Remy Cointreau (Remy Cointreau) Inventory Turnover

: 0.10 (As of Sep. 2023)

View and export this data going back to . Start your Free Trial

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. Remy Cointreau's Cost of Goods Sold for the six months ended in Sep. 2023 was $189 Mil. Remy Cointreau's Average Total Inventories for the quarter that ended in Sep. 2023 was $1,954 Mil. Remy Cointreau's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.10.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Remy Cointreau's Days Inventory for the six months ended in Sep. 2023 was 1,889.48.

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. Remy Cointreau's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 2.87.

Remy Cointreau Inventory Turnover Historical Data

The historical data trend for Remy Cointreau'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.

* Premium members only.

Remy Cointreau Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

Get a 7-Day Free Trial

0.33

0.26

0.24

0.26

Remy Cointreau Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Inventory Turnover	Get a 7-Day Free Trial															0.13	0.13	0.14	0.12	0.10

Remy Cointreau Inventory Turnover Calculation

Remy Cointreau'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 )
=	476.124	/ (	(1779.185	+	1944.111)	/	2 )
=	476.124	/	1861.648
=	0.26

Remy Cointreau'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 )
=	188.687	/ (	(1944.111	+	1962.967)	/	2 )
=	188.687	/	1953.539
=	0.10

Remy Cointreau (OTCPK:REMYF) 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.

Remy Cointreau'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
	=	1953.539	/	188.687	*	365 / 2
	=	1,889.48

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.

Remy Cointreau'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 )
	=	1953.539	/	679.509
	=	2.87

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.

Remy Cointreau Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Remy Cointreau's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Remy Cointreau (Remy Cointreau) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Remy Cointreau (OTCPK:REMYF) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

REMYY:USA 0MGU:UK RCOp:UK RCO:France RMC:Germany

Address

Rue Joseph Pataa, Cognac, FRA, 16100

Website

https://www.remy-cointreau.com

Remy Cointreau is the world's second-largest distiller of cognac by volume, with a 15.8% global volume share in 2022, according to Euromonitor. Cognac represented 72% of Remy's sales and 90% of EBIT in the same year. The remainder of Remy's portfolio is made up of much smaller group-owned brands, including Cointreau orange liqueur, Metaxa Greek spirit, Mount Gay rum, Bruichladdich single malt scotch, The Botanist gin, Hautes Glaces French whiskey, and Westland American whiskey. The company also distributes third-party brands and in 2023 entered the fragrance business. Remy is controlled by the Andromede family, which owns 41% equity interest and consolidates the business in the Andromede Group. The Cointreau family owns a further 27%, and 41% of the equity is free float.

Remy Cointreau (Remy Cointreau) Headlines

From GuruFocus

Remy-Cointreau a Great Company but Expensive Stock

By Holmes Osborne, CFA Holmes Osborne, CFA • 04-18-2016