LCI Industries (FRA:0DI) Inventory Turnover : 0.86 (As of Dec. 2023)

View and export this data going back to 2014. Start your Free Trial

What is LCI Industries 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. LCI Industries's Cost of Goods Sold for the three months ended in Dec. 2023 was €620 Mil. LCI Industries's Average Total Inventories for the quarter that ended in Dec. 2023 was €723 Mil. LCI Industries's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.86.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. LCI Industries's Days Inventory for the three months ended in Dec. 2023 was 106.40.

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. LCI Industries's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.94.

LCI Industries Inventory Turnover Historical Data

The historical data trend for LCI Industries'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.

LCI Industries Inventory Turnover Chart

LCI Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

5.05

4.52

4.41

3.82

3.29

LCI Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															0.68	0.81	0.91	0.93	0.86

LCI Industries Inventory Turnover Calculation

LCI Industries'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 )
=	2758.903	/ (	(972.042	+	704.629)	/	2 )
=	2758.903	/	838.3355
=	3.29

LCI Industries'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 )
=	620.344	/ (	(741.995	+	704.629)	/	2 )
=	620.344	/	723.312
=	0.86

LCI Industries (FRA:0DI) 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.

LCI Industries'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
	=	723.312	/	620.344	*	365 / 4
	=	106.40

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.

LCI Industries'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 )
	=	723.312	/	768.028
	=	0.94

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.

LCI Industries Inventory Turnover Related Terms

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

LCI Industries (FRA:0DI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » LCI Industries Inc (FRA:0DI) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

LCII:USA

Address

3501 County Road 6 East, Elkhart, IN, USA, 46514

Website

https://www.lci1.com

LCI Industries Inc supplies domestically and internationally components for the original equipment manufacturers of recreational vehicles and adjacent industries including buses; trailers used to haul boats, livestock, equipment and other cargo. It has two reportable segments the original equipment manufacturers segment and the aftermarket segment. The OEM Segment manufactures or distributes components for the OEMs of RVs and adjacent industries, including buses; trailers used to haul boats, livestock, equipment and other cargo; trucks; pontoon boats; trains; manufactured homes; and modular housing. Its products are sold primarily to major manufacturers of RVs such as Thor Industries, Forest River, Winnebago and other RV OEMs, and to manufacturers in adjacent industries.

LCI Industries (FRA:0DI) Headlines

No Headlines