Colgate-Palmolive Co (BSP:COLG34) Inventory Turnover : 1.02 (As of Dec. 2024)

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What is Colgate-Palmolive Co 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. Colgate-Palmolive Co's Cost of Goods Sold for the three months ended in Dec. 2024 was R$11,976 Mil. Colgate-Palmolive Co's Average Total Inventories for the quarter that ended in Dec. 2024 was R$11,713 Mil. Colgate-Palmolive Co's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.02.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Colgate-Palmolive Co's Days Inventory for the three months ended in Dec. 2024 was 89.24.

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. Colgate-Palmolive Co's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.39.

Colgate-Palmolive Co Inventory Turnover Historical Data

The historical data trend for Colgate-Palmolive Co'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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Colgate-Palmolive Co Inventory Turnover Chart

Colgate-Palmolive Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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4.63

4.38

3.96

3.91

4.49

Colgate-Palmolive Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															1.03	1.06	1.08	1.00	1.02

Colgate-Palmolive Co Inventory Turnover Calculation

Colgate-Palmolive Co's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Inventory Turnover (A: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2024 )	/ (	(Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )
=	48441.94	/ (	(9476.213	+	12122.687)	/	2 )
=	48441.94	/	10799.45
=	4.49

Colgate-Palmolive Co'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 )
=	11976.263	/ (	(11302.65	+	12122.687)	/	2 )
=	11976.263	/	11712.6685
=	1.02

Colgate-Palmolive Co (BSP:COLG34) 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.

Colgate-Palmolive Co'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
	=	11712.6685	/	11976.263	*	365 / 4
	=	89.24

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.

Colgate-Palmolive Co'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 )
	=	11712.6685	/	30169.445
	=	0.39

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.

Colgate-Palmolive Co Inventory Turnover Related Terms

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Colgate-Palmolive Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Colgate-Palmolive Co (BSP:COLG34) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

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Address

300 Park Avenue, New York, NY, USA, 10022

Website

https://www.colgatepalmolive.com

Since its founding in 1806, Colgate-Palmolive has grown to become a leading player in the household and personal care arena. In addition to its namesake oral care line (which accounts for more than 40% of its total sales), the firm manufactures shampoos, shower gels, deodorants, and homecare products that are sold in over 200 countries. International sales account for about 70% of its total business, including approximately 45% from emerging regions. It also owns specialty pet food maker Hill's (around one fifth of sales), which primarily sells its products through veterinarians and specialty pet retailers.

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