Esfahans Mobarakeh Steel Co (XTEH:FOLD1) Inventory Turnover : 1.78 (As of Mar. 2015)

View and export this data going back to 2006. Start your Free Trial

What is Esfahans Mobarakeh Steel Co 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. Esfahans Mobarakeh Steel Co's Cost of Goods Sold for the six months ended in Mar. 2015 was IRR87,435,474 Mil. Esfahans Mobarakeh Steel Co's Average Total Inventories for the quarter that ended in Mar. 2015 was IRR49,248,620 Mil. Esfahans Mobarakeh Steel Co's Inventory Turnover for the quarter that ended in Mar. 2015 was 1.78.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Esfahans Mobarakeh Steel Co's Days Inventory for the six months ended in Mar. 2015 was 102.79.

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. Esfahans Mobarakeh Steel Co's Inventory-to-Revenue for the quarter that ended in Mar. 2015 was 0.40.

Esfahans Mobarakeh Steel Co Inventory Turnover Historical Data

The historical data trend for Esfahans Mobarakeh Steel Co'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.

Esfahans Mobarakeh Steel Co Inventory Turnover Chart

Esfahans Mobarakeh Steel Co Annual Data

Trend

Mar11

Mar12

Mar13

Mar14

Mar15

Inventory Turnover

1.83

2.02

2.27

2.01

1.78

Esfahans Mobarakeh Steel Co Semi-Annual Data
	Mar11	Mar12	Mar13	Mar14	Mar15
Inventory Turnover	1.83	2.02	2.27	2.01	1.78

Esfahans Mobarakeh Steel Co Inventory Turnover Calculation

Esfahans Mobarakeh Steel Co's Inventory Turnover for the fiscal year that ended in Mar. 2015 is calculated as

	Inventory Turnover (A: Mar. 2015 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2015 )	/ (	(Total Inventories (A: Mar. 2014 )	+	Total Inventories (A: Mar. 2015 ))	/	count )
=	87435474	/ (	(42097779	+	56399460)	/	2 )
=	87435474	/	49248619.5
=	1.78

Esfahans Mobarakeh Steel Co's Inventory Turnover for the quarter that ended in Mar. 2015 is calculated as

	Inventory Turnover (Q: Mar. 2015 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2015 )	/ (	(Total Inventories (Q: Mar. 2014 )	+	Total Inventories (Q: Mar. 2015 ))	/	count )
=	87435474	/ (	(42097779	+	56399460)	/	2 )
=	87435474	/	49248619.5
=	1.78

Esfahans Mobarakeh Steel Co (XTEH:FOLD1) 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.

Esfahans Mobarakeh Steel Co's Days Inventory for the six months ended in Mar. 2015 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2015 )	/	Cost of Goods Sold (Q: Mar. 2015 )	*	Days in Period
	=	49248619.5	/	87435474	*	365 / 2
	=	102.79

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.

Esfahans Mobarakeh Steel Co's Inventory to Revenue for the quarter that ended in Mar. 2015 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2015 )	/	Revenue (Q: Mar. 2015 )
	=	49248619.5	/	122040518
	=	0.40

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.

Esfahans Mobarakeh Steel Co Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Esfahans Mobarakeh Steel Co's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Esfahans Mobarakeh Steel Co (XTEH:FOLD1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Esfahans Mobarakeh Steel Co (XTEH:FOLD1) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

Sa'adat Abad Street, P.O.BOX: 161-84815, Azadi Square, Esfahan, IRN, 11131-84881

Website

http://www.msc.ir

Esfahans Mobarakeh Steel Co is an Iran-based company engaged in producing steel in the Middle East and Northern Africa. Its products include hot rolled products, cold rolled products, coated products including galvanized, tinned and pre-painted products. The company's products are used in various industries, such as automotive, construction, household appliances, and packaging. It also exports its products to Belgium, France, Italy, Spain, Qatar, Saudi Arabia, the United Arab Emirates, Kuwait, Iraq, Oman, Jordan, Armenia, and Georgia.

Esfahans Mobarakeh Steel Co (XTEH:FOLD1) Headlines

No Headlines