Pod Point Group Holdings (LSE:PODP) Inventory Turnover : 3.69 (As of Dec. 2023)

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What is Pod Point Group 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. Pod Point Group Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was £23.14 Mil. Pod Point Group Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was £6.27 Mil. Pod Point Group Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.69.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Pod Point Group Holdings's Days Inventory for the six months ended in Dec. 2023 was 49.43.

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. Pod Point Group Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.19.

Pod Point Group Holdings Inventory Turnover Historical Data

The historical data trend for Pod Point Group 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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Pod Point Group Holdings Inventory Turnover Chart

Pod Point Group Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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6.53

5.74

7.93

9.63

8.76

Pod Point Group Holdings Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial					5.05	4.66	3.57	3.13	3.69

Pod Point Group Holdings Inventory Turnover Calculation

Pod Point Group 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 )
=	44.516	/ (	(5.64	+	4.524)	/	2 )
=	44.516	/	5.082
=	8.76

Pod Point Group Holdings'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 )
=	23.141	/ (	(8.012	+	4.524)	/	2 )
=	23.141	/	6.268
=	3.69

Pod Point Group Holdings (LSE:PODP) 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.

Pod Point Group Holdings'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
	=	6.268	/	23.141	*	365 / 2
	=	49.43

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.

Pod Point Group Holdings'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 )
	=	6.268	/	33.142
	=	0.19

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.

Pod Point Group Holdings Inventory Turnover Related Terms

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Pod Point Group Holdings (LSE:PODP) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Pod Point Group Holdings PLC (LSE:PODP) » Definitions » Inventory Turnover

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PODPl:UK

Address

28-42 Banner Street, London, GBR, EC1Y 8QE

Website

https://www.pod-point.com

Pod Point Group Holdings PLC is a provider of EV charging solutions with a simple vision: travel should not damage the earth. It has built market capabilities across all four routes to market in the EV charging ecosystem: home, workplace, destination, and en route. It has developed an effective and agile infrastructure to support the design, outsourced manufacture, and installation of charge points and associated systems. It has four operating segments: Home, Commercial, Owned Assets, and Recurring. The majority of its revenue comes from the Home segment.

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