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Soaltee Hotel (XNEP:SHL) Inventory Turnover : 1.96 (As of Dec. 2023)


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What is Soaltee Hotel 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. Soaltee Hotel's Cost of Goods Sold for the three months ended in Dec. 2023 was NPR270 Mil. Soaltee Hotel's Average Total Inventories for the quarter that ended in Dec. 2023 was NPR130 Mil. Soaltee Hotel's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.96.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Soaltee Hotel's Days Inventory for the three months ended in Dec. 2023 was 43.97.

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. Soaltee Hotel's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.20.


Soaltee Hotel Inventory Turnover Historical Data

The historical data trend for Soaltee Hotel'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.

* Premium members only.

Soaltee Hotel Inventory Turnover Chart

Soaltee Hotel Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only 9.17 7.82 4.51 7.06 8.23

Soaltee Hotel Quarterly Data
Jul17 Dec17 Mar18 Jul18 Dec18 Mar19 Jul19 Dec19 Mar20 Jul20 Dec20 Mar21 Jul21 Dec21 Mar22 Jul22 Dec22 Mar23 Jul23 Dec23
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 2.08 2.19 - 1.96

Soaltee Hotel Inventory Turnover Calculation

Soaltee Hotel's Inventory Turnover for the fiscal year that ended in Jul. 2023 is calculated as

Inventory Turnover (A: Jul. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jul. 2023 ) / ((Total Inventories (A: Jul. 2022 ) + Total Inventories (A: Jul. 2023 )) / count )
=852.542 / ((84.944 + 122.204) / 2 )
=852.542 / 103.574
=8.23

Soaltee Hotel'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: Jul. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count )
=270.027 / ((122.204 + 138.017) / 2 )
=270.027 / 130.1105
=2.08

* 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.


Soaltee Hotel  (XNEP:SHL) 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.

Soaltee Hotel's Days Inventory for the three 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
=130.1105/270.027*365 / 4
=43.97

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.

Soaltee Hotel'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 )
=130.1105 / 651.123
=0.20

* 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.


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.


Soaltee Hotel Inventory Turnover Related Terms

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Soaltee Hotel (XNEP:SHL) Business Description

Traded in Other Exchanges
N/A
Address
Tahachal, Post Box 3800, Kathmandu, NPL
Soaltee Hotel Ltd is a five-star hotel in Nepal. It is engaged in the tourism industry with its contribution of luxurious properties and hospitality across the region. The company operates hotels, a building block, a separate flight kitchen unit building, and seven presidential-regal suites for VVIPs. Its operating segment includes Core Hotel Business, Horizon Lounge, and Flight Catering, and the majority of its revenue is generated from the Hotel business.

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