Brunello Cucinelli SpA (MIL:BC) Inventory Turnover : 1.11 (As of Dec. 2023)

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What is Brunello Cucinelli SpA 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. Brunello Cucinelli SpA's Cost of Goods Sold for the six months ended in Dec. 2023 was €307 Mil. Brunello Cucinelli SpA's Average Total Inventories for the quarter that ended in Dec. 2023 was €275 Mil. Brunello Cucinelli SpA's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.11.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Brunello Cucinelli SpA's Days Inventory for the six months ended in Dec. 2023 was 163.70.

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. Brunello Cucinelli SpA's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.46.

Brunello Cucinelli SpA Inventory Turnover Historical Data

The historical data trend for Brunello Cucinelli SpA'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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Brunello Cucinelli SpA Inventory Turnover Chart

Brunello Cucinelli SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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1.73

1.42

1.87

2.11

2.22

Brunello Cucinelli SpA 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	Get a 7-Day Free Trial															1.04	0.93	1.07	1.11	1.11

Brunello Cucinelli SpA Inventory Turnover Calculation

Brunello Cucinelli SpA'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 )
=	587.68	/ (	(242.844	+	287.291)	/	2 )
=	587.68	/	265.0675
=	2.22

Brunello Cucinelli SpA'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 )
=	306.602	/ (	(262.758	+	287.291)	/	2 )
=	306.602	/	275.0245
=	1.11

Brunello Cucinelli SpA (MIL:BC) 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.

Brunello Cucinelli SpA'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
	=	275.0245	/	306.602	*	365 / 2
	=	163.70

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.

Brunello Cucinelli SpA'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 )
	=	275.0245	/	595.478
	=	0.46

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.

Brunello Cucinelli SpA Inventory Turnover Related Terms

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Brunello Cucinelli SpA (MIL:BC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Brunello Cucinelli SpA (MIL:BC) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

Viale Parco dell’Industria, 5, Frazione Solomeo, Corciano, Perugia, ITA, 06073

Website

https://www.brunellocucinelli.com

Brunello Cucinelli SpA is a luxury apparel brand that emphasizes soft cashmere knitwear. It sells primarily women's clothing, shoes, and accessories. Brunello Cucinelli's products are made in Italy and sold throughout the world, with most revenue coming from Europe, particularly Italy, and North America. The company sells its products directly to consumers through its company-operated retail stores, and it wholesales its products to other retailers, with roughly an equal amount of revenue coming from each channel.