Woolworths Holdings (Woolworths Holdings) Inventory Turnover : 3.25 (As of Dec. 2023)

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What is Woolworths Holdings 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. Woolworths Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was $1,276 Mil. Woolworths Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was $393 Mil. Woolworths Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.25.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Woolworths Holdings's Days Inventory for the six months ended in Dec. 2023 was 56.16.

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. Woolworths Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.19.

Woolworths Holdings Inventory Turnover Historical Data

The historical data trend for Woolworths Holdings'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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Woolworths Holdings Inventory Turnover Chart

Woolworths Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Inventory Turnover

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5.44

5.26

6.62

4.59

5.22

Woolworths Holdings 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															2.15	2.37	2.66	3.04	3.25

Woolworths Holdings Inventory Turnover Calculation

Woolworths Holdings'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 )
=	2424.139	/ (	(550.701	+	377.278)	/	2 )
=	2424.139	/	463.9895
=	5.22

Woolworths Holdings'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 )
=	1275.976	/ (	(377.278	+	408.044)	/	2 )
=	1275.976	/	392.661
=	3.25

Woolworths Holdings (OTCPK:WLWHY) 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.

Woolworths Holdings'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
	=	392.661	/	1275.976	*	365 / 2
	=	56.16

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.

Woolworths Holdings'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 )
	=	392.661	/	2014.512
	=	0.19

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.

Woolworths Holdings Inventory Turnover Related Terms

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Woolworths Holdings (Woolworths Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Woolworths Holdings Ltd (OTCPK:WLWHY) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

WHL:South Africa WN3:Germany

Address

93 Longmarket Street, Woolworths House, Cape Town, WC, ZAF, 8001

Website

https://www.woolworthsholdings.co.za

Woolworths Holdings Ltd is a South Africa-based retail group. Forty percent of revenue (including concession sales) is generated in Australasia. The group has three main operating divisions: Woolworths South Africa, based in South Africa and operating across 11 countries in sub-Saharan Africa, and David Jones and Country Road Group, both based in Australia. Woolworths Financial Services is a joint venture between Woolworths and Barclays Africa Group; Barclays is supervising the credit policy, risk, and funding aspects, while Woolworths is leading the customer integration.

Woolworths Holdings (Woolworths Holdings) Headlines

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