Moncler SpA (Moncler SpA) Inventory Turnover : 0.67 (As of Jun. 2023)

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What is Moncler SpA 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. Moncler SpA's Cost of Goods Sold for the six months ended in Jun. 2023 was $309 Mil. Moncler SpA's Average Total Inventories for the quarter that ended in Jun. 2023 was $464 Mil. Moncler SpA's Inventory Turnover for the quarter that ended in Jun. 2023 was 0.67.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Moncler SpA's Days Inventory for the six months ended in Jun. 2023 was 273.48.

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. Moncler SpA's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.38.

Moncler SpA Inventory Turnover Historical Data

The historical data trend for Moncler SpA'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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Moncler SpA Inventory Turnover Chart

Moncler SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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1.88

1.78

1.99

1.87

1.86

Moncler SpA Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															1.10	0.76	1.02	0.67	0.82

Moncler SpA Inventory Turnover Calculation

Moncler SpA'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 )
=	651.533	/ (	(297.764	+	399.946)	/	2 )
=	651.533	/	348.855
=	1.87

Moncler SpA'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 )
=	309.426	/ (	(399.946	+	527.407)	/	2 )
=	309.426	/	463.6765
=	0.67

Moncler SpA (OTCPK:MONRF) 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.

Moncler SpA'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
	=	463.6765	/	309.426	*	365 / 2
	=	273.48

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.

Moncler SpA'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 )
	=	463.6765	/	1231.408
	=	0.38

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.

Moncler SpA Inventory Turnover Related Terms

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Moncler SpA (Moncler SpA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Moncler SpA (OTCPK:MONRF) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

MONRY:USA MONC:Mexico MONC:Italy MONCm:UK 0QII:UK MOV:Germany MONC:Austria

Address

Via Stendhal, 47, Milan, ITA, 20144

Website

https://www.monclergroup.com

Moncler consists of its namesake brand and Stone Island (acquired in 2021). The Moncler brand is one of the leading players in luxury outerwear. It is globally present with 36% of sales generated in Europe, the Middle East, and Africa, 17% in the Americas, and 47% in Asia and rest of the world. Most of the company's sales are direct to consumer, with almost 80% generated through the own-retail channel. Around 75%-80% of revenue is generated in the core outerwear segment, with the remainder in the accessory, knitwear, and footwear categories. Stone Island contributed around 15% of revenue in 2022.

Moncler SpA (Moncler SpA) Headlines

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