Lvmh Moet Hennessy Louis Vuitton SE (Lvmh Moet Hennessy Louis Vuitton SE) Inventory Turnover

: 0.61 (As of Dec. 2023)

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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. Lvmh Moet Hennessy Louis Vuitton SE's Cost of Goods Sold for the six months ended in Dec. 2023 was $15,216 Mil. Lvmh Moet Hennessy Louis Vuitton SE's Average Total Inventories for the quarter that ended in Dec. 2023 was $24,778 Mil. Lvmh Moet Hennessy Louis Vuitton SE's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.61.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Lvmh Moet Hennessy Louis Vuitton SE's Days Inventory for the six months ended in Dec. 2023 was 297.19.

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. Lvmh Moet Hennessy Louis Vuitton SE's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.52.

Lvmh Moet Hennessy Louis Vuitton SE Inventory Turnover Historical Data

The historical data trend for Lvmh Moet Hennessy Louis Vuitton SE'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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Lvmh Moet Hennessy Louis Vuitton SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

1.37

1.24

1.33

1.32

1.26

Lvmh Moet Hennessy Louis Vuitton SE Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover																0.67	0.62	0.69	0.61	0.61

Lvmh Moet Hennessy Louis Vuitton SE Inventory Turnover Calculation

Lvmh Moet Hennessy Louis Vuitton SE'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 )
=	29308.615	/ (	(21524.364	+	25029.444)	/	2 )
=	29308.615	/	23276.904
=	1.26

Lvmh Moet Hennessy Louis Vuitton SE'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 )
=	15215.921	/ (	(24526.544	+	25029.444)	/	2 )
=	15215.921	/	24777.994
=	0.61

Lvmh Moet Hennessy Louis Vuitton SE (OTCPK:LVMUY) 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.

Lvmh Moet Hennessy Louis Vuitton SE'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
	=	24777.994	/	15215.921	*	365 / 2
	=	297.19

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.

Lvmh Moet Hennessy Louis Vuitton SE'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 )
	=	24777.994	/	47887.677
	=	0.52

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.

Lvmh Moet Hennessy Louis Vuitton SE Inventory Turnover Related Terms

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Lvmh Moet Hennessy Louis Vuitton SE (Lvmh Moet Hennessy Louis Vuitton SE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Lvmh Moet Hennessy Louis Vuitton SE (OTCPK:LVMUY) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

LVMHF:USA LVMH01:Thailand MC:Mexico LVMH:Italy MCp:UK 0HAU:UK MC:France MOH:Germany MC:Austria

Address

22, Avenue Montaigne, Paris, FRA, 75008

Website

https://www.lvmh.com

LVMH is a global producer and distributor of luxury goods. It operates six segments: fashion and leather goods, its largest and oldest; watches and jewelry; wines and spirits; perfumes and cosmetics; selective retailing (including Sephora and airport duty-free retailer DFS); and other (including publishing). Higher-profile brands include Louis Vuitton, Bulgari, Fendi, Givenchy, Tag Heuer, Hennessy, Moet & Chandon, Glenmorangie, Sephora, and Benefit. LVMH operates more than 5,000 stores around the globe.