Aerodrom Nikola Tesla ad (XBEL:AERO) Inventory Turnover : 0.00 (As of Mar. 2024)

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What is Aerodrom Nikola Tesla ad 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. Aerodrom Nikola Tesla ad's Cost of Goods Sold for the three months ended in Mar. 2024 was RSD259 Mil. Aerodrom Nikola Tesla ad's Average Total Inventories for the quarter that ended in Mar. 2024 was RSD0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Aerodrom Nikola Tesla ad's Days Inventory for the three months ended in Mar. 2024 was 0.00.

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. Aerodrom Nikola Tesla ad's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

Aerodrom Nikola Tesla ad Inventory Turnover Historical Data

The historical data trend for Aerodrom Nikola Tesla ad'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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Aerodrom Nikola Tesla ad Inventory Turnover Chart

Aerodrom Nikola Tesla ad Annual Data

Trend

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Inventory Turnover

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Aerodrom Nikola Tesla ad 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															-	-	-	-	-

Aerodrom Nikola Tesla ad Inventory Turnover Calculation

Aerodrom Nikola Tesla ad'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 )
=	852.552	/ (	(0	+	0)	/	1 )
=	852.552	/	0
=	N/A

Aerodrom Nikola Tesla ad'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 )
=	258.626	/ (	(0	+	0)	/	1 )
=	258.626	/	0
=	N/A

Aerodrom Nikola Tesla ad (XBEL:AERO) 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.

Aerodrom Nikola Tesla ad'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	/	258.626	*	365 / 4
	=	0.00

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.

Aerodrom Nikola Tesla ad'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	/	4.435
	=	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.

Aerodrom Nikola Tesla ad Inventory Turnover Related Terms

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Aerodrom Nikola Tesla ad (XBEL:AERO) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Aerodrom Nikola Tesla ad (XBEL:AERO) » Definitions » Inventory Turnover

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Address

Belgrade Airport 47, surcin, Belgrade, SRB, 11271

Website

https://www.antb.rs

Aerodrom Nikola Tesla ad provides airport services such as aircraft landing, take-off, taxing and parking, and passenger and cargo handling. The group also provides ancillary services and airport complex services, satisfying the needs of service users, and domestic and foreign air carriers.