Tegma Gestao Logistica (BSP:TGMA3) Inventory Turnover : 409.34 (As of Mar. 2024)

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What is Tegma Gestao Logistica 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. Tegma Gestao Logistica's Cost of Goods Sold for the three months ended in Mar. 2024 was R$316 Mil. Tegma Gestao Logistica's Average Total Inventories for the quarter that ended in Mar. 2024 was R$1 Mil. Tegma Gestao Logistica's Inventory Turnover for the quarter that ended in Mar. 2024 was 409.34.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tegma Gestao Logistica's Days Inventory for the three months ended in Mar. 2024 was 0.22.

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. Tegma Gestao Logistica's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

Tegma Gestao Logistica Inventory Turnover Historical Data

The historical data trend for Tegma Gestao Logistica'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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Tegma Gestao Logistica Inventory Turnover Chart

Tegma Gestao Logistica Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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8,552.22

10,342.68

1,229.41

971.91

1,402.11

Tegma Gestao Logistica 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															311.47	334.31	369.59	448.94	409.34

Tegma Gestao Logistica Inventory Turnover Calculation

Tegma Gestao Logistica'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 )
=	1271.713	/ (	(1.004	+	0.81)	/	2 )
=	1271.713	/	0.907
=	1,402.11

Tegma Gestao Logistica'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 )
=	315.602	/ (	(0.81	+	0.732)	/	2 )
=	315.602	/	0.771
=	409.34

Tegma Gestao Logistica (BSP:TGMA3) 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.

Tegma Gestao Logistica'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
	=	0.771	/	315.602	*	365 / 4
	=	0.22

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.

Tegma Gestao Logistica'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 )
	=	0.771	/	389.171
	=	0.00

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.

Tegma Gestao Logistica Inventory Turnover Related Terms

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Tegma Gestao Logistica (BSP:TGMA3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Tegma Gestao Logistica SA (BSP:TGMA3) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

Avenue Nicola Demarchi 2000, Bairro Demarchi, Sao Bernardo Do Campo, SP, BRA, 9820-655

Website

http://www.tegma.com.br

Tegma Gestao Logistica SA provides logistics, transportation, and warehouse services in Brazil. The company's operating segments include; Automotive logistics and Integrated logistics. The Automotive Logistics division engages in the transportation of vehicles, as well as management of yard; transfer and distribution of vehicle; storage of vehicles; and provision of pre delivery inspection, and center for automotive/multi-brand services. The Integrated Logistics division provides transportation, storage, inventory management, and similar services. It generates maximum revenue from the Automotive Logistics segment.

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