Treasury Wine Estates (Treasury Wine Estates) Inventory Turnover : 0.75 (As of Dec. 2023)

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What is Treasury Wine Estates 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. Treasury Wine Estates's Cost of Goods Sold for the six months ended in Dec. 2023 was $516 Mil. Treasury Wine Estates's Average Total Inventories for the quarter that ended in Dec. 2023 was $687 Mil. Treasury Wine Estates's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.75.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Treasury Wine Estates's Days Inventory for the six months ended in Dec. 2023 was 242.91.

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. Treasury Wine Estates's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.80.

Treasury Wine Estates Inventory Turnover Historical Data

The historical data trend for Treasury Wine Estates'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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Treasury Wine Estates Inventory Turnover Chart

Treasury Wine Estates Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Inventory Turnover

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1.57

1.55

1.89

1.60

1.43

Treasury Wine Estates Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															0.86	0.75	0.72	0.69	0.75

Treasury Wine Estates Inventory Turnover Calculation

Treasury Wine Estates's Inventory Turnover for the fiscal year that ended in Jun. 2023 is calculated as

	Inventory Turnover (A: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2023 )	/ (	(Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )
=	948.791	/ (	(666.128	+	664.631)	/	2 )
=	948.791	/	665.3795
=	1.43

Treasury Wine Estates'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: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	516.132	/ (	(664.631	+	709.304)	/	2 )
=	516.132	/	686.9675
=	0.75

Treasury Wine Estates (OTCPK:TSRYY) 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.

Treasury Wine Estates's Days Inventory for the six 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
	=	686.9675	/	516.132	*	365 / 2
	=	242.91

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.

Treasury Wine Estates'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 )
	=	686.9675	/	859.639
	=	0.80

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.

Treasury Wine Estates Inventory Turnover Related Terms

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Treasury Wine Estates (Treasury Wine Estates) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Treasury Wine Estates Ltd (OTCPK:TSRYY) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

TSRYF:USA T7W:Germany TWE:Australia

Address

161 Collins Street, Level 8, Melbourne, VIC, AUS, 3000

Website

https://www.tweglobal.com

Treasury Wine Estates is an Australia-based global wine company that demerged from Foster's Group in 2011. The company is among the world's top five wine producers, and owns a portfolio that includes Australian labels such as Penfolds and Wolf Blass, U.S. wines like Chateau St Jean and Sterling, and newly launched names such as 19 Crimes and Maison de Grand Esprit. An acquisition of Diageo's wine business in 2016 added additional U.S. brands including BV and Stags' Leap. Treasury owns over 130 wineries, with more than 13,000 planted hectares.

Treasury Wine Estates (Treasury Wine Estates) Headlines

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