Grupo Empresas Navieras (XSGO:NAVIERA) Inventory Turnover : 12.45 (As of Mar. 2024)

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What is Grupo Empresas Navieras 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. Grupo Empresas Navieras's Cost of Goods Sold for the three months ended in Mar. 2024 was CLP167,758 Mil. Grupo Empresas Navieras's Average Total Inventories for the quarter that ended in Mar. 2024 was CLP13,475 Mil. Grupo Empresas Navieras's Inventory Turnover for the quarter that ended in Mar. 2024 was 12.45.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Grupo Empresas Navieras's Days Inventory for the three months ended in Mar. 2024 was 7.33.

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. Grupo Empresas Navieras's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.07.

Grupo Empresas Navieras Inventory Turnover Historical Data

The historical data trend for Grupo Empresas Navieras'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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Grupo Empresas Navieras Inventory Turnover Chart

Grupo Empresas Navieras Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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61.14

55.87

80.62

67.30

49.03

Grupo Empresas Navieras Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															11.47	11.21	12.60	11.86	12.45

Grupo Empresas Navieras Inventory Turnover Calculation

Grupo Empresas Navieras'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 )
=	642835.132	/ (	(12783.196	+	13439.065)	/	2 )
=	642835.132	/	13111.1305
=	49.03

Grupo Empresas Navieras's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	167758.291	/ (	(13439.065	+	13511.52)	/	2 )
=	167758.291	/	13475.2925
=	12.45

Grupo Empresas Navieras (XSGO:NAVIERA) 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.

Grupo Empresas Navieras's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	13475.2925	/	167758.291	*	365 / 4
	=	7.33

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.

Grupo Empresas Navieras's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	13475.2925	/	205926.283
	=	0.07

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.

Grupo Empresas Navieras Inventory Turnover Related Terms

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Grupo Empresas Navieras (XSGO:NAVIERA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Grupo Empresas Navieras SA (XSGO:NAVIERA) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

Urriola 87, 4th floor, Valparaiso, CHL

Website

http://www.naviera.cl

Grupo Empresas Navieras SA through its holdings is engaged in the business of maritime transport. It is an agent of ships and provides services to cargo. It is engaged in the representations of transport operators, both maritime and air, investments in port and air infrastructure, land equipment and afloat, land transport , storage and distribution of products.

Grupo Empresas Navieras (XSGO:NAVIERA) Headlines

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