GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Birkenstock Holding PLC (NYSE:BIRK) » Definitions » Inventory Turnover

BIRK (Birkenstock Holding) Inventory Turnover : 0.21 (As of Dec. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Birkenstock Holding 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. Birkenstock Holding's Cost of Goods Sold for the three months ended in Dec. 2024 was $150 Mil. Birkenstock Holding's Average Total Inventories for the quarter that ended in Dec. 2024 was $723 Mil. Birkenstock Holding's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.21.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Birkenstock Holding's Days Inventory for the three months ended in Dec. 2024 was 438.78.

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. Birkenstock Holding's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 1.91.


Birkenstock Holding Inventory Turnover Historical Data

The historical data trend for Birkenstock Holding'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.

Birkenstock Holding Inventory Turnover Chart

Birkenstock Holding Annual Data
Trend Sep20 Sep21 Sep22 Sep23 Sep24
Inventory Turnover
2.21 1.46 1.02 1.04 1.24

Birkenstock Holding Quarterly Data
Sep20 Sep21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.19 0.32 0.36 0.31 0.21

Birkenstock Holding Inventory Turnover Calculation

Birkenstock Holding's Inventory Turnover for the fiscal year that ended in Sep. 2024 is calculated as

Inventory Turnover (A: Sep. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Sep. 2024 ) / ((Total Inventories (A: Sep. 2023 ) + Total Inventories (A: Sep. 2024 )) / count )
=825.764 / ((635.104 + 693.459) / 2 )
=825.764 / 664.2815
=1.24

Birkenstock Holding'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 )
=150.455 / ((693.459 + 753.481) / 2 )
=150.455 / 723.47
=0.21

* 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.


Birkenstock Holding  (NYSE:BIRK) 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.

Birkenstock Holding'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
=723.47/150.455*365 / 4
=438.78

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.

Birkenstock Holding'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 )
=723.47 / 378.763
=1.91

* 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.


Birkenstock Holding Inventory Turnover Related Terms

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


Birkenstock Holding Business Description

Traded in Other Exchanges
Address
1-2 Berkeley Square, London, GBR, W1J 6EA
Birkenstock Holding PLC is a company that manufactures and sells footbed-based products, including sandals, closed-toe silhouettes, and other products, such as skincare and accessories, for everyday, leisure, and work. It sells its products through two main channels: business-to-business (B2B) which comprises sales made to established third-party store networks, and direct-to-consumer (DTC) which comprises sales made on globally owned online stores through the Birkenstock.com domain and sales made in Birkenstock retail stores. The company's reportable segments are based on its regional hubs and include: the Americas which is also its key revenue-generating segment; Europe; and Australia, Japan, India, China, and the United Arab Emirates (APMA).