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Universal Store Holdings (ASX:UNI) Inventory Turnover : 2.48 (As of Dec. 2024)


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What is Universal Store 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. Universal Store Holdings's Cost of Goods Sold for the six months ended in Dec. 2024 was A$72.3 Mil. Universal Store Holdings's Average Total Inventories for the quarter that ended in Dec. 2024 was A$29.2 Mil. Universal Store Holdings's Inventory Turnover for the quarter that ended in Dec. 2024 was 2.48.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Universal Store Holdings's Days Inventory for the six months ended in Dec. 2024 was 73.66.

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. Universal Store Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.16.


Universal Store Holdings Inventory Turnover Historical Data

The historical data trend for Universal Store 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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Universal Store Holdings Inventory Turnover Chart

Universal Store Holdings Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24
Inventory Turnover
- 5.54 4.85 5.08 4.24

Universal Store Holdings Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.71 1.89 2.60 1.88 2.48

Universal Store Holdings Inventory Turnover Calculation

Universal Store 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 )
=114.998 / ((24.353 + 29.895) / 2 )
=114.998 / 27.124
=4.24

Universal Store Holdings'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: Jun. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count )
=72.313 / ((29.895 + 28.475) / 2 )
=72.313 / 29.185
=2.48

* 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.


Universal Store Holdings  (ASX:UNI) 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.

Universal Store Holdings's Days Inventory for the six 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
=29.185/72.313*365 / 2
=73.66

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.

Universal Store Holdings'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 )
=29.185 / 185.234
=0.16

* 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.


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.


Universal Store Holdings Inventory Turnover Related Terms

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Universal Store Holdings Business Description

Traded in Other Exchanges
N/A
Address
42A, William Farrior Place, Eagle Farm, Brisbane, QLD, AUS, 4009
Universal Store Holdings Ltd is a specialty retailer of youth casual apparel. It offers casual apparel, footwear, and accessories to the customers. The company brand portfolio includes Champion, Perfect Stranger, Tommy Jeans, Kiss Chacey, Thrills, Barney Cools, and others. The company has two reportable segments namely, Universal store, and CTC. The majority of revenue is generated from the Universal store.

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