Embotelladora Andina (XSGO:ANDINA-B) Inventory Turnover : 1.69 (As of Sep. 2024)

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What is Embotelladora Andina 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. Embotelladora Andina's Cost of Goods Sold for the three months ended in Sep. 2024 was CLP451,542 Mil. Embotelladora Andina's Average Total Inventories for the quarter that ended in Sep. 2024 was CLP267,451 Mil. Embotelladora Andina's Inventory Turnover for the quarter that ended in Sep. 2024 was 1.69.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Embotelladora Andina's Days Inventory for the three months ended in Sep. 2024 was 54.05.

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. Embotelladora Andina's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.37.

Embotelladora Andina Inventory Turnover Historical Data

The historical data trend for Embotelladora Andina'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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Embotelladora Andina Inventory Turnover Chart

Embotelladora Andina Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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7.01

7.42

8.61

7.45

6.69

Embotelladora Andina Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Inventory Turnover	Get a 7-Day Free Trial															1.62	1.49	1.95	1.59	1.69

Embotelladora Andina Inventory Turnover Calculation

Embotelladora Andina's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	1601997.255	/ (	(245886.656	+	233053.16)	/	2 )
=	1601997.255	/	239469.908
=	6.69

Embotelladora Andina's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

	Inventory Turnover (Q: Sep. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	451541.791	/ (	(260642.109	+	274260.605)	/	2 )
=	451541.791	/	267451.357
=	1.69

Embotelladora Andina (XSGO:ANDINA-B) 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.

Embotelladora Andina's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	267451.357	/	451541.791	*	365 / 4
	=	54.05

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.

Embotelladora Andina's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	267451.357	/	726805.764
	=	0.37

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.

Embotelladora Andina Inventory Turnover Related Terms

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Embotelladora Andina Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Embotelladora Andina SA (XSGO:ANDINA-B) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

AKO.B:USA AKO.A:USA AKOA:Germany AKOA:Germany AKOB:Germany ANDINA-A:Chile

Address

Miraflores 9153, 7th Floor, Renca, Santiago, CHL

Website

https://www.koandina.com

Embotelladora Andina SA is a Coca-Cola bottler in Latin America whose principal activity is produce, bottle, commercialize and distribute the products under registered trademarks of The Coca-Cola Company (TCCC), as well as commercialize and distribute some brands of other companies such as Monster, AB InBev, Diageo and Capel, among others. The Company maintains operations and is licensed to produce, commercialize and distribute such products in certain territories in Chile, Brazil, Argentina and Paraguay.

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