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. Casper Sleep's Cost of Goods Sold for the
three
months ended in Sep. 2021 was $92.6 Mil. Casper Sleep's Average Total Inventories for the quarter that ended in Sep. 2021 was $67.2 Mil.
Casper Sleep's Inventory Turnover for the quarter that ended in Sep. 2021 was 1.38.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Casper Sleep's Days Inventory for the
three
months ended in Sep. 2021 was 66.19.
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.
Casper Sleep's Inventory-to-Revenue for the quarter that ended in Sep. 2021 was 0.43.
Casper Sleep Inventory Turnover Historical Data
The historical data trend for Casper Sleep'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.
* 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.
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.
Casper Sleep's Days Inventory for the
three
months ended in Sep. 2021 is calculated as:
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.
Casper Sleep's Inventory to Revenue for the quarter that ended in Sep. 2021 is calculated as
* 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.
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.
Casper Sleep Inventory Turnover Related Terms
Thank you for viewing the detailed overview of Casper Sleep's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
Casper Sleep Inc is a provider of sleep products to consumers through various sales channels. The company operates in one segment within the United States, Canada and Europe. It distributes products through an e-commerce platform, plus more than fifty Casper retail stores.
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