Supreme (LSE:SUP) Inventory Turnover : 2.78 (As of Sep. 2024)

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What is Supreme 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. Supreme's Cost of Goods Sold for the six months ended in Sep. 2024 was £78.9 Mil. Supreme's Average Total Inventories for the quarter that ended in Sep. 2024 was £28.4 Mil. Supreme's Inventory Turnover for the quarter that ended in Sep. 2024 was 2.78.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Supreme's Days Inventory for the six months ended in Sep. 2024 was 65.61.

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. Supreme's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.25.

Supreme Inventory Turnover Historical Data

The historical data trend for Supreme'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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Supreme Inventory Turnover Chart

Supreme Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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4.46

5.20

4.03

4.46

6.30

Supreme Semi-Annual Data
	Mar18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Inventory Turnover	Get a 7-Day Free Trial								1.64	2.43	2.71	2.94	2.78

Supreme Inventory Turnover Calculation

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

	Inventory Turnover (A: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2024 )	/ (	(Total Inventories (A: Mar. 2023 )	+	Total Inventories (A: Mar. 2024 ))	/	count )
=	157.716	/ (	(25.606	+	24.434)	/	2 )
=	157.716	/	25.02
=	6.30

Supreme'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 )
=	78.934	/ (	(24.434	+	32.323)	/	2 )
=	78.934	/	28.3785
=	2.78

Supreme (LSE:SUP) 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.

Supreme'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
	=	28.3785	/	78.934	*	365 / 2
	=	65.61

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.

Supreme'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 )
	=	28.3785	/	112.987
	=	0.25

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.

Supreme Inventory Turnover Related Terms

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Supreme Business Description

Industry

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Address

4 Beacon Road, Ashburton Road West, Trafford Park, Manchester, GBR, M17 1AF

Website

https://www.supreme.co.uk

Supreme PLC is a supplier, manufacturer, and distributor of wholesale batteries, lighting, vaping, and light fittings. The company supplies products across five key categories: batteries, lighting, vaping, sports nutrition & wellness, and branded household consumer goods. It generates the majority of its revenue from the Vaping division in the United Kingdom.