Ibersol SGPS (XLIS:IBS) Inventory Turnover : 2.36 (As of Dec. 2023)

View and export this data going back to 1997. Start your Free Trial

What is Ibersol SGPS 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. Ibersol SGPS's Cost of Goods Sold for the three months ended in Dec. 2023 was €31.5 Mil. Ibersol SGPS's Average Total Inventories for the quarter that ended in Dec. 2023 was €13.4 Mil. Ibersol SGPS's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.36.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ibersol SGPS's Days Inventory for the three months ended in Dec. 2023 was 38.70.

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. Ibersol SGPS's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.12.

Ibersol SGPS Inventory Turnover Historical Data

The historical data trend for Ibersol SGPS'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.

* Premium members only.

Ibersol SGPS Inventory Turnover Chart

Ibersol SGPS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

19.85

13.24

7.22

11.72

15.14

Ibersol SGPS Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															2.16	3.93	4.44	4.70	2.36

Ibersol SGPS Inventory Turnover Calculation

Ibersol SGPS'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 )
=	198.903	/ (	(13.084	+	13.185)	/	2 )
=	198.903	/	13.1345
=	15.14

Ibersol SGPS'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: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	31.505	/ (	(13.537	+	13.185)	/	2 )
=	31.505	/	13.361
=	2.36

Ibersol SGPS (XLIS:IBS) 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.

Ibersol SGPS's Days Inventory for the three 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
	=	13.361	/	31.505	*	365 / 4
	=	38.70

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.

Ibersol SGPS'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 )
	=	13.361	/	108.105
	=	0.12

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.

Ibersol SGPS Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Ibersol SGPS's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Ibersol SGPS (XLIS:IBS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Ibersol SGPS SA (XLIS:IBS) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

L34:Germany

Address

Edificio Peninsula, Praca do Bom Sucesso, 105-159 - 9th floor, Porto, PRT, 4150-146

Website

https://www.ibersol.pt

Ibersol SGPS SA., through its subsidiaries, operates a network of restaurant units in Portugal, Spain, and Angola. It provides services in the business segments such as Restaurants which comprises the units with table service and home delivery restaurant offerings, Counters which comprises the units with over-the-counter sales, and Concessions & Catering which includes all the other businesses, namely the catering activity and the units located in concession areas. Ibersol functions restaurant units through various brands, including Pizza Hut, Pasta Caffe, Pans & Company, Taco Bell, and Eat out Group.

Ibersol SGPS (XLIS:IBS) Headlines

No Headlines