Libertine Holdings (LSE:LIB) Inventory Turnover : 0.03 (As of Sep. 2023)

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What is Libertine 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. Libertine Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was £0.02 Mil. Libertine Holdings's Average Total Inventories for the quarter that ended in Sep. 2023 was £0.64 Mil. Libertine Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.03.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Libertine Holdings's Days Inventory for the six months ended in Sep. 2023 was 6,838.38.

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. Libertine Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 5.26.

Libertine Holdings Inventory Turnover Historical Data

The historical data trend for Libertine 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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Libertine Holdings Inventory Turnover Chart

Libertine Holdings Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

6.21

4.07

Libertine Holdings Semi-Annual Data
	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Inventory Turnover	Get a 7-Day Free Trial				-	5.64	3.26	1.66	0.03

Libertine Holdings Inventory Turnover Calculation

Libertine Holdings's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Inventory Turnover (A: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2023 )	/ (	(Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )
=	1.271	/ (	(0.107	+	0.518)	/	2 )
=	1.271	/	0.3125
=	4.07

Libertine Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

	Inventory Turnover (Q: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2023 )	/ (	(Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	0.017	/ (	(0.518	+	0.756)	/	2 )
=	0.017	/	0.637
=	0.03

Libertine Holdings (LSE:LIB) 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.

Libertine Holdings's Days Inventory for the six months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	0.637	/	0.017	*	365 / 2
	=	6,838.38

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.

Libertine Holdings's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	0.637	/	0.121
	=	5.26

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.

Libertine Holdings Inventory Turnover Related Terms

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Libertine Holdings (LSE:LIB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Libertine Holdings PLC (LSE:LIB) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit 1 Coborn Avenue, Tinsley, Sheffield, GBR, S9 1DA

Website

https://www.libertine.co.uk

Libertine Holdings PLC has developed a technology solution for powertrain OEMs, enabling efficient and clean power generation from renewable fuels. Its linear electrical machines, controls, and tools together form a development platform that the group provides to OEM customers for its product development programs. It provides engineering services and prototype hardware to support OEM customer evaluation of its technology, and incorporation of this technology into customer-led Linear Generator development programs. The company's main country of operation is the United Kingdom.

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