Globaltrans Investment (LSE:GLTR) Inventory Turnover : 26.34 (As of Dec. 2023)

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What is Globaltrans Investment 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. Globaltrans Investment's Cost of Goods Sold for the six months ended in Dec. 2023 was $314 Mil. Globaltrans Investment's Average Total Inventories for the quarter that ended in Dec. 2023 was $12 Mil. Globaltrans Investment's Inventory Turnover for the quarter that ended in Dec. 2023 was 26.34.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Globaltrans Investment's Days Inventory for the six months ended in Dec. 2023 was 6.93.

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. Globaltrans Investment's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.02.

Globaltrans Investment Inventory Turnover Historical Data

The historical data trend for Globaltrans Investment'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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Globaltrans Investment Inventory Turnover Chart

Globaltrans Investment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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46.53

34.07

70.77

79.21

49.91

Globaltrans Investment Semi-Annual Data
	Jun14	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															35.46	41.15	34.58	30.06	26.34

Globaltrans Investment Inventory Turnover Calculation

Globaltrans Investment'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 )
=	641.684	/ (	(13.049	+	12.664)	/	2 )
=	641.684	/	12.8565
=	49.91

Globaltrans Investment'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 )
=	314.04	/ (	(11.185	+	12.664)	/	2 )
=	314.04	/	11.9245
=	26.34

Globaltrans Investment (LSE:GLTR) 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.

Globaltrans Investment'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
	=	11.9245	/	314.04	*	365 / 2
	=	6.93

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.

Globaltrans Investment'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 )
	=	11.9245	/	584.905
	=	0.02

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.

Globaltrans Investment Inventory Turnover Related Terms

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Globaltrans Investment (LSE:GLTR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Globaltrans Investment PLC (LSE:GLTR) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nizhnyay? Krasnoselskaya Street 39, Building 1, Moscow, RUS

Website

https://www.globaltrans.com

Globaltrans Investment PLC is a Cyprus-based holding company. It is engaged in providing railway transportation services using own and leased rolling stock as well as the fleet engaged from third party rail operators, operating lease of rolling stock and freight forwarding (agency) services to the freight logistics sector in Russia, the CIS, and the Baltic countries. The company operates in segments including Gondola cars, Rail tank cars, and Other railcars. It generates maximum revenue from the Gondola cars segment. Geographically, it derives a majority of its revenue from Russia.

Globaltrans Investment (LSE:GLTR) Headlines

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