Ten Lifestyle Group (LSE:TENG) Inventory Turnover : 6.90 (As of Feb. 2024)

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What is Ten Lifestyle 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. Ten Lifestyle Group's Cost of Goods Sold for the six months ended in Feb. 2024 was £3.32 Mil. Ten Lifestyle Group's Average Total Inventories for the quarter that ended in Feb. 2024 was £0.48 Mil. Ten Lifestyle Group's Inventory Turnover for the quarter that ended in Feb. 2024 was 6.90.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ten Lifestyle Group's Days Inventory for the six months ended in Feb. 2024 was 26.44.

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. Ten Lifestyle Group's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 0.01.

Ten Lifestyle Group Inventory Turnover Historical Data

The historical data trend for Ten Lifestyle 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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Ten Lifestyle Group Inventory Turnover Chart

Ten Lifestyle Group Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Inventory Turnover

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63.54

48.74

14.52

30.25

18.08

Ten Lifestyle Group Semi-Annual Data
	Aug15	Aug16	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Inventory Turnover	Get a 7-Day Free Trial											14.43	21.86	25.70	11.45	6.90

Ten Lifestyle Group Inventory Turnover Calculation

Ten Lifestyle Group's Inventory Turnover for the fiscal year that ended in Aug. 2023 is calculated as

	Inventory Turnover (A: Aug. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Aug. 2023 )	/ (	(Total Inventories (A: Aug. 2022 )	+	Total Inventories (A: Aug. 2023 ))	/	count )
=	5.685	/ (	(0.118	+	0.511)	/	2 )
=	5.685	/	0.3145
=	18.08

Ten Lifestyle Group's Inventory Turnover for the quarter that ended in Feb. 2024 is calculated as

	Inventory Turnover (Q: Feb. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Feb. 2024 )	/ (	(Total Inventories (Q: Aug. 2023 )	+	Total Inventories (Q: Feb. 2024 ))	/	count )
=	3.32	/ (	(0.511	+	0.451)	/	2 )
=	3.32	/	0.481
=	6.90

Ten Lifestyle Group (LSE:TENG) 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.

Ten Lifestyle Group's Days Inventory for the six months ended in Feb. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Feb. 2024 )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
	=	0.481	/	3.32	*	365 / 2
	=	26.44

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.

Ten Lifestyle Group's Inventory to Revenue for the quarter that ended in Feb. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Feb. 2024 )	/	Revenue (Q: Feb. 2024 )
	=	0.481	/	33.266
	=	0.01

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.

Ten Lifestyle Group Inventory Turnover Related Terms

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Ten Lifestyle Group (LSE:TENG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Ten Lifestyle Group PLC (LSE:TENG) » Definitions » Inventory Turnover

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Address

355 Euston Road, 2nd Floor, Fitzroy House, London, GBR, NW1 3AL

Website

https://www.tenlifestylegroup.com

Ten Lifestyle Group PLC is a technology-enabled lifestyle and travel platform company. It assists its customers to discover, organize, and book travel, dining, and live entertainment to save time and money. The company's geographical segments include Europe, the Middle East and Africa (EMEA), North and South America (The Americas) and Asia-Pacific (APAC). It offers a range of product platforms such as Ten Digital Platforms Ten MAID (management and information delivery) and others. The company derives revenue mainly from service fees that are paid by its corporate clients, under contracts.

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