Encore Capital Group (FRA:ECP) Inventory Turnover : 0.00 (As of Sep. 2024)

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What is Encore Capital 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. Encore Capital Group's Cost of Goods Sold for the three months ended in Sep. 2024 was €164 Mil. Encore Capital Group's Average Total Inventories for the quarter that ended in Sep. 2024 was €0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Encore Capital Group's Days Inventory for the three months ended in Sep. 2024 was 0.00.

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. Encore Capital Group's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.00.

Encore Capital Group Inventory Turnover Historical Data

The historical data trend for Encore Capital 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.

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Encore Capital Group Inventory Turnover Chart

Encore Capital Group Annual Data

Trend

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Inventory Turnover

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Encore Capital Group Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Encore Capital Group Inventory Turnover Calculation

Encore Capital Group'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 )
=	597.372	/ (	(0	+	0)	/	1 )
=	597.372	/	0
=	N/A

Encore Capital Group's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

	Inventory Turnover (Q: Sep. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	164.172	/ (	(0	+	0)	/	1 )
=	164.172	/	0
=	N/A

Encore Capital Group (FRA:ECP) 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.

Encore Capital Group's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	0	/	164.172	*	365 / 4
	=	0.00

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.

Encore Capital Group's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	0	/	330.731
	=	0.00

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.

Encore Capital Group Inventory Turnover Related Terms

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Encore Capital Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Encore Capital Group Inc (FRA:ECP) » Definitions » Inventory Turnover

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Traded in Other Exchanges

ECPG:USA

Address

350 Camino De La Reina, Suite 100, San Diego, CA, USA, 92108

Website

https://www.encorecapital.com

Encore Capital Group Inc is an international specialty finance company. It provides debt recovery solutions for consumers and property owners across a broad range of financial assets. The company purchase portfolios of defaulted consumer receivables at deep discounts to face value and manages them by working with individuals as the consumer repay their obligations and work toward financial recovery. Encore has only a reportable segment being portfolio purchasing and recovery.

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