Stella International Holdings (FRA:31S) Inventory Turnover : 2.88 (As of Jun. 2024)

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What is Stella International 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. Stella International Holdings's Cost of Goods Sold for the six months ended in Jun. 2024 was €531 Mil. Stella International Holdings's Average Total Inventories for the quarter that ended in Jun. 2024 was €184 Mil. Stella International Holdings's Inventory Turnover for the quarter that ended in Jun. 2024 was 2.88.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Stella International Holdings's Days Inventory for the six months ended in Jun. 2024 was 63.36.

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. Stella International Holdings's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.26.

Stella International Holdings Inventory Turnover Historical Data

The historical data trend for Stella International 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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Stella International Holdings Inventory Turnover Chart

Stella International Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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7.37

4.99

6.15

6.38

5.75

Stella International Holdings Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Inventory Turnover	Get a 7-Day Free Trial															2.84	2.76	2.83	2.92	2.88

Stella International Holdings Inventory Turnover Calculation

Stella International Holdings'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 )
=	1032.471	/ (	(178.182	+	180.761)	/	2 )
=	1032.471	/	179.4715
=	5.75

Stella International Holdings's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

	Inventory Turnover (Q: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )
=	530.578	/ (	(180.761	+	187.639)	/	2 )
=	530.578	/	184.2
=	2.88

Stella International Holdings (FRA:31S) 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.

Stella International Holdings's Days Inventory for the six months ended in Jun. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2024 )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
	=	184.2	/	530.578	*	365 / 2
	=	63.36

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.

Stella International Holdings's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	184.2	/	715.34
	=	0.26

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.

Stella International Holdings Inventory Turnover Related Terms

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Stella International Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Stella International Holdings Ltd (FRA:31S) » Definitions » Inventory Turnover

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01836:Hong Kong

Address

133 Hoi Bun Road, Flat C, 20th Floor, MG Tower, Kowloon, HKG

Website

http://www.stella.com.hk

Stella International Holdings Ltd is investment holding company that designs and manufactures footwear for its clients, who sell the products to consumers under their brand names. Stella's clients include many of the world's top casual footwear companies as well as several prominent fashion and high-fashion companies and brands. The firm operates in two segments. The Manufacturing segment engages in the sale and manufacture of footwear and handbag. The retailing and wholesaling segment engages in the sale of products of self-developed brands. The majority of revenue is from the manufacturing segment. Geographically, North America accounts for the majority of revenue.

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