CNTEE Transelectrica (BSE:TEL) Inventory Turnover : 30.23 (As of Dec. 2023)

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What is CNTEE Transelectrica 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. CNTEE Transelectrica's Cost of Goods Sold for the six months ended in Dec. 2023 was lei1,902 Mil. CNTEE Transelectrica's Average Total Inventories for the quarter that ended in Dec. 2023 was lei63 Mil. CNTEE Transelectrica's Inventory Turnover for the quarter that ended in Dec. 2023 was 30.23.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. CNTEE Transelectrica's Days Inventory for the six months ended in Dec. 2023 was 6.04.

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. CNTEE Transelectrica's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.03.

CNTEE Transelectrica Inventory Turnover Historical Data

The historical data trend for CNTEE Transelectrica'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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CNTEE Transelectrica Inventory Turnover Chart

CNTEE Transelectrica Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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32.98

31.00

64.10

97.10

60.59

CNTEE Transelectrica Semi-Annual Data
	Dec13	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															43.88	45.46	52.40	27.08	30.23

CNTEE Transelectrica Inventory Turnover Calculation

CNTEE Transelectrica'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 )
=	3485.209	/ (	(53.068	+	61.975)	/	2 )
=	3485.209	/	57.5215
=	60.59

CNTEE Transelectrica'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: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	1902.201	/ (	(63.862	+	61.975)	/	2 )
=	1902.201	/	62.9185
=	30.23

CNTEE Transelectrica (BSE:TEL) 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.

CNTEE Transelectrica's Days Inventory for the six 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
	=	62.9185	/	1902.201	*	365 / 2
	=	6.04

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.

CNTEE Transelectrica'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 )
	=	62.9185	/	2429.137
	=	0.03

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.

CNTEE Transelectrica Inventory Turnover Related Terms

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CNTEE Transelectrica (BSE:TEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » CNTEE Transelectrica (BSE:TEL) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

2-4, Olteni Street, Bucharest, ROU, 030786

Website

https://www.transelectrica.ro

CNTEE Transelectrica is a utility service provider in Romania. Its main business involves electricity transmission and dispatching, distribution, and hydro and thermal generation. It is the commercial operator of the electricity market, which involves trading platforms. It is also a metering operator of the wholesale electricity market and a provider of telecommunication and IT-related services.