iMedia Brands (STU:VVIA) Inventory Turnover : 0.65 (As of Oct. 2022)

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What is iMedia Brands 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. iMedia Brands's Cost of Goods Sold for the three months ended in Oct. 2022 was €72.8 Mil. iMedia Brands's Average Total Inventories for the quarter that ended in Oct. 2022 was €112.1 Mil. iMedia Brands's Inventory Turnover for the quarter that ended in Oct. 2022 was 0.65.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. iMedia Brands's Days Inventory for the three months ended in Oct. 2022 was 140.42.

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. iMedia Brands's Inventory-to-Revenue for the quarter that ended in Oct. 2022 was 0.90.

iMedia Brands Inventory Turnover Historical Data

The historical data trend for iMedia Brands'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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iMedia Brands Inventory Turnover Chart

iMedia Brands Annual Data

Trend

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Inventory Turnover

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6.01

4.75

3.70

3.65

3.00

iMedia Brands Quarterly Data
	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23
Inventory Turnover	Get a 7-Day Free Trial															1.16	0.82	0.79	0.65	0.70

iMedia Brands Inventory Turnover Calculation

iMedia Brands's Inventory Turnover for the fiscal year that ended in Jan. 2022 is calculated as

	Inventory Turnover (A: Jan. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jan. 2022 )	/ (	(Total Inventories (A: Jan. 2021 )	+	Total Inventories (A: Jan. 2022 ))	/	count )
=	290.409	/ (	(56.415	+	102.77)	/	2 )
=	290.409	/	79.5925
=	3.65

iMedia Brands's Inventory Turnover for the quarter that ended in Oct. 2022 is calculated as

	Inventory Turnover (Q: Oct. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Oct. 2022 )	/ (	(Total Inventories (Q: Jul. 2022 )	+	Total Inventories (Q: Oct. 2022 ))	/	count )
=	72.83	/ (	(103.193	+	120.949)	/	2 )
=	72.83	/	112.071
=	0.65

iMedia Brands (STU:VVIA) 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.

iMedia Brands's Days Inventory for the three months ended in Oct. 2022 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Oct. 2022 )	/	Cost of Goods Sold (Q: Oct. 2022 )	*	Days in Period
	=	112.071	/	72.83	*	365 / 4
	=	140.42

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.

iMedia Brands's Inventory to Revenue for the quarter that ended in Oct. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Oct. 2022 )	/	Revenue (Q: Oct. 2022 )
	=	112.071	/	125.113
	=	0.90

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.

iMedia Brands Inventory Turnover Related Terms

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iMedia Brands (STU:VVIA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » iMedia Brands Inc (STU:VVIA) » Definitions » Inventory Turnover

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Address

6740 Shady Oak Road, Eden Prairie, MN, USA, 55344-3433

Website

https://www.shophq.com

Legacy Imbds Inc Formerly iMedia Brands Inc is a global interactive media company that manages a portfolio of shopping television networks and web service businesses, primarily in North America, for English and Spanish speaking audiences. It's brand portfolio spans multiple business models and product categories and includes ShopHQ, iMedia Web Services, Bulldog Shopping Network, and LaVenta Shopping Network. It operates in three segments: Entertainment, Consumer Brand and Media Commerce Services. Geographically, it derives a majority of its revenue from the US.

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