Giglio.com (MIL:GCOM) Inventory Turnover : 211.16 (As of Jun. 2024)

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What is Giglio.com 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. Giglio.com's Cost of Goods Sold for the six months ended in Jun. 2024 was €21.12 Mil. Giglio.com's Average Total Inventories for the quarter that ended in Jun. 2024 was €0.10 Mil. Giglio.com's Inventory Turnover for the quarter that ended in Jun. 2024 was 211.16.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Giglio.com's Days Inventory for the six months ended in Jun. 2024 was 0.86.

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. Giglio.com's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.00.

Giglio.com Inventory Turnover Historical Data

The historical data trend for Giglio.com'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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Giglio.com Inventory Turnover Chart

Giglio.com Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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461.44

570.20

975.71

860.12

559.73

Giglio.com Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Inventory Turnover	Get a 7-Day Free Trial					325.89	320.01	305.20	272.68	211.16

Giglio.com Inventory Turnover Calculation

Giglio.com'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 )
=	52.615	/ (	(0.078	+	0.11)	/	2 )
=	52.615	/	0.094
=	559.73

Giglio.com'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: Dec. 2023 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )
=	21.116	/ (	(0.11	+	0.09)	/	2 )
=	21.116	/	0.1
=	211.16

Giglio.com (MIL:GCOM) 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.

Giglio.com's Days Inventory for the six 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
	=	0.1	/	21.116	*	365 / 2
	=	0.86

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.

Giglio.com'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 )
	=	0.1	/	22.616
	=	0.00

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.

Giglio.com Inventory Turnover Related Terms

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Giglio.com Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Giglio.com (MIL:GCOM) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

5JR0:Germany

Address

Via Giovanni Ferro Luzzi 3, Palermo, ITA, 90143

Website

https://www.giglio.com

Giglio.com is an independent fashion destination. It offers around 300 of the most prestigious fashion and luxury brands for women, men and children, reaching customers in over 150 countries. The products are offered under the brand such as Gucci, Bottega Veneta, Fendi, Valentino, Burberry, Max Mara, Balenciaga, Saint Laurent, Prada and Balmain.

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