Stanley Black & Decker (BSP:S1WK34) Inventory Turnover : 0.59 (As of Mar. 2024)

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What is Stanley Black & Decker 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. Stanley Black & Decker's Cost of Goods Sold for the three months ended in Mar. 2024 was R$13,749 Mil. Stanley Black & Decker's Average Total Inventories for the quarter that ended in Mar. 2024 was R$23,295 Mil. Stanley Black & Decker's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.59.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Stanley Black & Decker's Days Inventory for the three months ended in Mar. 2024 was 154.60.

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. Stanley Black & Decker's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.21.

Stanley Black & Decker Inventory Turnover Historical Data

The historical data trend for Stanley Black & Decker'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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Stanley Black & Decker Inventory Turnover Chart

Stanley Black & Decker Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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3.86

3.90

2.61

2.16

2.15

Stanley Black & Decker Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															0.54	0.57	0.57	0.54	0.59

Stanley Black & Decker Inventory Turnover Calculation

Stanley Black & Decker's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	58055.281	/ (	(30743.814	+	23218.192)	/	2 )
=	58055.281	/	26981.003
=	2.15

Stanley Black & Decker's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	13749.228	/ (	(23218.192	+	23371.695)	/	2 )
=	13749.228	/	23294.9435
=	0.59

Stanley Black & Decker (BSP:S1WK34) 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.

Stanley Black & Decker's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	23294.9435	/	13749.228	*	365 / 4
	=	154.60

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.

Stanley Black & Decker's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	23294.9435	/	19269.336
	=	1.21

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.

Stanley Black & Decker Inventory Turnover Related Terms

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Stanley Black & Decker (BSP:S1WK34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Stanley Black & Decker Inc (BSP:S1WK34) » Definitions » Inventory Turnover

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Traded in Other Exchanges

SWK:USA SWK:Mexico SWK:Austria

Address

1000 Stanley Drive, New Britain, CT, USA, 06053

Website

https://www.stanleyblackanddecker.com

Stanley Black & Decker Inc is a manufacturer of hand and power tools. The company operates in two reportable segments namely Tools and Outdoor and Industrial. It generates maximum revenue from the Tools and Outdoor segment. The Tools and Outdoor segment is comprised of the Power Tools Group (PTG), Hand Tools, Accessories and Storage (HTAS), and Outdoor Power Equipment (Outdoor) businesses. Geographically, it derives a majority of its revenue from the United States.

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