Himsnab Bulgaria AD (XBUL:CHSB) Inventory Turnover : 1.54 (As of Dec. 2017)

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What is Himsnab Bulgaria AD 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. Himsnab Bulgaria AD's Cost of Goods Sold for the three months ended in Dec. 2017 was лв3.60 Mil. Himsnab Bulgaria AD's Average Total Inventories for the quarter that ended in Dec. 2017 was лв2.33 Mil. Himsnab Bulgaria AD's Inventory Turnover for the quarter that ended in Dec. 2017 was 1.54.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Himsnab Bulgaria AD's Days Inventory for the three months ended in Dec. 2017 was 59.19.

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. Himsnab Bulgaria AD's Inventory-to-Revenue for the quarter that ended in Dec. 2017 was 0.38.

Himsnab Bulgaria AD Inventory Turnover Historical Data

The historical data trend for Himsnab Bulgaria AD'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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Himsnab Bulgaria AD Inventory Turnover Chart

Himsnab Bulgaria AD Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Inventory Turnover

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1.21

2.45

1.54

5.63

5.67

Himsnab Bulgaria AD Quarterly Data
	Dec10	Dec11	Dec12	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Sep17	Dec17
Inventory Turnover	Get a 7-Day Free Trial															2.17	1.10	1.10	-	1.54

Himsnab Bulgaria AD Inventory Turnover Calculation

Himsnab Bulgaria AD's Inventory Turnover for the fiscal year that ended in Dec. 2017 is calculated as

	Inventory Turnover (A: Dec. 2017 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2017 )	/ (	(Total Inventories (A: Dec. 2016 )	+	Total Inventories (A: Dec. 2017 ))	/	count )
=	11.472	/ (	(2.564	+	1.481)	/	2 )
=	11.472	/	2.0225
=	5.67

Himsnab Bulgaria AD's Inventory Turnover for the quarter that ended in Dec. 2017 is calculated as

	Inventory Turnover (Q: Dec. 2017 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2017 )	/ (	(Total Inventories (Q: Sep. 2017 )	+	Total Inventories (Q: Dec. 2017 ))	/	count )
=	3.596	/ (	(3.184	+	1.481)	/	2 )
=	3.596	/	2.3325
=	1.54

Himsnab Bulgaria AD (XBUL:CHSB) 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.

Himsnab Bulgaria AD's Days Inventory for the three months ended in Dec. 2017 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2017 )	/	Cost of Goods Sold (Q: Dec. 2017 )	*	Days in Period
	=	2.3325	/	3.596	*	365 / 4
	=	59.19

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.

Himsnab Bulgaria AD's Inventory to Revenue for the quarter that ended in Dec. 2017 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2017 )	/	Revenue (Q: Dec. 2017 )
	=	2.3325	/	6.121
	=	0.38

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.

Himsnab Bulgaria AD Inventory Turnover Related Terms

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Himsnab Bulgaria AD (XBUL:CHSB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Himsnab Bulgaria AD (XBUL:CHSB) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

1 Skladova Baza Street, Iliyantsi Quarter, Nadezhda District, Sofia, BGR, 1271

Website

http://www.chimsnab-bulgaria.com

Himsnab Bulgaria AD is engaged in letting of own assets for rent for commercial, warehouse and office space and production, commercial activity.

Himsnab Bulgaria AD (XBUL:CHSB) Headlines

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