Gym Group (The) (LSE:GYM) Inventory Turnover : 1.87 (As of Dec. 2023)

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What is Gym Group (The) 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. Gym Group (The)'s Cost of Goods Sold for the six months ended in Dec. 2023 was £1.4 Mil. Gym Group (The)'s Average Total Inventories for the quarter that ended in Dec. 2023 was £0.8 Mil. Gym Group (The)'s Inventory Turnover for the quarter that ended in Dec. 2023 was 1.87.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Gym Group (The)'s Days Inventory for the six months ended in Dec. 2023 was 97.77.

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. Gym Group (The)'s Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.01.

Gym Group (The) Inventory Turnover Historical Data

The historical data trend for Gym Group (The)'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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Gym Group (The) Inventory Turnover Chart

Gym Group (The) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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2.78

4.40

5.67

3.33

3.50

Gym Group (The) Semi-Annual Data
	Dec13	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															4.80	1.60	1.50	1.65	1.87

Gym Group (The) Inventory Turnover Calculation

Gym Group (The)'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 )
=	2.8	/ (	(0.9	+	0.7)	/	2 )
=	2.8	/	0.8
=	3.50

Gym Group (The)'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: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	1.4	/ (	(0.8	+	0.7)	/	2 )
=	1.4	/	0.75
=	1.87

Gym Group (The) (LSE:GYM) 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.

Gym Group (The)'s Days Inventory for the six 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
	=	0.75	/	1.4	*	365 / 2
	=	97.77

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.

Gym Group (The)'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 )
	=	0.75	/	104.2
	=	0.01

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.

Gym Group (The) Inventory Turnover Related Terms

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Gym Group (The) (LSE:GYM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Gym Group (The) PLC (LSE:GYM) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

GYYMF:USA GYMl:UK 4GY:Germany

Address

12-16 Addiscombe Road, 5th Floor, OneCroydon, Croydon, GBR, CR0 0XT

Website

https://www.tggplc.com

Gym Group (The) PLC provides low-cost, 24/7 health and fitness facilities across the United Kingdom. The company offers flexible no-contract gym memberships, and it also ensures that all its sites have easy-access parking or are close to transportation hubs. The facilities include a wide variety of equipment as well to deliver value-for-the-money for its members. It generates the majority of its revenue from Membership income.

Gym Group (The) (LSE:GYM) Headlines

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