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Kaspien Holdings (STU:TWDA) Inventory Turnover : 0.83 (As of Oct. 2023)


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What is Kaspien Holdings 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. Kaspien Holdings's Cost of Goods Sold for the three months ended in Oct. 2023 was €19.2 Mil. Kaspien Holdings's Average Total Inventories for the quarter that ended in Oct. 2023 was €23.2 Mil. Kaspien Holdings's Inventory Turnover for the quarter that ended in Oct. 2023 was 0.83.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kaspien Holdings's Days Inventory for the three months ended in Oct. 2023 was 109.85.

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. Kaspien Holdings's Inventory-to-Revenue for the quarter that ended in Oct. 2023 was 0.93.


Kaspien Holdings Inventory Turnover Historical Data

The historical data trend for Kaspien Holdings'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.

Kaspien Holdings Inventory Turnover Chart

Kaspien Holdings Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.95 2.22 5.39 4.26 3.80

Kaspien Holdings Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.69 0.86 0.93 0.96 0.83

Kaspien Holdings Inventory Turnover Calculation

Kaspien Holdings's Inventory Turnover for the fiscal year that ended in Jan. 2023 is calculated as

Inventory Turnover (A: Jan. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jan. 2023 ) / ((Total Inventories (A: Jan. 2022 ) + Total Inventories (A: Jan. 2023 )) / count )
=96.362 / ((25.881 + 24.781) / 2 )
=96.362 / 25.331
=3.80

Kaspien Holdings's Inventory Turnover for the quarter that ended in Oct. 2023 is calculated as

Inventory Turnover (Q: Oct. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Oct. 2023 ) / ((Total Inventories (Q: Jul. 2023 ) + Total Inventories (Q: Oct. 2023 )) / count )
=19.241 / ((23.554 + 22.77) / 2 )
=19.241 / 23.162
=0.83

* 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.


Kaspien Holdings  (STU:TWDA) 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.

Kaspien Holdings's Days Inventory for the three months ended in Oct. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Oct. 2023 )/Cost of Goods Sold (Q: Oct. 2023 )*Days in Period
=23.162/19.241*365 / 4
=109.85

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.

Kaspien Holdings's Inventory to Revenue for the quarter that ended in Oct. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Oct. 2023 ) / Revenue (Q: Oct. 2023 )
=23.162 / 25.033
=0.93

* 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.


Kaspien Holdings Inventory Turnover Related Terms

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Kaspien Holdings (STU:TWDA) Business Description

Traded in Other Exchanges
Address
2818 N. Sullivan Road, Suite 130, Spokane Valley, WA, USA, 99216
Kaspien Holdings Inc is a digital marketplace retailer that partners with companies to expand its brand. It provides a platform of software and services to brands in order to grow their online distribution channels on digital marketplaces such as Amazon, Walmart, and eBay, among others. The company focuses on various categories, including pets and sporting goods, baby, tools / office / outdoor, health & personal care, and home / kitchen. It generates substantially all of its revenue through Amazon Marketplace.

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