Empresas CMPC (XSGO:CMPC) Inventory Turnover : 0.81 (As of Dec. 2023)

View and export this data going back to 1982. Start your Free Trial

What is Empresas CMPC 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. Empresas CMPC's Cost of Goods Sold for the three months ended in Dec. 2023 was CLP1,416,949 Mil. Empresas CMPC's Average Total Inventories for the quarter that ended in Dec. 2023 was CLP1,745,369 Mil. Empresas CMPC's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.81.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Empresas CMPC's Days Inventory for the three months ended in Dec. 2023 was 112.40.

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 CMPC's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.02.

Empresas CMPC Inventory Turnover Historical Data

The historical data trend for Empresas CMPC'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.

Empresas CMPC Inventory Turnover Chart

Empresas CMPC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

2.95

2.78

3.13

2.95

3.18

Empresas CMPC Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															0.69	0.67	0.77	0.83	0.81

Empresas CMPC Inventory Turnover Calculation

Empresas CMPC'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 )
=	5539328.579	/ (	(1824464.803	+	1654874.858)	/	2 )
=	5539328.579	/	1739669.8305
=	3.18

Empresas CMPC's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	1416948.848	/ (	(1835862.147	+	1654874.858)	/	2 )
=	1416948.848	/	1745368.5025
=	0.81

Empresas CMPC (XSGO:CMPC) 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 CMPC's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	1745368.5025	/	1416948.848	*	365 / 4
	=	112.40

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 CMPC's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	1745368.5025	/	1709932.687
	=	1.02

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 CMPC Inventory Turnover Related Terms

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

Empresas CMPC (XSGO:CMPC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Empresas CMPC SA (XSGO:CMPC) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

Agustinas 1343, Santiago, CHL

Website

http://www.cmpc.cl

Empresas CMPC SA produces and sells pulp, paper, packaging, tissue paper, and other paper products. The firm organizes itself into three segments based on product type. The pulp forestry segment, which generates the majority of revenue, harvests timber and sells pulp, which is used to make paper products. The paper segment sells a variety of paper products. The tissue segment sells tissue papers. The majority of revenue comes from Latin America. The majority of the company's shares outstanding are owned by Matte Group.

Empresas CMPC (XSGO:CMPC) Headlines

No Headlines