CGE Transmision (XSGO:CGET) Inventory Turnover : 1.97 (As of Dec. 2023)

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What is CGE Transmision 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. CGE Transmision's Cost of Goods Sold for the three months ended in Dec. 2023 was CLP21,449 Mil. CGE Transmision's Average Total Inventories for the quarter that ended in Dec. 2023 was CLP10,892 Mil. CGE Transmision's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.97.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. CGE Transmision's Days Inventory for the three months ended in Dec. 2023 was 46.34.

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. CGE Transmision's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.18.

CGE Transmision Inventory Turnover Historical Data

The historical data trend for CGE Transmision'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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CGE Transmision Inventory Turnover Chart

CGE Transmision Annual Data

Trend

Dec21

Dec22

Dec23

Inventory Turnover

8.88

9.54

CGE Transmision Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial				2.79	3.05	3.44	2.88	1.97

CGE Transmision Inventory Turnover Calculation

CGE Transmision'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 )
=	94241.849	/ (	(7429.622	+	12330.666)	/	2 )
=	94241.849	/	9880.144
=	9.54

CGE Transmision'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 )
=	21449.252	/ (	(9454.305	+	12330.666)	/	2 )
=	21449.252	/	10892.4855
=	1.97

CGE Transmision (XSGO:CGET) 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.

CGE Transmision'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
	=	10892.4855	/	21449.252	*	365 / 4
	=	46.34

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.

CGE Transmision'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 )
	=	10892.4855	/	60246.154
	=	0.18

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.

CGE Transmision Inventory Turnover Related Terms

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CGE Transmision (XSGO:CGET) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » CGE Transmision SA (XSGO:CGET) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

Av. Presidente Riesco 5561, 17th floor, Las Condes, Santiago, CHL

Website

https://www.cgetransmision.cl

CGE Transmision SA engages in electricity transmission. It operates in the electric power transmission sector, mainly in the zonal transmission and dedicated transmission segments. The transmission system is divided into five large segments: National Transmission; Zonal Transmission; Dedicated Transmission; Transmission for development poles; and International Interconnection System.

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