TWC Enterprises (TWC Enterprises) Inventory Turnover : 0.37 (As of Dec. 2023)

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What is TWC Enterprises 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. TWC Enterprises's Cost of Goods Sold for the three months ended in Dec. 2023 was $32.6 Mil. TWC Enterprises's Average Total Inventories for the quarter that ended in Dec. 2023 was $88.4 Mil. TWC Enterprises's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.37.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. TWC Enterprises's Days Inventory for the three months ended in Dec. 2023 was 247.86.

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. TWC Enterprises's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.74.

TWC Enterprises Inventory Turnover Historical Data

The historical data trend for TWC Enterprises'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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TWC Enterprises Inventory Turnover Chart

TWC Enterprises Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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6.06

2.98

0.92

0.35

0.77

TWC Enterprises Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															0.01	0.17	0.10	0.37	-

TWC Enterprises Inventory Turnover Calculation

TWC Enterprises's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	59.47	/ (	(77.62	+	77.604)	/	2 )
=	59.47	/	77.612
=	0.77

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

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	32.558	/ (	(99.268	+	77.604)	/	2 )
=	32.558	/	88.436
=	0.37

TWC Enterprises (OTCPK:CLKXF) 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.

TWC Enterprises's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	88.436	/	32.558	*	365 / 4
	=	247.86

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.

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

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	88.436	/	50.752
	=	1.74

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.

TWC Enterprises Inventory Turnover Related Terms

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TWC Enterprises (TWC Enterprises) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » TWC Enterprises Ltd (OTCPK:CLKXF) » Definitions » Inventory Turnover

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TWC:Canada

Address

15675 Dufferin Street, King City, ON, CAN, L7B 1K5

Website

https://www.twcenterprises.ca

TWC Enterprises Ltd is a leisure services provider in Canada. Its core business is Golf club operations under the brand name ClubLink One Membership More Golf. The company's geographical segment includes Canadian golf club operation and United States golf club operation. It generates maximum revenue from the Canadian golf club operation segment.