Curves Holdings Co (TSE:7085) Inventory Turnover : 2.51 (As of Feb. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Curves Holdings Co 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. Curves Holdings Co's Cost of Goods Sold for the three months ended in Feb. 2024 was 円5,569 Mil. Curves Holdings Co's Average Total Inventories for the quarter that ended in Feb. 2024 was 円2,223 Mil. Curves Holdings Co's Inventory Turnover for the quarter that ended in Feb. 2024 was 2.51.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Curves Holdings Co's Days Inventory for the three months ended in Feb. 2024 was 36.42.

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. Curves Holdings Co's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 0.23.

Curves Holdings Co Inventory Turnover Historical Data

The historical data trend for Curves Holdings Co'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.

* Premium members only.

Curves Holdings Co Inventory Turnover Chart

Curves Holdings Co Annual Data

Trend

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Inventory Turnover

Get a 7-Day Free Trial

18.08

13.16

10.92

15.26

17.48

Curves Holdings Co Quarterly Data
	Aug18	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Inventory Turnover	Get a 7-Day Free Trial															3.22	3.67	3.98	2.52	2.51

Curves Holdings Co Inventory Turnover Calculation

Curves Holdings Co'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 )
=	17216.463	/ (	(937.193	+	1032.569)	/	2 )
=	17216.463	/	984.881
=	17.48

Curves Holdings Co'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: Nov. 2023 )	+	Total Inventories (Q: Feb. 2024 ))	/	count )
=	5568.991	/ (	(2391.118	+	2054.852)	/	2 )
=	5568.991	/	2222.985
=	2.51

Curves Holdings Co (TSE:7085) 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.

Curves Holdings Co's Days Inventory for the three 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
	=	2222.985	/	5568.991	*	365 / 4
	=	36.42

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.

Curves Holdings Co'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 )
	=	2222.985	/	9483.183
	=	0.23

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.

Curves Holdings Co Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Curves Holdings Co's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Curves Holdings Co (TSE:7085) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Curves Holdings Co Ltd (TSE:7085) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-9-1 Shibaura Rene site Tower 11th Floor, Shibaura, Minato-ku, Yubinbango, Tokyo, JPN, 108-0023

Website

https://www.curvesholdings.co.jp

Curves Holdings Co Ltd is an operator of fitness club curbs for women.

Curves Holdings Co (TSE:7085) Headlines

No Headlines