Teixeira Duarte (STU:TXC2) Inventory Turnover : 0.41 (As of Dec. 2023)

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What is Teixeira Duarte 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. Teixeira Duarte's Cost of Goods Sold for the six months ended in Dec. 2023 was €115.0 Mil. Teixeira Duarte's Average Total Inventories for the quarter that ended in Dec. 2023 was €277.2 Mil. Teixeira Duarte's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.41.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Teixeira Duarte's Days Inventory for the six months ended in Dec. 2023 was 439.89.

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. Teixeira Duarte's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.71.

Teixeira Duarte Inventory Turnover Historical Data

The historical data trend for Teixeira Duarte'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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Teixeira Duarte Inventory Turnover Chart

Teixeira Duarte Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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1.12

1.00

0.90

1.11

0.79

Teixeira Duarte 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															0.53	0.50	0.59	0.38	0.41

Teixeira Duarte Inventory Turnover Calculation

Teixeira Duarte'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 )
=	211.799	/ (	(247.779	+	291.43)	/	2 )
=	211.799	/	269.6045
=	0.79

Teixeira Duarte'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 )
=	114.983	/ (	(262.875	+	291.43)	/	2 )
=	114.983	/	277.1525
=	0.41

Teixeira Duarte (STU:TXC2) 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.

Teixeira Duarte'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
	=	277.1525	/	114.983	*	365 / 2
	=	439.89

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.

Teixeira Duarte'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 )
	=	277.1525	/	392.474
	=	0.71

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.

Teixeira Duarte Inventory Turnover Related Terms

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Teixeira Duarte (STU:TXC2) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Teixeira Duarte SA (STU:TXC2) » Definitions » Inventory Turnover

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TDSA:Portugal

Address

Lagoas Park, Edificio 2, Porto Salvo, Oeiras, PRT, 2740-265

Website

https://www.teixeiraduarte.pt

Teixeira Duarte SA is engaged in the business of the undertaking and management of investments, the coordination and supervision of other companies included in or related to its corporate group, operating in areas of strategic and organizational planning as well as the provision of administrative, and management, consulting, operational assistance in terms of human resources, technical and financial services in which the company has the stake. The firm has in construction, concessions and services, real estate, hospitality, distribution and automotive business sectors. The company operates in Portugal, Angola, Algeria, Brazil, Spain, France, Morocco, Mozambique, and Venezuela.

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