Compania Pesquera Camanchaca (XSGO:CAMANCHACA) Inventory Turnover : 0.61 (As of Mar. 2024)

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What is Compania Pesquera Camanchaca 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. Compania Pesquera Camanchaca's Cost of Goods Sold for the three months ended in Mar. 2024 was CLP161,178 Mil. Compania Pesquera Camanchaca's Average Total Inventories for the quarter that ended in Mar. 2024 was CLP263,578 Mil. Compania Pesquera Camanchaca's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.61.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Compania Pesquera Camanchaca's Days Inventory for the three months ended in Mar. 2024 was 149.22.

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. Compania Pesquera Camanchaca's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.40.

Compania Pesquera Camanchaca Inventory Turnover Historical Data

The historical data trend for Compania Pesquera Camanchaca'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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Compania Pesquera Camanchaca Inventory Turnover Chart

Compania Pesquera Camanchaca Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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2.47

2.23

2.90

2.37

2.20

Compania Pesquera Camanchaca 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															0.52	0.50	0.55	0.53	0.61

Compania Pesquera Camanchaca Inventory Turnover Calculation

Compania Pesquera Camanchaca'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 )
=	561030.116	/ (	(236338.263	+	273632.284)	/	2 )
=	561030.116	/	254985.2735
=	2.20

Compania Pesquera Camanchaca'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 )
=	161177.993	/ (	(273632.284	+	253523.881)	/	2 )
=	161177.993	/	263578.0825
=	0.61

Compania Pesquera Camanchaca (XSGO:CAMANCHACA) 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.

Compania Pesquera Camanchaca'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
	=	263578.0825	/	161177.993	*	365 / 4
	=	149.22

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.

Compania Pesquera Camanchaca'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 )
	=	263578.0825	/	188008.111
	=	1.40

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.

Compania Pesquera Camanchaca Inventory Turnover Related Terms

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Compania Pesquera Camanchaca (XSGO:CAMANCHACA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Compania Pesquera Camanchaca SA (XSGO:CAMANCHACA) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

Av.El Golf 99, Piso 10, Las Condes, Santiago, CHL

Website

http://www.camanchaca.cl

Compania Pesquera Camanchaca SA is engaged in pelagic fishing, production of fish meal, fish oil & canned products. It also engages in salmon aquaculture & cultivation of mussels, oysters & abalone. Its activities includes research and capture, hunt, collect and harvest hydrobiological resources; conservation, freezing and application of preservation techniques for hydrobiological species; the production of products from of any hydrobiological species.

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