Safestyle UK (LSE:SFE) Inventory Turnover : 13.63 (As of Jun. 2023)

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What is Safestyle UK 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. Safestyle UK's Cost of Goods Sold for the six months ended in Jun. 2023 was £57.9 Mil. Safestyle UK's Average Total Inventories for the quarter that ended in Jun. 2023 was £4.2 Mil. Safestyle UK's Inventory Turnover for the quarter that ended in Jun. 2023 was 13.63.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Safestyle UK's Days Inventory for the six months ended in Jun. 2023 was 13.39.

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. Safestyle UK's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.06.

Safestyle UK Inventory Turnover Historical Data

The historical data trend for Safestyle UK'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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Safestyle UK Inventory Turnover Chart

Safestyle UK Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

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40.71

36.70

23.31

20.22

25.21

Safestyle UK Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Inventory Turnover	Get a 7-Day Free Trial															10.60	9.93	10.95	12.25	13.63

Safestyle UK Inventory Turnover Calculation

Safestyle UK's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	116.441	/ (	(5.298	+	3.939)	/	2 )
=	116.441	/	4.6185
=	25.21

Safestyle UK's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

	Inventory Turnover (Q: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2023 )	/ (	(Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )
=	57.868	/ (	(3.939	+	4.552)	/	2 )
=	57.868	/	4.2455
=	13.63

Safestyle UK (LSE:SFE) 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.

Safestyle UK's Days Inventory for the six months ended in Jun. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2023 )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
	=	4.2455	/	57.868	*	365 / 2
	=	13.39

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.

Safestyle UK's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	4.2455	/	74.115
	=	0.06

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.

Safestyle UK Inventory Turnover Related Terms

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Safestyle UK (LSE:SFE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Safestyle UK PLC (LSE:SFE) » Definitions » Inventory Turnover

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Address

47 Esplanade, St Helier, JEY, JE1 0BD

Website

https://www.safestyleukplc.co.uk

Safestyle UK PLC is a UK based retailer and manufacturer of PVCu windows and doors to the homeowner replacement market. The company manufactures and installs domestic, double-glazed replacement windows and doors under its EcoDiamond brand. EcoDiamond offers a diverse range of design and material types in its doors and windows. Thermal efficiency and safety form the pivotal features around which Safestyle positions its products.

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