Polska Grupa Energetyczna (WAR:PGE) Inventory Turnover : 4.38 (As of Mar. 2024)

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What is Polska Grupa Energetyczna 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. Polska Grupa Energetyczna's Cost of Goods Sold for the three months ended in Mar. 2024 was zł15,195 Mil. Polska Grupa Energetyczna's Average Total Inventories for the quarter that ended in Mar. 2024 was zł3,466 Mil. Polska Grupa Energetyczna's Inventory Turnover for the quarter that ended in Mar. 2024 was 4.38.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Polska Grupa Energetyczna's Days Inventory for the three months ended in Mar. 2024 was 20.81.

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. Polska Grupa Energetyczna's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.21.

Polska Grupa Energetyczna Inventory Turnover Historical Data

The historical data trend for Polska Grupa Energetyczna'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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Polska Grupa Energetyczna Inventory Turnover Chart

Polska Grupa Energetyczna Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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11.14

10.90

18.51

19.05

20.15

Polska Grupa Energetyczna 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															4.03	3.38	3.74	7.13	4.38

Polska Grupa Energetyczna Inventory Turnover Calculation

Polska Grupa Energetyczna'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 )
=	87561	/ (	(4918	+	3773)	/	2 )
=	87561	/	4345.5
=	20.15

Polska Grupa Energetyczna'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 )
=	15195	/ (	(3773	+	3159)	/	2 )
=	15195	/	3466
=	4.38

Polska Grupa Energetyczna (WAR:PGE) 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.

Polska Grupa Energetyczna'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
	=	3466	/	15195	*	365 / 4
	=	20.81

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.

Polska Grupa Energetyczna'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 )
	=	3466	/	16841
	=	0.21

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.

Polska Grupa Energetyczna Inventory Turnover Related Terms

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Polska Grupa Energetyczna (WAR:PGE) Business Description

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GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Polska Grupa Energetyczna SA (WAR:PGE) » Definitions » Inventory Turnover

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0MN3:UK 6PG:Germany

Address

Aleja Krasnicka 27, Warsaw, POL, 20-718

Website

http://www.gkpge.pl

Polska Grupa Energetyczna SA is a Polish electric utility company of which the Polish State Treasury is the majority shareholder. The vast majority of Polska Grupa's revenue comes, collectively, from its conventional generation business, which mines coal and controls power plant operations; its distribution business, which distributes electricity throughout Poland; and its supply business, which purchases and sells electricity and heat. Polska Grupa controls a portfolio of lignite, coal, gas, biomass, hydro, and wind power plants. most of the company's power production is derived from its lignite-fired and coal-fired facilities. Almost all of Polska Grupa's revenue comes from the Polish market, and it is one of the largest energy producers in the country.

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