Empresas Tagaropulos (XPTY:TAGA) Inventory Turnover: 0.67 (As of Mar. 2019)


What is Empresas Tagaropulos Inventory Turnover?

Empresas Tagaropulos XPTY:TAGA Inventory Turnover is 0.67 as of Mar. 2019.

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. Empresas Tagaropulos's Cost of Goods Sold for the three months ended in Mar. 2019 was $0.65 Mil. Empresas Tagaropulos's Average Total Inventories for the quarter that ended in Mar. 2019 was $0.96 Mil. Empresas Tagaropulos's Inventory Turnover for the quarter that ended in Mar. 2019 was 0.67.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Empresas Tagaropulos's Days Inventory for the three months ended in Mar. 2019 was 136.03.

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. Empresas Tagaropulos's Inventory-to-Revenue for the quarter that ended in Mar. 2019 was 3.56.

Empresas Tagaropulos  (XPTY:TAGA) 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.

Empresas Tagaropulos's Days Inventory for the three months ended in Mar. 2019 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2019 )/Cost of Goods Sold (Q: Mar. 2019 )*Days in Period
=0.9645/0.647*365 / 4
=136.03

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.

Empresas Tagaropulos's Inventory to Revenue for the quarter that ended in Mar. 2019 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2019 ) / Revenue (Q: Mar. 2019 )
=0.9645 / 0.271
=3.56

* 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.

Empresas Tagaropulos Inventory Turnover Related Terms

Empresas Tagaropulos Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Empresas Tagaropulos'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.

Empresas Tagaropulos Inventory Turnover Chart

Empresas Tagaropulos Annual Data
Trend Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only 6.21 5.96 5.10 4.86 5.58

Empresas Tagaropulos Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.13 1.14 1.33 1.02 0.67

Empresas Tagaropulos Inventory Turnover Calculation

Empresas Tagaropulos's Inventory Turnover for the fiscal year that ended in Sep. 2018 is calculated as

Inventory Turnover (A: Sep. 2018 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Sep. 2018 ) / ((Total Inventories (A: Sep. 2017 ) + Total Inventories (A: Sep. 2018 )) / count )
=67.212 / ((17.456 + 6.653) / 2 )
=67.212 / 12.0545
=5.58

Empresas Tagaropulos's Inventory Turnover for the quarter that ended in Mar. 2019 is calculated as

Inventory Turnover (Q: Mar. 2019 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2019 ) / ((Total Inventories (Q: Dec. 2018 ) + Total Inventories (Q: Mar. 2019 )) / count )
=0.647 / ((1.635 + 0.294) / 2 )
=0.647 / 0.9645
=0.67

* 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 0.67 mean?
Empresas Tagaropulos (XPTY:TAGA) has a Inventory Turnover of 0.67 as of Mar. 2019. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Empresas Tagaropulos and its competitors.
Is Empresas Tagaropulos' Inventory Turnover too high?
Empresas Tagaropulos' current Inventory Turnover is 0.67.
How does Empresas Tagaropulos' Inventory Turnover compare to OMSH?
Empresas Tagaropulos' Inventory Turnover of 0.67 can be compared against companies in the Retail - Defensive 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 Retail - Defensive company?
A good Inventory Turnover depends on the Retail - Defensive 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 Empresas Tagaropulos and its competitors. Empresas Tagaropulos's current Inventory Turnover is 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Empresas Tagaropulos stock overvalued right now?
Empresas Tagaropulos (XPTY:TAGA) has a current Inventory Turnover of 0.67. The current Inventory Turnover is 0.67. 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 Empresas Tagaropulos (XPTY:TAGA), the current Inventory Turnover is 0.67 as of Mar. 2019. 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.

Empresas Tagaropulos Business Description

Address Via Ricardo J. Alfaro, La Loceria, Area 6A, Apartado, PAN, 6-4000
Empresas Tagaropulos SA is engaged in the wholesale and retail of consumer goods including dry goods, food and health & beauty products in the Republic of Panama and also sells real estate.