Grupo Sports WorldB de CV (MEX:SPORTS) Inventory Turnover : 0.00 (As of Jun. 2024)

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What is Grupo Sports WorldB de CV 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. Grupo Sports WorldB de CV's Cost of Goods Sold for the three months ended in Jun. 2024 was MXN0 Mil. Grupo Sports WorldB de CV's Average Total Inventories for the quarter that ended in Jun. 2024 was MXN4 Mil. Grupo Sports WorldB de CV's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.00.

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. Grupo Sports WorldB de CV's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.01.

Grupo Sports WorldB de CV Inventory Turnover Historical Data

The historical data trend for Grupo Sports WorldB de CV'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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Grupo Sports WorldB de CV Inventory Turnover Chart

Grupo Sports WorldB de CV Annual Data

Trend

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Dec23

Inventory Turnover

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Grupo Sports WorldB de CV Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Grupo Sports WorldB de CV Inventory Turnover Calculation

Grupo Sports WorldB de CV'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 )
=	0	/ (	(1.464	+	6.042)	/	2 )
=	0	/	3.753
=	0.00

Grupo Sports WorldB de CV's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

	Inventory Turnover (Q: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2024 )	/ (	(Total Inventories (Q: Mar. 2024 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )
=	0	/ (	(4.352	+	3.019)	/	2 )
=	0	/	3.6855
=	0.00

Grupo Sports WorldB de CV (MEX:SPORTS) 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.

Grupo Sports WorldB de CV's Days Inventory for the three months ended in Jun. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2024 )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
	=	3.6855	/	0	*	365 / 4
	=

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.

Grupo Sports WorldB de CV's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	3.6855	/	512.188
	=	0.01

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.

Grupo Sports WorldB de CV Inventory Turnover Related Terms

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Grupo Sports WorldB de CV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Grupo Sports World SAB de CV (MEX:SPORTS) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

Avenue Vasco de Quiroga No. 3880, Level 2, Santa Fe, DF, MEX, 05348

Website

http://www.sportsworld.com.mx

Grupo Sports World SAB de CV is an operator of family sports clubs in Mexico and the only public company in the Wellness industry in Latin America. The company offers a wide range of activities and sports programs focused on the specific needs and demands of clients, as well as training, health and nutrition services in accordance with the latest international trends in the industry.

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