PWR Holdings (ASX:PWH) Inventory Turnover : 0.72 (As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is PWR 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. PWR Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was A$13.6 Mil. PWR Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was A$18.8 Mil. PWR Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.72.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PWR Holdings's Days Inventory for the six months ended in Dec. 2023 was 252.06.

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. PWR Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.29.

PWR Holdings Inventory Turnover Historical Data

The historical data trend for PWR 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.

PWR Holdings Inventory Turnover Chart

PWR Holdings Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Inventory Turnover

Get a 7-Day Free Trial

1.99

2.08

2.77

2.17

1.56

PWR Holdings Semi-Annual Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial												1.09	1.09	0.71	0.77	0.72

PWR Holdings Inventory Turnover Calculation

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

	Inventory Turnover (A: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2023 )	/ (	(Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )
=	23.819	/ (	(12.746	+	17.789)	/	2 )
=	23.819	/	15.2675
=	1.56

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

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	13.645	/ (	(17.789	+	19.903)	/	2 )
=	13.645	/	18.846
=	0.72

PWR Holdings (ASX:PWH) 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.

PWR Holdings's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	18.846	/	13.645	*	365 / 2
	=	252.06

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.

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

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	18.846	/	64.215
	=	0.29

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.

PWR Holdings Inventory Turnover Related Terms

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

PWR Holdings (ASX:PWH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » PWR Holdings Ltd (ASX:PWH) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

103 Lahrs Road, Ormeau, QLD, AUS, 4208

Website

https://www.pwr.com.au

PWR Holdings is a designer, manufacturer, and supplier of cooling solutions for motorsports and the performance automotive industry. PWR produces aluminum radiators, intercoolers, heat exchangers, oil coolers, and other cooling accessories for motorsports, performance automotive original equipment manufacturers, the automotive aftermarket, and aerospace and defense sectors. The motorsports segment generates the majority of revenue, while OEM and aftermarket constitute over a third of the income stream. PWR's products are primarily sold in North America and Europe.

PWR Holdings (ASX:PWH) Headlines

No Headlines