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. Inter Parfums's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $116 Mil. Inter Parfums's Average Total Inventories for the quarter that ended in Dec. 2023 was $368 Mil.
Inter Parfums's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.32.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Inter Parfums's Days Inventory for the
three
months ended in Dec. 2023 was 289.46.
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.
Inter Parfums's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.12.
Inter Parfums Inventory Turnover Historical Data
The historical data trend for Inter Parfums'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.
* 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.
Inter Parfums (NAS:IPAR) 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.
Inter Parfums's Days Inventory for the
three
months ended in Dec. 2023 is calculated as:
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.
Inter Parfums's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as
* 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.
Inter Parfums Inventory Turnover Related Terms
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Inter Parfums (Inter Parfums) Business Description
Inter Parfums Inc operates in the fragrance business and manufactures, markets, and distributes fragrances and fragrance related products. It sells its product under the brand names called JIMMY CHOO, bebe, Paul Smith, Abercrombie and Fitch, COACH, and others. The company operates in two operating segments namely European based operations, and United-States operations. The company sells its products to department stores, perfumeries, specialty stores, and domestic and international wholesalers and distributors.
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