Chesterfield Special Cylinders Holdings (LSE:CSC) Inventory Turnover : -0.16 (As of Sep. 2024)

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What is Chesterfield Special Cylinders 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. Chesterfield Special Cylinders Holdings's Cost of Goods Sold for the six months ended in Sep. 2024 was £-0.70 Mil. Chesterfield Special Cylinders Holdings's Average Total Inventories for the quarter that ended in Sep. 2024 was £4.39 Mil. Chesterfield Special Cylinders Holdings's Inventory Turnover for the quarter that ended in Sep. 2024 was -0.16.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

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.

Chesterfield Special Cylinders Holdings Inventory Turnover Historical Data

The historical data trend for Chesterfield Special Cylinders 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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Chesterfield Special Cylinders Holdings Inventory Turnover Chart

Chesterfield Special Cylinders Holdings Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Inventory Turnover

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4.16

4.46

4.76

2.70

2.58

Chesterfield Special Cylinders Holdings Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Inventory Turnover	Get a 7-Day Free Trial															2.40	2.15	0.70	2.08	-0.16

Chesterfield Special Cylinders Holdings Inventory Turnover Calculation

Chesterfield Special Cylinders Holdings's Inventory Turnover for the fiscal year that ended in Sep. 2024 is calculated as

	Inventory Turnover (A: Sep. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Sep. 2024 )	/ (	(Total Inventories (A: Sep. 2023 )	+	Total Inventories (A: Sep. 2024 ))	/	count )
=	11.095	/ (	(5.57	+	3.02)	/	2 )
=	11.095	/	4.295
=	2.58

Chesterfield Special Cylinders Holdings'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: Mar. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	-0.704	/ (	(5.753	+	3.02)	/	2 )
=	-0.704	/	4.3865
=	-0.16

Chesterfield Special Cylinders Holdings (LSE:CSC) 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.

Chesterfield Special Cylinders Holdings's Days Inventory for the six 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
	=	4.3865	/	-0.704	*	365 / 2
	=

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.

Chesterfield Special Cylinders Holdings'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 )
	=	4.3865	/	-0.211
	=

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.

Chesterfield Special Cylinders Holdings Inventory Turnover Related Terms

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Chesterfield Special Cylinders Holdings Business Description

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PRS:Germany

Address

Meadowhall Road, Pressure Technologies Building, Sheffield, South Yorkshire, GBR, S9 1BT

Website

https://www.chesterfieldcylinders.com

Chesterfield Special Cylinders Holdings Plc is a provider of bespoke, high-pressure gas containment solutions and services. Its high-pressure cylinders are a critical component for a number of end applications, from high-pressure systems in naval submarines and surface vessels to oxygen cylinders in fighter jets, from the bulk storage of industrial gases to air pressure vessels in floating oil platform motion compensation systems and more recently for hydrogen transport refueling and energy storage.

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