GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Temple & Webster Group Ltd (FRA:2Q9) » Definitions » Inventory Turnover

Temple & Webster Group (FRA:2Q9) Inventory Turnover : 8.50 (As of Dec. 2023)


View and export this data going back to 2019. Start your Free Trial

What is Temple & Webster Group 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. Temple & Webster Group's Cost of Goods Sold for the six months ended in Dec. 2023 was €103.9 Mil. Temple & Webster Group's Average Total Inventories for the quarter that ended in Dec. 2023 was €12.2 Mil. Temple & Webster Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 8.50.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Temple & Webster Group's Days Inventory for the six months ended in Dec. 2023 was 21.47.

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. Temple & Webster Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.08.


Temple & Webster Group Inventory Turnover Historical Data

The historical data trend for Temple & Webster Group'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.

Temple & Webster Group Inventory Turnover Chart

Temple & Webster Group Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Inventory Turnover
Get a 7-Day Free Trial 19.30 19.25 12.86 10.00 11.49

Temple & Webster Group Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 6.00 4.42 4.23 6.91 8.50

Temple & Webster Group Inventory Turnover Calculation

Temple & Webster Group's Inventory Turnover for the fiscal year that ended in Jun. 2023 is calculated as

Inventory Turnover (A: Jun. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jun. 2023 ) / ((Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count )
=165.12 / ((17.525 + 11.209) / 2 )
=165.12 / 14.367
=11.49

Temple & Webster Group'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: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count )
=103.933 / ((11.209 + 13.24) / 2 )
=103.933 / 12.2245
=8.50

* 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.


Temple & Webster Group  (FRA:2Q9) 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.

Temple & Webster Group's Days Inventory for the six 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
=12.2245/103.933*365 / 2
=21.47

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.

Temple & Webster Group'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 )
=12.2245 / 155.796
=0.08

* 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.


Temple & Webster Group Inventory Turnover Related Terms

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


Temple & Webster Group (FRA:2Q9) Business Description

Traded in Other Exchanges
Address
2/1-7 Unwins Bridge Road, St Peters, Sydney, NSW, AUS, 2044
Temple & Webster Group Ltd is an online retailer of furniture and homewares. Some of its products include office furniture, lighting, rugs, wall art, home decor, and others. It is used in a living room, bedroom, dining room, bathroom, kitchen, office, outdoor, and hallway.

Temple & Webster Group (FRA:2Q9) Headlines

No Headlines