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. Plantronics's Cost of Goods Sold for the
three
months ended in Jun. 2022 was $248 Mil. Plantronics's Average Total Inventories for the quarter that ended in Jun. 2022 was $240 Mil.
Plantronics's Inventory Turnover for the quarter that ended in Jun. 2022 was 1.03.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Plantronics's Days Inventory for the
three
months ended in Jun. 2022 was 88.35.
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.
Plantronics's Inventory-to-Revenue for the quarter that ended in Jun. 2022 was 0.58.
Plantronics Inventory Turnover Historical Data
The historical data trend for Plantronics'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.
Plantronics's Days Inventory for the
three
months ended in Jun. 2022 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.
Plantronics's Inventory to Revenue for the quarter that ended in Jun. 2022 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.
Plantronics Inventory Turnover Related Terms
Thank you for viewing the detailed overview of Plantronics's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
Plantronics Inc designs and manufactures lightweight communications headsets, telephone headset systems, and other communications endpoints. The firm's headsets are used for unified communications applications in contact centers, with mobile devices and Internet telephony, for gaming, and for other applications. Its products are shipped through a network of distributors, retailers, wireless carriers, original equipment manufacturers, and other service providers. More than half of the firm's revenue is generated in the United States, with the rest coming from Europe, Africa, Asia Pacific, and other regions.
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