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Ashley (Laura) Holdings (LSE:ALY) Inventory Turnover : 1.53 (As of Dec. 2019)


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What is Ashley (Laura) 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. Ashley (Laura) Holdings's Cost of Goods Sold for the six months ended in Dec. 2019 was £68.7 Mil. Ashley (Laura) Holdings's Average Total Inventories for the quarter that ended in Dec. 2019 was £44.9 Mil. Ashley (Laura) Holdings's Inventory Turnover for the quarter that ended in Dec. 2019 was 1.53.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ashley (Laura) Holdings's Days Inventory for the six months ended in Dec. 2019 was 119.28.

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. Ashley (Laura) Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2019 was 0.41.


Ashley (Laura) Holdings Inventory Turnover Historical Data

The historical data trend for Ashley (Laura) 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.

* Premium members only.

Ashley (Laura) Holdings Inventory Turnover Chart

Ashley (Laura) Holdings Annual Data
Trend Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Jun17 Jun18 Jun19
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.40 3.38 3.09 2.81 2.94

Ashley (Laura) Holdings Semi-Annual Data
Jul09 Jan10 Jul10 Jan11 Jul11 Jan12 Jul12 Jan13 Jul13 Jan14 Jul14 Jan15 Jul15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.48 1.39 1.43 1.54 1.53

Ashley (Laura) Holdings Inventory Turnover Calculation

Ashley (Laura) Holdings's Inventory Turnover for the fiscal year that ended in Jun. 2019 is calculated as

Inventory Turnover (A: Jun. 2019 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jun. 2019 ) / ((Total Inventories (A: Jun. 2018 ) + Total Inventories (A: Jun. 2019 )) / count )
=150.4 / ((55.7 + 46.7) / 2 )
=150.4 / 51.2
=2.94

Ashley (Laura) Holdings's Inventory Turnover for the quarter that ended in Dec. 2019 is calculated as

Inventory Turnover (Q: Dec. 2019 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2019 ) / ((Total Inventories (Q: Jun. 2019 ) + Total Inventories (Q: Dec. 2019 )) / count )
=68.7 / ((46.7 + 43.1) / 2 )
=68.7 / 44.9
=1.53

* 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.


Ashley (Laura) Holdings  (LSE:ALY) 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.

Ashley (Laura) Holdings's Days Inventory for the six months ended in Dec. 2019 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2019 )/Cost of Goods Sold (Q: Dec. 2019 )*Days in Period
=44.9/68.7*365 / 2
=119.28

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.

Ashley (Laura) Holdings's Inventory to Revenue for the quarter that ended in Dec. 2019 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2019 ) / Revenue (Q: Dec. 2019 )
=44.9 / 109.6
=0.41

* 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.


Ashley (Laura) Holdings Inventory Turnover Related Terms

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Ashley (Laura) Holdings (LSE:ALY) Business Description

Traded in Other Exchanges
N/A
Address
27 Bagleys Lane, Fulham, London, GBR, SW6 2QA
Ashley (Laura) Holdings PLC is an international lifestyle brand, which specializes in retailing furniture, home accessories, decorating and fashion products. Its two operating segments are Retail and Non-Retail. Retail revenue reflects sales through its Stores; E-Commerce and Mail Order and Hotel. Its Non-retail revenue includes Licensing, Franchising, and Manufacturing. The company generates maximum revenue from the Retail segment which includes Stores. Geographically, it derives a majority of revenue from the UK, Ireland and France and also has a presence in Japan and the Rest of the World.

Ashley (Laura) Holdings (LSE:ALY) Headlines

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