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KinderCare Learning (KinderCare Learning) Inventory Turnover : 0.00 (As of Sep. 2021)


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What is KinderCare Learning 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. KinderCare Learning's Cost of Goods Sold for the three months ended in Sep. 2021 was $334.01 Mil. KinderCare Learning's Average Total Inventories for the quarter that ended in Sep. 2021 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. KinderCare Learning's Days Inventory for the three months ended in Sep. 2021 was 0.00.

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. KinderCare Learning's Inventory-to-Revenue for the quarter that ended in Sep. 2021 was 0.00.

KinderCare Learning Inventory Turnover Historical Data

The historical data trend for KinderCare Learning'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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KinderCare Learning Inventory Turnover Chart

KinderCare Learning Annual Data
Trend Dec18 Dec19 Dec20
Inventory Turnover
- - -

KinderCare Learning Quarterly Data
Dec18 Dec19 Sep20 Dec20 Jun21 Sep21
Inventory Turnover Get a 7-Day Free Trial - - - - -

KinderCare Learning Inventory Turnover Calculation

KinderCare Learning's Inventory Turnover for the fiscal year that ended in Dec. 2020 is calculated as

Inventory Turnover (A: Dec. 2020 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2020 ) / ((Total Inventories (A: Dec. 2019 ) + Total Inventories (A: Dec. 2020 )) / count )
=1152.063 / ((0 + 0) / 1 )
=1152.063 / 0
=N/A

KinderCare Learning's Inventory Turnover for the quarter that ended in Sep. 2021 is calculated as

Inventory Turnover (Q: Sep. 2021 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2021 ) / ((Total Inventories (Q: Jun. 2021 ) + Total Inventories (Q: Sep. 2021 )) / count )
=334.011 / ((0 + 0) / 1 )
=334.011 / 0
=N/A

* 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.

KinderCare Learning  (NYSE:KLC) 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.

KinderCare Learning's Days Inventory for the three months ended in Sep. 2021 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2021 )/Cost of Goods Sold (Q: Sep. 2021 )*Days in Period
=0/334.011*365 / 4
=0.00

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.

KinderCare Learning's Inventory to Revenue for the quarter that ended in Sep. 2021 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2021 ) / Revenue (Q: Sep. 2021 )
=0 / 475.121
=0.00

* 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.

KinderCare Learning Inventory Turnover Related Terms

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KinderCare Learning (KinderCare Learning) Business Description

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