Lesaka Technologies (JSE:LSK) Inventory Turnover : 4.39 (As of Mar. 2024)

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What is Lesaka Technologies 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. Lesaka Technologies's Cost of Goods Sold for the three months ended in Mar. 2024 was R2,033 Mil. Lesaka Technologies's Average Total Inventories for the quarter that ended in Mar. 2024 was R463 Mil. Lesaka Technologies's Inventory Turnover for the quarter that ended in Mar. 2024 was 4.39.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Lesaka Technologies's Days Inventory for the three months ended in Mar. 2024 was 20.77.

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. Lesaka Technologies's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.18.

Lesaka Technologies Inventory Turnover Historical Data

The historical data trend for Lesaka Technologies'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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Lesaka Technologies Inventory Turnover Chart

Lesaka Technologies Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Inventory Turnover

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16.37

8.28

4.11

6.25

14.86

Lesaka Technologies Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															3.22	3.45	3.92	4.09	4.39

Lesaka Technologies Inventory Turnover Calculation

Lesaka Technologies'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 )
=	7826.779	/ (	(541.264	+	512.427)	/	2 )
=	7826.779	/	526.8455
=	14.86

Lesaka Technologies's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	2032.811	/ (	(514.675	+	410.675)	/	2 )
=	2032.811	/	462.675
=	4.39

Lesaka Technologies (JSE:LSK) 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.

Lesaka Technologies's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	462.675	/	2032.811	*	365 / 4
	=	20.77

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.

Lesaka Technologies's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	462.675	/	2604.653
	=	0.18

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.

Lesaka Technologies Inventory Turnover Related Terms

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Lesaka Technologies (JSE:LSK) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Lesaka Technologies Inc (JSE:LSK) » Definitions » Inventory Turnover

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LSAK:USA

Address

Corner Jan Smuts Avenue and Bolton Road, President Place, 4th Floor, Rosebank, Johannesburg, GT, ZAF, 2196

Website

https://www.lesakatech.com

Lesaka Technologies Inc provides payment solutions, transaction processing solutions, and financial technologies. The company operates two reportable segments: Merchant and Consumer. The company operates mainly within South Africa. The Merchant segment that derives majority revenue includes activities related to the provision of goods and services provided to corporate and other juristic entities. It earns fees from processing activities performed for its customers and revenue generated from the distribution of prepaid airtime. The Consumer segment includes activities related to the provision of financial services to customers, including bank accounts, loans, and insurance products. The firm charges monthly administration fees for all bank accounts.

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