Aguas Andinas (XSGO:AGUAS-A) Inventory Turnover : 2.92 (As of Mar. 2024)

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What is Aguas Andinas 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. Aguas Andinas's Cost of Goods Sold for the three months ended in Mar. 2024 was CLP37,286 Mil. Aguas Andinas's Average Total Inventories for the quarter that ended in Mar. 2024 was CLP12,779 Mil. Aguas Andinas's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.92.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Aguas Andinas's Days Inventory for the three months ended in Mar. 2024 was 31.27.

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. Aguas Andinas's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.07.

Aguas Andinas Inventory Turnover Historical Data

The historical data trend for Aguas Andinas'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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Aguas Andinas Inventory Turnover Chart

Aguas Andinas Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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23.38

24.74

24.84

14.36

10.64

Aguas Andinas Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															2.83	2.79	2.47	2.45	2.92

Aguas Andinas Inventory Turnover Calculation

Aguas Andinas'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 )
=	136234.358	/ (	(12790.532	+	12812.483)	/	2 )
=	136234.358	/	12801.5075
=	10.64

Aguas Andinas'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: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	37286.166	/ (	(12812.483	+	12744.522)	/	2 )
=	37286.166	/	12778.5025
=	2.92

Aguas Andinas (XSGO:AGUAS-A) 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.

Aguas Andinas'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
	=	12778.5025	/	37286.166	*	365 / 4
	=	31.27

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.

Aguas Andinas'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 )
	=	12778.5025	/	189140.192
	=	0.07

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.

Aguas Andinas Inventory Turnover Related Terms

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Aguas Andinas (XSGO:AGUAS-A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Aguas Andinas SA (XSGO:AGUAS-A) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenida Presidente Balmaceda No. 1398, 14th Floor, Santiago, CHL

Website

https://www.aguasandinasinversionistas.cl

Aguas Andinas SA delivers water-treatment solutions and other sanitation services under concession arrangements from the Chilean government. The company collects, cleans, and distributes water to residential, commercial, and industrial clients. Also, the company treats and disposes sewage and remnants from the process. Wastewater is decontaminated and used for irrigation systems. Aguas Andinas has two operating segments: water (a majority of total revenue) and nonwater. The company gathers water flowing from the Andes and has plants to transform it into a usable form. It uses tanks and an extensive underground network to distribute water to customers.

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