Empresas Tricot (XSGO:TRICOT) Inventory Turnover : 1.09 (As of Dec. 2024)

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What is Empresas Tricot 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 Tricot's Cost of Goods Sold for the three months ended in Dec. 2024 was CLP43,293 Mil. Empresas Tricot's Average Total Inventories for the quarter that ended in Dec. 2024 was CLP39,808 Mil. Empresas Tricot's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.09.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Empresas Tricot's Days Inventory for the three months ended in Dec. 2024 was 83.91.

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 Tricot's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.53.

Empresas Tricot Inventory Turnover Historical Data

The historical data trend for Empresas Tricot'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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Empresas Tricot Inventory Turnover Chart

Empresas Tricot Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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3.29

3.73

4.18

3.83

3.75

Empresas Tricot Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															1.19	0.87	1.09	0.89	1.09

Empresas Tricot Inventory Turnover Calculation

Empresas Tricot's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Inventory Turnover (A: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2024 )	/ (	(Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )
=	141527.524	/ (	(34805.079	+	40586.827)	/	2 )
=	141527.524	/	37695.953
=	3.75

Empresas Tricot's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	43292.776	/ (	(39029.676	+	40586.827)	/	2 )
=	43292.776	/	39808.2515
=	1.09

Empresas Tricot (XSGO:TRICOT) 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 Tricot's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	39808.2515	/	43292.776	*	365 / 4
	=	83.91

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 Tricot's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	39808.2515	/	75172.534
	=	0.53

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 Tricot Inventory Turnover Related Terms

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Empresas Tricot Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Empresas Tricot SA (XSGO:TRICOT) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

Vicuna Mackenna Avenue 3600, Macul, Santiago, CHL

Website

https://www.tricot.cl

Empresas Tricot SA is a Chile-based company that predominantly operates in the apparel sector. The company operates in the following business segments; Retail Business and Financial Business. The Retail Business segment which generates maximum revenue, operates Tiendas Tricot. a chain of stores specializing in clothing, including footwear and accessories, and Tricot Connect stores, a chain of stores specializing in electronic items such as cell phones, tablets, and accessories, among others. The Financial Business segment participates in the financial business through insurance brokerage and issuance of its credit card (Tricot Visa), granting direct credit to its clients, both through sales in its stores and associated businesses and cash advances.

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