Lifetime Brands (Lifetime Brands) Change In Inventory : $35.4 Mil (TTM As of Dec. 2023)

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What is Lifetime Brands Change In Inventory?

Lifetime Brands's change in inventory for the quarter that ended in Dec. 2023 was $30.6 Mil. It means Lifetime Brands's inventory declined by $30.6 Mil from Sep. 2023 to Dec. 2023 .

Lifetime Brands's change in inventory for the fiscal year that ended in Dec. 2023 was $35.4 Mil. It means Lifetime Brands's inventory declined by $35.4 Mil from Dec. 2022 to Dec. 2023 .

Lifetime Brands's Total Inventories for the quarter that ended in Dec. 2023 was $188.6 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Lifetime Brands's Days Inventory for the quarter that ended in Dec. 2023 was 143.40.

Inventory Turnover measures how fast the company turns over its inventory within a year. Lifetime Brands's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.64.

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. Lifetime Brands's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.00.

Lifetime Brands Change In Inventory Historical Data

The historical data trend for Lifetime Brands's Change In Inventory 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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Lifetime Brands Change In Inventory Chart

Lifetime Brands Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-7.46

-28.98

-67.50

47.44

35.43

Lifetime Brands Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															51.14	13.37	-1.88	-6.66	30.60

Lifetime Brands Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $35.4 Mil.

Lifetime Brands (NAS:LCUT) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Lifetime Brands's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	203.1715	/	129.288	*	365 / 4
	=	143.40

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Lifetime Brands's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	129.288	/	203.1715
	=	0.64

3. 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.

Lifetime Brands's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	203.1715	/	203.143
	=	1.00

Lifetime Brands Change In Inventory Related Terms

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Lifetime Brands (Lifetime Brands) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Lifetime Brands Inc (NAS:LCUT) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

LH1:Germany

Address

1000 Stewart Avenue, Garden City, NY, USA, 11530

Website

https://www.lifetimebrands.com

Lifetime Brands Inc is a U.S. based company that designs, sources, and sells branded kitchenware, tableware, and other products used in the home and markets its products under brands such as Farberware, KitchenAid, Cuisine de France, and others. The company markets and sells its products principally on a wholesale basis to retailers. It also markets and sells a limited selection of its products directly to consumers through its Pfaltzgraff, Mikasa, Fred, and Friends, Built NY, and Lifetime Sterling. Its products include kitchen tools, gadgets, cutlery, dinnerware, and glassware. The segments of the company are the U.S. and International. It derives a majority of the revenue from the U.S. segment which includes the domestic operations of the company's business.

Executives

Robert Bruce Kay	director, officer: Chief Executive Officer	1000 STEWART AVENUE, GARDEN CITY NY 11530
Daniel Siegel	officer: Executive Vice-President	C/O LIFETIME BRANDS, INC., 1000 STEWART AVENUE, GARDEN CITY NY 11530
Craig Phillips	director, officer: Executive Vice President	LIFETIME BRANDS INC., 1000 STEWART AVENUE, GARDEN CITY NY 11530
Laurence Winoker	officer: SVP Finance/CFO/Treasurer
Veronique Gabai-pinsky	director	C-O VERA WANG GROUP, 15 EAST 26TH STREET, NEW YORK NY 10010
Rachael Jarosh	director	1000 STEWART AVENUE, GARDEN CITY NY 11530
Michael J Jeary	director	8 BELKNAP LANE, RUMSON NJ 07760
Dennis E Reaves	director	C/O LIFETIME BRANDS, INC., 1000 STEWART AVENUE, GARDEN CITY NY 11530
Bruce G Pollack	director	30 ROCKEFEELER PLAZA, SUITE 5050, NEW YORK NY 10020
Michael J Regan	director	14 BRENNER PLACE, DEMAREST NJ 07627
Michael Schnabel	director	1000 STEWART AVENUE, GARDEN CITY NY 11530
Centre Partners V, L.p.	10 percent owner	825 THIRD AVENUE, 40TH FLOOR, NEW YORK NY 10022
Centre Capital Investors V Lp	10 percent owner	825 THIRD AVENUE, 40TH FLOOR, New York NY 10022
Ronald Shittan	director	C/O LIFETIME BRANDS, INC., 1000 STEWART AVENUE, GARDEN CITY NY 11530
William U Westerfield	director	C/O LIFETIME BRANDS, INC., 1000 STEWART AVENUE, GARDEN CITY NY 11530