Leon's Furniture (TSX:LNF) Change In Inventory : C$53 Mil (TTM As of Sep. 2024)

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What is Leon's Furniture Change In Inventory?

Leon's Furniture's change in inventory for the quarter that ended in Sep. 2024 was C$19 Mil. It means Leon's Furniture's inventory declined by C$19 Mil from Jun. 2024 to Sep. 2024 .

Leon's Furniture's change in inventory for the fiscal year that ended in Dec. 2023 was C$-6 Mil. It means Leon's Furniture's inventory increased by C$6 Mil from Dec. 2022 to Dec. 2023 .

Leon's Furniture's Total Inventories for the quarter that ended in Sep. 2024 was C$377 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Leon's Furniture's Days Inventory for the quarter that ended in Sep. 2024 was 96.26.

Inventory Turnover measures how fast the company turns over its inventory within a year. Leon's Furniture's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.95.

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. Leon's Furniture's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.59.

Leon's Furniture Change In Inventory Historical Data

The historical data trend for Leon's Furniture'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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Leon's Furniture Change In Inventory Chart

Leon's Furniture Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-5.13

2.37

-63.57

-14.97

-5.98

Leon's Furniture Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Inventory	Get a 7-Day Free Trial															-15.92	13.49	3.69	17.07	18.64

Leon's Furniture 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$53 Mil.

Leon's Furniture (TSX:LNF) Change In Inventory Explanation

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

Leon's Furniture's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	386.5165	/	366.397	*	365 / 4
	=	96.26

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

Leon's Furniture's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	366.397	/	386.5165
	=	0.95

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.

Leon's Furniture's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	386.5165	/	651.934
	=	0.59

Leon's Furniture Change In Inventory Related Terms

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Leon's Furniture Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Leon's Furniture Ltd (TSX:LNF) » Definitions » Change In Inventory

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LEFUF:USA

Address

45 Gordon Mackay Road, Toronto, ON, CAN, M9N 3X3

Website

https://www.leons.ca

Leon's Furniture Ltd is a Canada-based retailer which is involved in the sale of home furnishing, mattresses, appliances, and electronics. The firm is also the country's commercial retailer of appliances to builders, developers, hotels, and property management companies. It generates maximum revenue from sales of goods by corporate stores.

Executives

John Andrew Cooney	Senior Officer
Terrence Leon	Director, Senior Officer
Constantine Pefanis	Senior Officer
Gregory Paul Nakonechny	Senior Officer
Edward F. Leon	Director, Senior Officer
Joseph Michael Leon	Director
David Brian Freeman	Senior Officer
Graeme Leon	Senior Officer
Orest Pyshniak	Senior Officer
Timmyal Limited	10% Security Holder
Antomel Limited	10% Security Holder
Mark Leon	Director

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