Galadari Hotels (Lanka) (COL:GHLL.N0000) Inventory Turnover : 2.62 (As of Mar. 2024)

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What is Galadari Hotels (Lanka) 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. Galadari Hotels (Lanka)'s Cost of Goods Sold for the three months ended in Mar. 2024 was රු209 Mil. Galadari Hotels (Lanka)'s Average Total Inventories for the quarter that ended in Mar. 2024 was රු80 Mil. Galadari Hotels (Lanka)'s Inventory Turnover for the quarter that ended in Mar. 2024 was 2.62.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Galadari Hotels (Lanka)'s Days Inventory for the three months ended in Mar. 2024 was 34.77.

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. Galadari Hotels (Lanka)'s Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.22.

Galadari Hotels (Lanka) Inventory Turnover Historical Data

The historical data trend for Galadari Hotels (Lanka)'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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Galadari Hotels (Lanka) Inventory Turnover Chart

Galadari Hotels (Lanka) Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

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14.02

12.62

8.42

9.04

12.27

Galadari Hotels (Lanka) Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															3.16	2.40	2.43	2.61	2.62

Galadari Hotels (Lanka) Inventory Turnover Calculation

Galadari Hotels (Lanka)'s Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	713.35	/ (	(41.812	+	74.473)	/	2 )
=	713.35	/	58.1425
=	12.27

Galadari Hotels (Lanka)'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: Sep. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	209.463	/ (	(86.26	+	73.384)	/	2 )
=	209.463	/	79.822
=	2.62

Galadari Hotels (Lanka) (COL:GHLL.N0000) 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.

Galadari Hotels (Lanka)'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
	=	79.822	/	209.463	*	365 / 4
	=	34.77

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.

Galadari Hotels (Lanka)'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 )
	=	79.822	/	360.527
	=	0.22

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.

Galadari Hotels (Lanka) Inventory Turnover Related Terms

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Galadari Hotels (Lanka) (COL:GHLL.N0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Galadari Hotels (Lanka) PLC (COL:GHLL.N0000) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 64, Lotus Road, Colombo, LKA, 01

Website

https://www.galadarihotel.lk

Galadari Hotels (Lanka) PLC is involved in the lodging business sector. The principal activity of the company is hoteliering. In terms of revenue, the organization generates income from the sale of rooms and sale of food and beverages. The Food and Beverage sales generate maximum revenue for the company. The hotel provides its services for dining, wedding, accommodation, and meetings. Its service only caters to the Sri Lankan market.

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