InRetail Peru (LIM:INRETC1) Inventory Turnover : 1.52 (As of Mar. 2024)

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What is InRetail Peru 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. InRetail Peru's Cost of Goods Sold for the three months ended in Mar. 2024 was $1,013 Mil. InRetail Peru's Average Total Inventories for the quarter that ended in Mar. 2024 was $667 Mil. InRetail Peru's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.52.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. InRetail Peru's Days Inventory for the three months ended in Mar. 2024 was 60.06.

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. InRetail Peru's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.48.

InRetail Peru Inventory Turnover Historical Data

The historical data trend for InRetail Peru'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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InRetail Peru Inventory Turnover Chart

InRetail Peru Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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5.11

5.13

5.41

5.46

5.83

InRetail Peru 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															1.41	1.44	1.40	1.52	1.52

InRetail Peru Inventory Turnover Calculation

InRetail Peru'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 )
=	4016.982	/ (	(698.667	+	678.921)	/	2 )
=	4016.982	/	688.794
=	5.83

InRetail Peru'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 )
=	1013.052	/ (	(678.921	+	654.676)	/	2 )
=	1013.052	/	666.7985
=	1.52

InRetail Peru (LIM:INRETC1) 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.

InRetail Peru'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
	=	666.7985	/	1013.052	*	365 / 4
	=	60.06

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.

InRetail Peru'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 )
	=	666.7985	/	1403.322
	=	0.48

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.

InRetail Peru Inventory Turnover Related Terms

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InRetail Peru (LIM:INRETC1) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » InRetail Peru Corp (LIM:INRETC1) » Definitions » Inventory Turnover

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INREF:USA

Address

Calle Morelli 181, San Borja, Lima, PER

Website

https://www.inretail.pe

InRetail Peru Corp is a Peru-based company engaged in the development of retail businesses. The company's reportable segments include Food Retail; Pharmacies; Distribution; Shopping Malls, and Digital. It generates the majority of its revenue from the Food Retail segment. Geographically, it derives a majority of its revenue from Peru and also has a presence in Ecuador and Other countries. The company brands include Plaza Vea, Plaza Vea Super, Plaza Vea Express, Vivanda, Mass, and Makro brands.

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