Maisons du Monde France (LTS:0RHL) Inventory Turnover : 0.84 (As of Jun. 2023)

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What is Maisons du Monde France 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. Maisons du Monde France's Cost of Goods Sold for the six months ended in Jun. 2023 was €197 Mil. Maisons du Monde France's Average Total Inventories for the quarter that ended in Jun. 2023 was €234 Mil. Maisons du Monde France's Inventory Turnover for the quarter that ended in Jun. 2023 was 0.84.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Maisons du Monde France's Days Inventory for the six months ended in Jun. 2023 was 217.13.

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. Maisons du Monde France's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.38.

Maisons du Monde France Inventory Turnover Historical Data

The historical data trend for Maisons du Monde France'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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Maisons du Monde France Inventory Turnover Chart

Maisons du Monde France Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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1.88

1.99

2.40

1.99

Maisons du Monde France Semi-Annual Data
	Dec13	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial														1.15	0.95	0.86	0.84	-

Maisons du Monde France Inventory Turnover Calculation

Maisons du Monde France's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	437.935	/ (	(193.752	+	245.728)	/	2 )
=	437.935	/	219.74
=	1.99

Maisons du Monde France's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

	Inventory Turnover (Q: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2023 )	/ (	(Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )
=	196.9	/ (	(245.728	+	222.8)	/	2 )
=	196.9	/	234.264
=	0.84

Maisons du Monde France (LTS:0RHL) 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.

Maisons du Monde France's Days Inventory for the six months ended in Jun. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2023 )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
	=	234.264	/	196.9	*	365 / 2
	=	217.13

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.

Maisons du Monde France's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	234.264	/	610.5
	=	0.38

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.

Maisons du Monde France Inventory Turnover Related Terms

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Maisons du Monde France (LTS:0RHL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Maisons du Monde France SA (LTS:0RHL) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

MDM:France ZMM:Germany

Address

Le Portereau, BP 52402, Vertou, FRA, 44120

Website

https://www.maisonsdumonde.com

Maisons du Monde France SA is a multichannel retailer of stylish affordable homeware. Its product range consists of homeware products, decoration items, and furniture. The product categories include small decorative items such as household textiles, tableware and kitchenware, mirrors and picture frames, as well as large decorative items and furniture such as large mirrors and lamps, tables, chairs, armchairs and sofas, cupboards, bookshelves and outdoor furniture. It sells its products through its network of stores and its online platform to the customers based in European markets.

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