Aeris Industria E Comercio de Equipamentos para Geracao de Energia (BSP:AERI3) Inventory Turnover : 0.58 (As of Mar. 2024)

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What is Aeris Industria E Comercio de Equipamentos para Geracao de Energia 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. Aeris Industria E Comercio de Equipamentos para Geracao de Energia's Cost of Goods Sold for the three months ended in Mar. 2024 was R$470 Mil. Aeris Industria E Comercio de Equipamentos para Geracao de Energia's Average Total Inventories for the quarter that ended in Mar. 2024 was R$812 Mil. Aeris Industria E Comercio de Equipamentos para Geracao de Energia's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.58.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Aeris Industria E Comercio de Equipamentos para Geracao de Energia's Days Inventory for the three months ended in Mar. 2024 was 157.64.

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. Aeris Industria E Comercio de Equipamentos para Geracao de Energia's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.58.

Aeris Industria E Comercio de Equipamentos para Geracao de Energia Inventory Turnover Historical Data

The historical data trend for Aeris Industria E Comercio de Equipamentos para Geracao de Energia'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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Aeris Industria E Comercio de Equipamentos para Geracao de Energia Inventory Turnover Chart

Aeris Industria E Comercio de Equipamentos para Geracao de Energia Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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6.61

5.19

3.10

3.25

2.91

Aeris Industria E Comercio de Equipamentos para Geracao de Energia Quarterly Data
	Mar19	Jun19	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	0.24	0.84	0.20	0.58

Aeris Industria E Comercio de Equipamentos para Geracao de Energia Inventory Turnover Calculation

Aeris Industria E Comercio de Equipamentos para Geracao de Energia'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 )
=	2442.913	/ (	(828.193	+	848.583)	/	2 )
=	2442.913	/	838.388
=	2.91

Aeris Industria E Comercio de Equipamentos para Geracao de Energia'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 )
=	470.269	/ (	(848.583	+	776.272)	/	2 )
=	470.269	/	812.4275
=	0.58

Aeris Industria E Comercio de Equipamentos para Geracao de Energia (BSP:AERI3) 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.

Aeris Industria E Comercio de Equipamentos para Geracao de Energia'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
	=	812.4275	/	470.269	*	365 / 4
	=	157.64

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.

Aeris Industria E Comercio de Equipamentos para Geracao de Energia'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 )
	=	812.4275	/	515.445
	=	1.58

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.

Aeris Industria E Comercio de Equipamentos para Geracao de Energia Inventory Turnover Related Terms

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Aeris Industria E Comercio de Equipamentos para Geracao de Energia (BSP:AERI3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Aeris Industria E Comercio de Equipamentos para Geracao de Energia SA (BSP:AERI3) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

Rod. CE-155, km 02, Pecém Industrial and Port Complex, Caucaia, CE, BRA, 61680-000

Website

https://www.aerisenergy.com.br

Aeris Industria E Comercio de Equipamentos para Geracao de Energia SA operates in the renewable energy sector. The company is engaged in the manufacture of wind blades. Also, the company provides inspection, maintenance, and other after-sales services. The factory is located in the Northeast region of Brazil, near the city of Fortaleza, Ceara.

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