Grupo Empresarialn Jose (XMAD:GSJ) Inventory Turnover : 3.51 (As of Dec. 2023)

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What is Grupo Empresarialn Jose 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. Grupo Empresarialn Jose's Cost of Goods Sold for the three months ended in Dec. 2023 was €263 Mil. Grupo Empresarialn Jose's Average Total Inventories for the quarter that ended in Dec. 2023 was €75 Mil. Grupo Empresarialn Jose's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.51.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Grupo Empresarialn Jose's Days Inventory for the three months ended in Dec. 2023 was 25.98.

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. Grupo Empresarialn Jose's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.21.

Grupo Empresarialn Jose Inventory Turnover Historical Data

The historical data trend for Grupo Empresarialn Jose'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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Grupo Empresarialn Jose Inventory Turnover Chart

Grupo Empresarialn Jose Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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7.06

7.90

8.73

10.43

13.50

Grupo Empresarialn Jose 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															2.49	2.59	3.26	3.15	3.51

Grupo Empresarialn Jose Inventory Turnover Calculation

Grupo Empresarialn Jose'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 )
=	977.837	/ (	(75.777	+	69.097)	/	2 )
=	977.837	/	72.437
=	13.50

Grupo Empresarialn Jose'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 )
=	262.838	/ (	(80.545	+	69.097)	/	2 )
=	262.838	/	74.821
=	3.51

Grupo Empresarialn Jose (XMAD:GSJ) 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.

Grupo Empresarialn Jose'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
	=	74.821	/	262.838	*	365 / 4
	=	25.98

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.

Grupo Empresarialn Jose'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 )
	=	74.821	/	360.76
	=	0.21

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.

Grupo Empresarialn Jose Inventory Turnover Related Terms

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Grupo Empresarialn Jose (XMAD:GSJ) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Grupo Empresarial San Jose SA (XMAD:GSJ) » Definitions » Inventory Turnover

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0L91:UK

Address

Rosalia de Castro, 44, Pontevedra, ESP, 36001

Website

https://www.gruposanjose.biz

Grupo Empresarial San Jose SA is a holding company. It constructs hospitals, buildings and facilities, energy power plants, and infrastructure projects, as well as conserves parks and gardens; and undertakes civil, and engineering and industrial construction works. The company also researches and develops energy efficiency and renewable energy projects; and provides consultancy and project management services for real estate management, technology, and development projects.

Grupo Empresarialn Jose (XMAD:GSJ) Headlines

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