McColl's Retail Group (LSE:MCLS) Inventory Turnover : 5.74 (As of May. 2021)

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What is McColl's Retail Group 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. McColl's Retail Group's Cost of Goods Sold for the six months ended in May. 2021 was £438 Mil. McColl's Retail Group's Average Total Inventories for the quarter that ended in May. 2021 was £76 Mil. McColl's Retail Group's Inventory Turnover for the quarter that ended in May. 2021 was 5.74.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. McColl's Retail Group's Days Inventory for the six months ended in May. 2021 was 31.78.

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. McColl's Retail Group's Inventory-to-Revenue for the quarter that ended in May. 2021 was 0.13.

McColl's Retail Group Inventory Turnover Historical Data

The historical data trend for McColl's Retail Group'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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McColl's Retail Group Inventory Turnover Chart

McColl's Retail Group Annual Data

Trend

Nov11

Nov12

Nov13

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Inventory Turnover

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13.38

12.84

11.82

10.87

11.66

McColl's Retail Group Semi-Annual Data
	Nov11	Nov12	May13	Nov13	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21
Inventory Turnover	Get a 7-Day Free Trial														5.81	5.47	5.43	6.34	5.74

McColl's Retail Group Inventory Turnover Calculation

McColl's Retail Group's Inventory Turnover for the fiscal year that ended in Nov. 2020 is calculated as

	Inventory Turnover (A: Nov. 2020 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Nov. 2020 )	/ (	(Total Inventories (A: Nov. 2019 )	+	Total Inventories (A: Nov. 2020 ))	/	count )
=	957.2	/ (	(86.4	+	77.8)	/	2 )
=	957.2	/	82.1
=	11.66

McColl's Retail Group's Inventory Turnover for the quarter that ended in May. 2021 is calculated as

	Inventory Turnover (Q: May. 2021 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: May. 2021 )	/ (	(Total Inventories (Q: Nov. 2020 )	+	Total Inventories (Q: May. 2021 ))	/	count )
=	438.4	/ (	(77.8	+	74.9)	/	2 )
=	438.4	/	76.35
=	5.74

McColl's Retail Group (LSE:MCLS) 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.

McColl's Retail Group's Days Inventory for the six months ended in May. 2021 is calculated as:

Days Inventory	=	Average Total Inventories (Q: May. 2021 )	/	Cost of Goods Sold (Q: May. 2021 )	*	Days in Period
	=	76.35	/	438.4	*	365 / 2
	=	31.78

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.

McColl's Retail Group's Inventory to Revenue for the quarter that ended in May. 2021 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: May. 2021 )	/	Revenue (Q: May. 2021 )
	=	76.35	/	572.7
	=	0.13

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.

McColl's Retail Group Inventory Turnover Related Terms

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McColl's Retail Group (LSE:MCLS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » McColl's Retail Group PLC (LSE:MCLS) » Definitions » Inventory Turnover

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Address

One London Road, Ground Floor West, Brentwood, Essex, GBR, CM14 4QW

Website

https://www.mccolls.co.uk

McColl's Retail Group PLC is a retailer operator of convenience and newsagent stores. The company's products and services include everyday groceries, milk, baked beans, fruit pots, snacks, and ready meals, Lotto, Paypoint, and beers, wines, and spirits. The group operates more than 800 convenience stores and approximately 400 newsagent stores. It derives most of the revenue from convenience stores.

McColl's Retail Group (LSE:MCLS) Headlines

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