Aitken Spence Hotel Holdings (COL:AHUN.N0000) Inventory Turnover : 2.33 (As of Dec. 2023)

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What is Aitken Spence Hotel 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. Aitken Spence Hotel Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was රු3,373 Mil. Aitken Spence Hotel Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was රු1,448 Mil. Aitken Spence Hotel Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.33.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Aitken Spence Hotel Holdings's Days Inventory for the three months ended in Dec. 2023 was 39.16.

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. Aitken Spence Hotel Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.11.

Aitken Spence Hotel Holdings Inventory Turnover Historical Data

The historical data trend for Aitken Spence Hotel 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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Aitken Spence Hotel Holdings Inventory Turnover Chart

Aitken Spence Hotel Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

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8.45

5.73

1.73

5.05

6.85

Aitken Spence Hotel Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															1.56	1.80	2.62	3.19	2.33

Aitken Spence Hotel Holdings Inventory Turnover Calculation

Aitken Spence Hotel Holdings's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Inventory Turnover (A: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2023 )	/ (	(Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )
=	11371.496	/ (	(1627.072	+	1690.992)	/	2 )
=	11371.496	/	1659.032
=	6.85

Aitken Spence Hotel Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	3372.81	/ (	(1374.277	+	1520.915)	/	2 )
=	3372.81	/	1447.596
=	2.33

Aitken Spence Hotel Holdings (COL:AHUN.N0000) 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.

Aitken Spence Hotel Holdings's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	1447.596	/	3372.81	*	365 / 4
	=	39.16

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.

Aitken Spence Hotel Holdings's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	1447.596	/	13446.685
	=	0.11

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.

Aitken Spence Hotel Holdings Inventory Turnover Related Terms

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Aitken Spence Hotel Holdings (COL:AHUN.N0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Aitken Spence Hotel Holdings PLC (COL:AHUN.N0000) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

No. 315, Vauxhall Street, Level 5, Aitken Spence Tower II, Colombo, LKA, 2

Website

https://www.aitkenspencehotels.com

Aitken Spence Hotel Holdings PLC is involved in the lodging business sector. The company has a chain of hotels and resorts under two brands that are Heritance Hotels and Resorts and Adaaran Resorts and Spa and manages hotels in two areas that are Sri Lanka and South Asia and Middle East. The South Asian sector generates majority revenue for the company.

Aitken Spence Hotel Holdings (COL:AHUN.N0000) Headlines

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