )
=	24.635	/ (	(11.819	+	9.554)	/	2 )
=	24.635	/	10.6865
=	2.31

Elhim Iskra AD'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: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	4.75	/ (	(10.11	+	9.554)	/	2 )
=	4.75	/	9.832
=	0.48

Elhim Iskra AD (XBUL:ELHM) 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.

Elhim Iskra AD's Days Inventory for the three 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
	=	9.832	/	4.75	*	365 / 4
	=	188.88

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.

Elhim Iskra AD'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 )
	=	9.832	/	6.281
	=	1.57

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.

Elhim Iskra AD Inventory Turnover Related Terms

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Elhim Iskra AD Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Elhim Iskra AD (XBUL:ELHM) » Definitions » Inventory Turnover

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Address

9 Iskra street, Pazardzhik, BGR, 4400

Website

http://www.elhim-iskra.com

Elhim Iskra AD manufactures lead-acid starter and traction batteries. The batteries are used in the equipment of motor vehicles, agricultural machinery, warehousing equipment, road construction machinery, under-floating equipment, railway transport, electric cars and golf carts, photovoltaic and wind power plants, among others.

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