Ermes Department Stores (CYS:ERME) Inventory Turnover: 0.57 (As of Jun. 2025)

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What is Ermes Department Stores Inventory Turnover?

Ermes Department Stores CYS:ERME Inventory Turnover is 0.57 as of Jun. 2025. The stock has 4 warning signs investors should review.

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. Ermes Department Stores's Cost of Goods Sold for the six months ended in Jun. 2025 was €2.89 Mil. Ermes Department Stores's Average Total Inventories for the quarter that ended in Jun. 2025 was €5.09 Mil. Ermes Department Stores's Inventory Turnover for the quarter that ended in Jun. 2025 was 0.57.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ermes Department Stores's Days Inventory for the six months ended in Jun. 2025 was 321.68.

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. Ermes Department Stores's Inventory-to-Revenue for the quarter that ended in Jun. 2025 was 0.87.

Ermes Department Stores  (CYS:ERME) 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.

Ermes Department Stores's Days Inventory for the six months ended in Jun. 2025 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2025 )/Cost of Goods Sold (Q: Jun. 2025 )*Days in Period
=5.094/2.89*365 / 2
=321.68

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.

Ermes Department Stores's Inventory to Revenue for the quarter that ended in Jun. 2025 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2025 ) / Revenue (Q: Jun. 2025 )
=5.094 / 5.875
=0.87

* 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.

Ermes Department Stores Inventory Turnover Related Terms

Ermes Department Stores Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Ermes Department Stores'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.

Ermes Department Stores Inventory Turnover Chart

Ermes Department Stores Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.25 2.23 2.25 0.71 1.14

Ermes Department Stores Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.01 -0.29 0.12 0.89 0.57

Ermes Department Stores Inventory Turnover Calculation

Ermes Department Stores'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 )
=22.604 / ((31.48 + 8.123) / 2 )
=22.604 / 19.8015
=1.14

Ermes Department Stores's Inventory Turnover for the quarter that ended in Jun. 2025 is calculated as

Inventory Turnover (Q: Jun. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2025 ) / ((Total Inventories (Q: Dec. 2024 ) + Total Inventories (Q: Jun. 2025 )) / count )
=2.89 / ((8.123 + 2.065) / 2 )
=2.89 / 5.094
=0.57

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 0.57 mean?
Ermes Department Stores (CYS:ERME) has a Inventory Turnover of 0.57 as of Jun. 2025. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Ermes Department Stores and its competitors.
Is Ermes Department Stores' Inventory Turnover too high?
Ermes Department Stores' current Inventory Turnover is 0.57.
How does Ermes Department Stores' Inventory Turnover compare to DDS and M?
Ermes Department Stores' Inventory Turnover of 0.57 can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Retail - Cyclical company?
A good Inventory Turnover depends on the Retail - Cyclical industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Ermes Department Stores and its competitors. Ermes Department Stores's current Inventory Turnover is 0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ermes Department Stores stock overvalued right now?
Based on GuruFocus' analysis, Ermes Department Stores (CYS:ERME) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.01, compared to a current price of €0.01 — trading 45% above its estimated fair value. The current Inventory Turnover is 0.57. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Ermes Department Stores (CYS:ERME), the current Inventory Turnover is 0.57 as of Jun. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Ermes Department Stores Business Description

Address Mansion, Old Nicosia - Limassol Road, Shacolas, Athalassa, Nicosia, CYP, 1584
Ermes Department Stores PLC is engaged in operation of department stores. It sells fashion, cosmetics, toys, home goods and other goods and services for all ages and the family.