Peter Warren Automotive Holdings (ASX:PWR) Inventory Turnover : 2.14 (As of Jun. 2024)

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What is Peter Warren Automotive 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. Peter Warren Automotive Holdings's Cost of Goods Sold for the six months ended in Jun. 2024 was A$991 Mil. Peter Warren Automotive Holdings's Average Total Inventories for the quarter that ended in Jun. 2024 was A$463 Mil. Peter Warren Automotive Holdings's Inventory Turnover for the quarter that ended in Jun. 2024 was 2.14.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Peter Warren Automotive Holdings's Days Inventory for the six months ended in Jun. 2024 was 85.25.

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. Peter Warren Automotive Holdings's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.36.

Peter Warren Automotive Holdings Inventory Turnover Historical Data

The historical data trend for Peter Warren Automotive 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.

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Peter Warren Automotive Holdings Inventory Turnover Chart

Peter Warren Automotive Holdings Annual Data

Trend

Jun21

Jun22

Jun23

Jun24

Inventory Turnover

5.94

5.49

5.30

4.91

Peter Warren Automotive Holdings Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Inventory Turnover	Get a 7-Day Free Trial			2.70	2.83	2.36	2.63	2.14

Peter Warren Automotive Holdings Inventory Turnover Calculation

Peter Warren Automotive Holdings's Inventory Turnover for the fiscal year that ended in Jun. 2024 is calculated as

	Inventory Turnover (A: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2024 )	/ (	(Total Inventories (A: Jun. 2023 )	+	Total Inventories (A: Jun. 2024 ))	/	count )
=	2056.491	/ (	(360.992	+	476.896)	/	2 )
=	2056.491	/	418.944
=	4.91

Peter Warren Automotive Holdings's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

	Inventory Turnover (Q: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )
=	991.449	/ (	(449.348	+	476.896)	/	2 )
=	991.449	/	463.122
=	2.14

Peter Warren Automotive Holdings (ASX:PWR) 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.

Peter Warren Automotive Holdings's Days Inventory for the six months ended in Jun. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2024 )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
	=	463.122	/	991.449	*	365 / 2
	=	85.25

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.

Peter Warren Automotive Holdings's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	463.122	/	1271.286
	=	0.36

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.

Peter Warren Automotive Holdings Inventory Turnover Related Terms

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Peter Warren Automotive Holdings Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

13 Hume Highway, Warwick Farm, Sydney, NSW, AUS, 2170

Website

https://www.peterwarren.com.au

Peter Warren Automotive Holdings Ltd is a dealership group operating in Australia. The company operates an integrated new and used car retailing business providing the full range of sales and support including parts, service, finance insurance, and aftermarket products to an extensive list of long-term customers, many of whom have purchased multiple vehicles over a lifetime. The company has two operating segments Vehicle Retailing and property segment, The company generates the majority of its revenue from the Vehicle Retailing segment, which offers a diversified range of automotive products and services, including new vehicles, used vehicles, vehicle maintenance and repair services, vehicle parts, extended service contracts, vehicle protection products, and other aftermarket products.