CCC (FRA:6RK) Inventory Turnover : 0.45 (As of Jan. 2024)

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What is CCC 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. CCC's Cost of Goods Sold for the three months ended in Jan. 2024 was €323 Mil. CCC's Average Total Inventories for the quarter that ended in Jan. 2024 was €711 Mil. CCC's Inventory Turnover for the quarter that ended in Jan. 2024 was 0.45.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. CCC's Days Inventory for the three months ended in Jan. 2024 was 200.66.

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. CCC's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 1.19.

CCC Inventory Turnover Historical Data

The historical data trend for CCC'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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CCC Inventory Turnover Chart

CCC Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Jan22

Jan23

Inventory Turnover

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1.59

1.47

1.50

1.76

1.83

CCC Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Inventory Turnover	Get a 7-Day Free Trial															0.48	0.39	0.47	0.43	0.45

CCC Inventory Turnover Calculation

CCC's Inventory Turnover for the fiscal year that ended in Jan. 2023 is calculated as

	Inventory Turnover (A: Jan. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jan. 2023 )	/ (	(Total Inventories (A: Jan. 2022 )	+	Total Inventories (A: Jan. 2023 ))	/	count )
=	1152.507	/ (	(622.968	+	638.46)	/	2 )
=	1152.507	/	630.714
=	1.83

CCC's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

	Inventory Turnover (Q: Jan. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jan. 2024 )	/ (	(Total Inventories (Q: Oct. 2023 )	+	Total Inventories (Q: Jan. 2024 ))	/	count )
=	323.133	/ (	(730.347	+	690.774)	/	2 )
=	323.133	/	710.5605
=	0.45

CCC (FRA:6RK) 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.

CCC's Days Inventory for the three months ended in Jan. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jan. 2024 )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
	=	710.5605	/	323.133	*	365 / 4
	=	200.66

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.

CCC's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jan. 2024 )	/	Revenue (Q: Jan. 2024 )
	=	710.5605	/	598.175
	=	1.19

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.

CCC Inventory Turnover Related Terms

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CCC (FRA:6RK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » CCC SA (FRA:6RK) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

CCC:Poland 0LS5:UK

Address

ul. Strefowa 6, Polkowice, POL, 59-101

Website

http://www.ccc.eu

CCC SA operates as a footwear retail company in Central Europe. The CCC Group comprises a total of approximately 950 offline chain stores located in modern shopping centers and malls, as well as a number of online sales platforms in Poland and nearly 28 countries in Europe and the Middle East. The group operates through its 87 online sales platforms under the brands namely DeeZee, Modivo, eobuwie and HalfPrice.

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