Celsia Esp (BOG:CELSIA) Inventory Turnover : 7.48 (As of Mar. 2024)

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What is Celsia Esp 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. Celsia Esp's Cost of Goods Sold for the three months ended in Mar. 2024 was COP1,058,447 Mil. Celsia Esp's Average Total Inventories for the quarter that ended in Mar. 2024 was COP141,566 Mil. Celsia Esp's Inventory Turnover for the quarter that ended in Mar. 2024 was 7.48.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Celsia Esp's Days Inventory for the three months ended in Mar. 2024 was 12.20.

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. Celsia Esp's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.10.

Celsia Esp Inventory Turnover Historical Data

The historical data trend for Celsia Esp'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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Celsia Esp Inventory Turnover Chart

Celsia Esp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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11.84

13.69

18.85

28.15

32.64

Celsia Esp 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															7.19	7.59	7.33	9.17	7.48

Celsia Esp Inventory Turnover Calculation

Celsia Esp'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 )
=	4418469	/ (	(142036	+	128679)	/	2 )
=	4418469	/	135357.5
=	32.64

Celsia Esp'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 )
=	1058446.919	/ (	(128679	+	154453.031)	/	2 )
=	1058446.919	/	141566.0155
=	7.48

Celsia Esp (BOG:CELSIA) 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.

Celsia Esp'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
	=	141566.0155	/	1058446.919	*	365 / 4
	=	12.20

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.

Celsia Esp'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 )
	=	141566.0155	/	1375395.723
	=	0.10

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.

Celsia Esp Inventory Turnover Related Terms

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Celsia Esp (BOG:CELSIA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Celsia SA Esp (BOG:CELSIA) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

Carrera 43A No. 1A Sur - 143, Floor 5, Medellin, COL

Website

https://www.celsia.com

Celsia SA Esp is a Latin American public utility company. Celsia is involved in the generation and sale of electrical energy and natural gas in Colombia, Panama, and Costa Rica. Through its principal subsidiary, Celsia Colombia S.A. E.S.P, the company owns and operates a portfolio of thermal, hydroelectric, and wind power plants. The company has two geographical operating segments namely Colombia and Central America. It generates maximum revenue from the Colombia segment. The company projects include Porvenir II and ReverdeC.

Celsia Esp (BOG:CELSIA) Headlines

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