Planet Fitness (STU:3PL) Change In Inventory : €0 Mil (TTM As of Mar. 2024)

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What is Planet Fitness Change In Inventory?

Planet Fitness's change in inventory for the quarter that ended in Mar. 2024 was €-0 Mil. It means Planet Fitness's inventory increased by €0 Mil from Dec. 2023 to Mar. 2024 .

Planet Fitness's change in inventory for the fiscal year that ended in Dec. 2023 was €1 Mil. It means Planet Fitness's inventory declined by €1 Mil from Dec. 2022 to Dec. 2023 .

Planet Fitness's Total Inventories for the quarter that ended in Mar. 2024 was €5 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Planet Fitness's Days Inventory for the quarter that ended in Mar. 2024 was 3.88.

Inventory Turnover measures how fast the company turns over its inventory within a year. Planet Fitness's Inventory Turnover for the quarter that ended in Mar. 2024 was 23.52.

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. Planet Fitness's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.02.

Planet Fitness Change In Inventory Historical Data

The historical data trend for Planet Fitness's Change In Inventory 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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Planet Fitness Change In Inventory Chart

Planet Fitness Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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3.82

0.33

-0.60

-3.88

0.55

Planet Fitness Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															0.25	-1.70	-0.65	2.63	-0.26

Planet Fitness Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €0 Mil.

Planet Fitness (STU:3PL) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Planet Fitness's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	4.4255	/	104.087	*	365 / 4
	=	3.88

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Planet Fitness's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	104.087	/	4.4255
	=	23.52

3. 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.

Planet Fitness's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4.4255	/	228.176
	=	0.02

Planet Fitness Change In Inventory Related Terms

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Planet Fitness (STU:3PL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Planet Fitness Inc (STU:3PL) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

PLNT:USA 3PL:Germany

Address

4 Liberty Lane West, Hampton, NH, USA, 03842

Website

https://www.planetfitness.com

Planet Fitness Inc is a franchisor and operator of fitness centers in the United States. The company's reportable segments are Franchise, Corporate-owned stores, and Equipment. Franchise segment includes operations related to its franchising business in the United States, Puerto Rico, Canada, Panama, Mexico and Australia, Corporate-owned stores segment includes operations with respect to all corporate-owned stores throughout the United States and Canada, and The Equipment segment includes the sale of equipment to franchisee-owned stores in the U.S. The firm generates a majority of its revenue from the Corporate-owned stores segment.

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