Saga (LSE:SAGA) Inventory Turnover : 19.97 (As of Jan. 2024)

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What is Saga 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. Saga's Cost of Goods Sold for the six months ended in Jan. 2024 was £157.8 Mil. Saga's Average Total Inventories for the quarter that ended in Jan. 2024 was £7.9 Mil. Saga's Inventory Turnover for the quarter that ended in Jan. 2024 was 19.97.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Saga's Days Inventory for the six months ended in Jan. 2024 was 9.14.

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. Saga's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.02.

Saga Inventory Turnover Historical Data

The historical data trend for Saga'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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Saga Inventory Turnover Chart

Saga Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Inventory Turnover

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90.62

22.52

29.24

37.37

39.88

Saga Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Inventory Turnover	Get a 7-Day Free Trial															17.87	16.83	18.01	19.50	19.97

Saga Inventory Turnover Calculation

Saga's Inventory Turnover for the fiscal year that ended in Jan. 2024 is calculated as

	Inventory Turnover (A: Jan. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jan. 2024 )	/ (	(Total Inventories (A: Jan. 2023 )	+	Total Inventories (A: Jan. 2024 ))	/	count )
=	301.1	/ (	(7	+	8.1)	/	2 )
=	301.1	/	7.55
=	39.88

Saga'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: Jul. 2023 )	+	Total Inventories (Q: Jan. 2024 ))	/	count )
=	157.8	/ (	(7.7	+	8.1)	/	2 )
=	157.8	/	7.9
=	19.97

Saga (LSE:SAGA) 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.

Saga's Days Inventory for the six 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
	=	7.9	/	157.8	*	365 / 2
	=	9.14

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.

Saga'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 )
	=	7.9	/	383
	=	0.02

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.

Saga Inventory Turnover Related Terms

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Saga (LSE:SAGA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Saga PLC (LSE:SAGA) » Definitions » Inventory Turnover

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SAGAl:UK 65J:Germany

Address

3 Pancras Square, London, GBR, N1C 4AG

Website

https://www.saga.co.uk

Saga PLC is a diversified insurance company that also offers lifestyle products and services. The company operates in two main segments: insurance, Cruise and travel. The company generates the vast majority of its revenue from the insurance segment, specifically through premiums and credit income. This segment offers retail motor broking, retail home broking, and underwriting products and services. The travel segment provides group tours, holiday packages, and cruises. Saga's customers are people aged 50 and older, and all revenue comes from the United Kingdom and also from Cruise and travel segment.