Prosus NV (Prosus NV) Inventory Turnover : 5.14 (As of Sep. 2023)

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What is Prosus NV 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. Prosus NV's Cost of Goods Sold for the six months ended in Sep. 2023 was $1,523 Mil. Prosus NV's Average Total Inventories for the quarter that ended in Sep. 2023 was $297 Mil. Prosus NV's Inventory Turnover for the quarter that ended in Sep. 2023 was 5.14.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Prosus NV's Days Inventory for the six months ended in Sep. 2023 was 35.53.

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. Prosus NV's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.12.

Prosus NV Inventory Turnover Historical Data

The historical data trend for Prosus NV'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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Prosus NV Inventory Turnover Chart

Prosus NV Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

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10.00

12.06

12.94

9.73

10.35

Prosus NV Semi-Annual Data
	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Inventory Turnover	Get a 7-Day Free Trial								5.80	4.22	3.54	7.24	5.14

Prosus NV Inventory Turnover Calculation

Prosus NV's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Inventory Turnover (A: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2023 )	/ (	(Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )
=	4108	/ (	(470	+	324)	/	2 )
=	4108	/	397
=	10.35

Prosus NV's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

	Inventory Turnover (Q: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2023 )	/ (	(Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	1523	/ (	(324	+	269)	/	2 )
=	1523	/	296.5
=	5.14

Prosus NV (OTCPK:PROSF) 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.

Prosus NV's Days Inventory for the six months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	296.5	/	1523	*	365 / 2
	=	35.53

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.

Prosus NV's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	296.5	/	2556
	=	0.12

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.

Prosus NV Inventory Turnover Related Terms

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Prosus NV (Prosus NV) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

PRX:South Africa PROSY:USA PRX:Netherlands PRX:Mexico PRXa:UK 0A28:UK 1TY:Germany

Address

Gustav Mahlerplein 5, Symphony Offices, Amsterdam, NH, NLD, 1082 MS

Website

https://www.prosus.com

Prosus NV is a consumer internet group operating across a variety of platforms and geographies. The group's businesses operate in China, India, Russia, Central and Eastern Europe, North America, Latin America, Southeast Asia, the Middle East, and Africa. The group's businesses and investments are organized around the following segments: Ecommerce, which comprises its interests in Classifieds, Payments, and Fintech, Food Delivery, Etail, Travel, and other Ecommerce, Social and Internet Platforms, which comprises its interests in Tencent and Mail.ru Group and Corporate which relates to group-level corporate services and treasury function.