ASOS (ASOMF) Inventory Turnover : 1.50 (As of Feb. 2025)

View and export this data going back to 2004. Start your Free Trial

What is ASOS 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. ASOS's Cost of Goods Sold for the six months ended in Feb. 2025 was $894 Mil. ASOS's Average Total Inventories for the quarter that ended in Feb. 2025 was $595 Mil. ASOS's Inventory Turnover for the quarter that ended in Feb. 2025 was 1.50.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. ASOS's Days Inventory for the six months ended in Feb. 2025 was 121.47.

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. ASOS's Inventory-to-Revenue for the quarter that ended in Feb. 2025 was 0.37.

ASOS Inventory Turnover Historical Data

The historical data trend for ASOS'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.

ASOS Inventory Turnover Chart

ASOS Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

Inventory Turnover

Get a 7-Day Free Trial

3.33

3.25

2.21

2.34

2.74

ASOS Semi-Annual Data
	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24	Aug24	Feb25
Inventory Turnover	Get a 7-Day Free Trial															1.15	1.08	1.32	1.53	1.50

ASOS Inventory Turnover Calculation

ASOS's Inventory Turnover for the fiscal year that ended in Aug. 2024 is calculated as

	Inventory Turnover (A: Aug. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Aug. 2024 )	/ (	(Total Inventories (A: Aug. 2023 )	+	Total Inventories (A: Aug. 2024 ))	/	count )
=	2258.161	/ (	(975.858	+	673.964)	/	2 )
=	2258.161	/	824.911
=	2.74

ASOS's Inventory Turnover for the quarter that ended in Feb. 2025 is calculated as

	Inventory Turnover (Q: Feb. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Feb. 2025 )	/ (	(Total Inventories (Q: Aug. 2024 )	+	Total Inventories (Q: Feb. 2025 ))	/	count )
=	894.354	/ (	(673.964	+	516.562)	/	2 )
=	894.354	/	595.263
=	1.50

ASOS (OTCPK:ASOMF) 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.

ASOS's Days Inventory for the six months ended in Feb. 2025 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Feb. 2025 )	/	Cost of Goods Sold (Q: Feb. 2025 )	*	Days in Period
	=	595.263	/	894.354	*	365 / 2
	=	121.47

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.

ASOS's Inventory to Revenue for the quarter that ended in Feb. 2025 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Feb. 2025 )	/	Revenue (Q: Feb. 2025 )
	=	595.263	/	1630.364
	=	0.37

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.

ASOS Inventory Turnover Related Terms

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

ASOS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » ASOS PLC (OTCPK:ASOMF) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

ASOMY:USA ASCl:UK ASC.GB:UK ASC:UK DYQ:Germany

Address

Hampstead Road, Greater London House, London, GBR, NW1 7FB

Website

https://www.asosplc.com

Asos is a global e-commerce player focusing on fashion and cosmetics and targeting the youth segment (20-somethings) globally. Of its revenue, 45% comes from its UK home market, 30% from other European Union countries, 13% from the United States, 12% from the rest of the world. The company ships to 240 countries from its three warehouses located in the UK, continental Europe, and the United States. It offers over 85 000 products on its website from third-party brands and its own labels (Asos Design, Collusion).