Panevezio statybos trestas AB (OVSE:PTR1L) Inventory Turnover : 5.49 (As of Dec. 2023)

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What is Panevezio statybos trestas AB 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. Panevezio statybos trestas AB's Cost of Goods Sold for the six months ended in Dec. 2023 was €54.8 Mil. Panevezio statybos trestas AB's Average Total Inventories for the quarter that ended in Dec. 2023 was €10.0 Mil. Panevezio statybos trestas AB's Inventory Turnover for the quarter that ended in Dec. 2023 was 5.49.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Panevezio statybos trestas AB's Days Inventory for the six months ended in Dec. 2023 was 33.23.

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. Panevezio statybos trestas AB's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.17.

Panevezio statybos trestas AB Inventory Turnover Historical Data

The historical data trend for Panevezio statybos trestas AB'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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Panevezio statybos trestas AB Inventory Turnover Chart

Panevezio statybos trestas AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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4.25

3.29

8.63

10.74

11.54

Panevezio statybos trestas AB Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															5.30	4.55	5.13	5.10	5.49

Panevezio statybos trestas AB Inventory Turnover Calculation

Panevezio statybos trestas AB'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 )
=	107.588	/ (	(9.674	+	8.969)	/	2 )
=	107.588	/	9.3215
=	11.54

Panevezio statybos trestas AB's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	54.842	/ (	(11.003	+	8.969)	/	2 )
=	54.842	/	9.986
=	5.49

Panevezio statybos trestas AB (OVSE:PTR1L) 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.

Panevezio statybos trestas AB's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	9.986	/	54.842	*	365 / 2
	=	33.23

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.

Panevezio statybos trestas AB's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	9.986	/	60.138
	=	0.17

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.

Panevezio statybos trestas AB Inventory Turnover Related Terms

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Panevezio statybos trestas AB (OVSE:PTR1L) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Panevezio statybos trestas AB (OVSE:PTR1L) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

P. Puzino street 1, Panevezys, LTU, LT-35173

Website

https://www.pst.lt

Panevezio statybos trestas AB operates in the construction industry. The business activity of the group includes the construction of buildings, constructions, other facilities, and networks, as well as the sale of building materials, development of the real estate. In addition to this activity, the company is also engaged in the rental of premises and machinery. The company reports in the following segments: Construction, Steel structures, Timber panel houses, Concrete floor installations, Aluminium structure production, Real estate development, and other activity. Geographically, the company operates in Lithuania, Russia, Scandinavian countries, and other countries, out of which Lithuania accounts for the majority of the revenue.

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