Soquimich Comercial (XSGO:SOQUICOM) Inventory Turnover : 0.93 (As of Sep. 2024)

View and export this data going back to 1993. Start your Free Trial

What is Soquimich Comercial 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. Soquimich Comercial's Cost of Goods Sold for the three months ended in Sep. 2024 was CLP40,446 Mil. Soquimich Comercial's Average Total Inventories for the quarter that ended in Sep. 2024 was CLP43,302 Mil. Soquimich Comercial's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.93.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Soquimich Comercial's Days Inventory for the three months ended in Sep. 2024 was 97.69.

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. Soquimich Comercial's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.93.

Soquimich Comercial Inventory Turnover Historical Data

The historical data trend for Soquimich Comercial'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.

Soquimich Comercial Inventory Turnover Chart

Soquimich Comercial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

4.01

3.58

4.48

3.35

3.04

Soquimich Comercial 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															1.11	0.91	0.50	0.38	0.93

Soquimich Comercial Inventory Turnover Calculation

Soquimich Comercial'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 )
=	101048.325	/ (	(38729.338	+	27685.609)	/	2 )
=	101048.325	/	33207.4735
=	3.04

Soquimich Comercial'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 )
=	40446.391	/ (	(49448.252	+	37156.243)	/	2 )
=	40446.391	/	43302.2475
=	0.93

Soquimich Comercial (XSGO:SOQUICOM) 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.

Soquimich Comercial'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
	=	43302.2475	/	40446.391	*	365 / 4
	=	97.69

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.

Soquimich Comercial'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 )
	=	43302.2475	/	46790.119
	=	0.93

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.

Soquimich Comercial Inventory Turnover Related Terms

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

Soquimich Comercial Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Soquimich Comercial SA (XSGO:SOQUICOM) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

Los Militares 4290, Las Condes, Santiago, CHL

Website

http://www.sqmc.cl

Soquimich Comercial SA provides water soluble fertilizers. It produces, markets, distributes, & retails specialty fertilizers, nutrients, agricultural inputs, & other products for agricultural activity. Its products include specialty fertilizers, iodine, lithium, & industrial chemicals. Its product lines include Qrop Supreme, Qrop Complex Top K, Qrop Nitram, and Agroinsumos, which are sold throughout Chile using an extensive distribution network.

Soquimich Comercial Headlines

No Headlines