Lulus Fashion Lounge Holdings (Lulus Fashion Lounge Holdings) Inventory Turnover : 1.19 (As of Dec. 2023)

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What is Lulus Fashion Lounge 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. Lulus Fashion Lounge Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $45.6 Mil. Lulus Fashion Lounge Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was $38.5 Mil. Lulus Fashion Lounge Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.19.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Lulus Fashion Lounge Holdings's Days Inventory for the three months ended in Dec. 2023 was 76.98.

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. Lulus Fashion Lounge Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.51.

Lulus Fashion Lounge Holdings Inventory Turnover Historical Data

The historical data trend for Lulus Fashion Lounge 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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Lulus Fashion Lounge Holdings Inventory Turnover Chart

Lulus Fashion Lounge Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

7.09

5.84

9.06

7.18

5.26

Lulus Fashion Lounge Holdings Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial											1.23	1.12	1.20	1.13	1.19

Lulus Fashion Lounge Holdings Inventory Turnover Calculation

Lulus Fashion Lounge 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 )
=	206.949	/ (	(43.186	+	35.472)	/	2 )
=	206.949	/	39.329
=	5.26

Lulus Fashion Lounge 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: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	45.615	/ (	(41.49	+	35.472)	/	2 )
=	45.615	/	38.481
=	1.19

Lulus Fashion Lounge Holdings (NAS:LVLU) 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.

Lulus Fashion Lounge Holdings's Days Inventory for the three 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
	=	38.481	/	45.615	*	365 / 4
	=	76.98

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.

Lulus Fashion Lounge 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 )
	=	38.481	/	74.959
	=	0.51

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.

Lulus Fashion Lounge Holdings Inventory Turnover Related Terms

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Lulus Fashion Lounge Holdings (Lulus Fashion Lounge Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Lulus Fashion Lounge Holdings Inc (NAS:LVLU) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

195 Humboldt Avenue, Chico, CA, USA, 95928

Website

https://www.lulus.com

Lulus Fashion Lounge Holdings Inc is a fashion brand serving Millennial and Gen Z women. Its products include Fall Dresses, Winter Dresses, Sweater Dresses, Short Dresses, Casual Dresses, Wedding Dresses, and Denims, among others. The company generates the majority of its revenue from customers based in the United States.

Executives

Michael J Mardy	director
Kelly Ann Mccarthy	director	195 HUMBOLDT AVENUE, CHICO CA 95928
Caroline Sio-chin Sheu	director	256 WEST DATA DRIVE, DRAPER UT 84020
Tiffany Rose Smith	officer: Chief Financial Officer	195 HUMBOLDT AVENUE, CHICO CA 95928
Anisa Benita Kumar	director	195 HUMBOLDT AVENUE, CHICO CA 95928
Kira Yugay	director	C/O LULUS FASHION LOUNGE HOLDINGS, INC., 195 HUMBOLDT AVENUE, CHICO CA 95928
Dara Bazzano	director	100 NORTH SEPULVEDA BLVD., SUITE 1100, EL SEGUNDO CA 90245
David W. Mccreight	director, officer: Chief Executive Officer	C/O URBAN OUTFITTERS, INC., 5000 SOUTH BROAD STREET, PHILADELPHIA PA 19112
Danielle Qi	director	C/O LULUS FASHION LOUNGE HOLDINGS, INC., 195 HUMBOLDT AVENUE, CHICO CA 95928
Canada Pension Plan Investment Board	10 percent owner	ONE QUEEN STREET EAST, STE 2500, TORONTO ONTARIO A6 0000
Norman A Fogelsong	10 percent owner	C/O IVP, 3000 SAND HILL ROAD, 2-250, MENLO PARK CA 94025
Dennis B Phelps	10 percent owner	3000 SAND HILL ROAD, 2-250, MENLO PARK CA 94025
Stephen J Harrick	10 percent owner	3000 SAND HILL ROAD, 2-250, MENLO PARK CA 94025
Crystal Landsem	officer: See Remarks	C/O LULUS FASHION LOUNGE HOLDINGS, INC., 195 HUMBOLDT AVENUE, CHICO CA 95928
Mark Vos	officer: See Remarks	C/O LULUS FASHION LOUNGE HOLDINGS, INC., 195 HUMBOLDT AVENUE, CHICO CA 95928