AS (Amer Sports) Inventory Turnover : 0.56 (As of Dec. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Amer Sports 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. Amer Sports's Cost of Goods Sold for the three months ended in Dec. 2024 was $718 Mil. Amer Sports's Average Total Inventories for the quarter that ended in Dec. 2024 was $1,281 Mil. Amer Sports's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.56.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Amer Sports's Days Inventory for the three months ended in Dec. 2024 was 162.79.

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. Amer Sports's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.78.

Amer Sports Inventory Turnover Historical Data

The historical data trend for Amer Sports'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.

Amer Sports Inventory Turnover Chart

Amer Sports Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

2.28

2.71

2.39

2.08

1.99

Amer Sports Quarterly Data
	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial								0.55	0.49	0.38	0.47	0.56

Amer Sports Inventory Turnover Calculation

Amer Sports's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Inventory Turnover (A: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2024 )	/ (	(Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )
=	2311.5	/ (	(1099.6	+	1223.3)	/	2 )
=	2311.5	/	1161.45
=	1.99

Amer Sports's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	718	/ (	(1338.5	+	1223.3)	/	2 )
=	718	/	1280.9
=	0.56

Amer Sports (NYSE:AS) 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.

Amer Sports's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	1280.9	/	718	*	365 / 4
	=	162.79

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.

Amer Sports's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	1280.9	/	1635.5
	=	0.78

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.

Amer Sports Inventory Turnover Related Terms

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

Amer Sports Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Amer Sports Inc (NYSE:AS) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Siltasaarenkatu 8-10, Helsinki, FIN, 00530

Website

https://www.amersports.com

Amer Sports manages a diverse portfolio of 10 outdoor and action sports brands that collectively generated revenue of $4.4 billion in 2023. Although primarily owned by the Chinese conglomerate Anta Sports, Amer operates with a degree of autonomy. In its rapidly expanding China business, the company is subject to closer oversight, but it manages its operations outside of China with relative independence. In 2023, the firm generates 40% of its revenue from the Americas, 33% from Europe, the Middle East, and Africa, 19% from China, and 7% from Asia-Pacific, excluding China.