Iberpapel Gestion (XMAD:IBG) Inventory Turnover : 1.03 (As of Mar. 2024)

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What is Iberpapel Gestion 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. Iberpapel Gestion's Cost of Goods Sold for the three months ended in Mar. 2024 was €29.9 Mil. Iberpapel Gestion's Average Total Inventories for the quarter that ended in Mar. 2024 was €29.0 Mil. Iberpapel Gestion's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.03.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Iberpapel Gestion's Days Inventory for the three months ended in Mar. 2024 was 88.56.

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. Iberpapel Gestion's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.47.

Iberpapel Gestion Inventory Turnover Historical Data

The historical data trend for Iberpapel Gestion'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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Iberpapel Gestion Inventory Turnover Chart

Iberpapel Gestion Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

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4.73

3.44

2.18

3.60

3.07

Iberpapel Gestion 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															0.50	0.91	0.79	0.74	1.03

Iberpapel Gestion Inventory Turnover Calculation

Iberpapel Gestion'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 )
=	85.408	/ (	(20.152	+	35.41)	/	2 )
=	85.408	/	27.781
=	3.07

Iberpapel Gestion'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 )
=	29.858	/ (	(32.33	+	25.623)	/	2 )
=	29.858	/	28.9765
=	1.03

Iberpapel Gestion (XMAD:IBG) 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.

Iberpapel Gestion'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
	=	28.9765	/	29.858	*	365 / 4
	=	88.56

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.

Iberpapel Gestion'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 )
	=	28.9765	/	62.113
	=	0.47

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.

Iberpapel Gestion Inventory Turnover Related Terms

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Iberpapel Gestion (XMAD:IBG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Iberpapel Gestion SA (XMAD:IBG) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

IBG:Germany

Address

Avda. Sancho El Sabio, 2 - 1, San Sebastian, ESP, 20010

Website

http://www.iberpapel.es

Iberpapel Gestion SA manufactures printing and writing a paper in Spain. The company operates in Forestry Division, Industrial Division, and Commercial Division. The Forestry Division produces cellulose pulp from Eucalyptus trees. The Industrial Division processes the raw materials into finished goods at its Papelera Guipuzcoana de Zicunaga plant which consists of a cellulose plant and a paper mill, and energy section. The Commercial Division markets the products produced at its manufacturing plant. It earns revenue from the sale of printing and writing paper.

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