AS Silvano Fashion Group (OTSE:SFG1T) Inventory Turnover : 0.28 (As of Dec. 2023)

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What is AS Silvano Fashion Group 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. AS Silvano Fashion Group's Cost of Goods Sold for the three months ended in Dec. 2023 was €6.19 Mil. AS Silvano Fashion Group's Average Total Inventories for the quarter that ended in Dec. 2023 was €22.34 Mil. AS Silvano Fashion Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.28.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. AS Silvano Fashion Group's Days Inventory for the three months ended in Dec. 2023 was 329.11.

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. AS Silvano Fashion Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.88.

AS Silvano Fashion Group Inventory Turnover Historical Data

The historical data trend for AS Silvano Fashion Group'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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AS Silvano Fashion Group Inventory Turnover Chart

AS Silvano Fashion Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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1.48

0.81

1.09

1.26

1.09

AS Silvano Fashion Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															0.21	0.28	0.31	0.29	0.28

AS Silvano Fashion Group Inventory Turnover Calculation

AS Silvano Fashion Group'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 )
=	24.854	/ (	(21.98	+	23.796)	/	2 )
=	24.854	/	22.888
=	1.09

AS Silvano Fashion Group'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 )
=	6.193	/ (	(20.877	+	23.796)	/	2 )
=	6.193	/	22.3365
=	0.28

AS Silvano Fashion Group (OTSE:SFG1T) 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.

AS Silvano Fashion Group'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
	=	22.3365	/	6.193	*	365 / 4
	=	329.11

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.

AS Silvano Fashion Group'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 )
	=	22.3365	/	11.858
	=	1.88

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.

AS Silvano Fashion Group Inventory Turnover Related Terms

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AS Silvano Fashion Group (OTSE:SFG1T) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » AS Silvano Fashion Group (OTSE:SFG1T) » Definitions » Inventory Turnover

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SFG:Poland

Address

Tulika 17, Tallinn, EST, 10613

Website

https://www.silvanofashion.com

AS Silvano Fashion Group is a retail brand company. It is an international lingerie distribution group involved in the design, manufacturing, and marketing of women's lingerie. Its brands include Milavitsa, Alisee, Aveline, Lauma Lingerie, Laumelle, and Hidalgo. It sells its brand products through the wholesale channel, and franchised sales, and owns retail operated under the Milavitsa and Lauma Lingerie retail chains. The operating segments of the group are Lingerie retail and Lingerie wholesale. Most of the company's revenues are a result of the operation of the Lingerie wholesale channel. It has business operations in Russia, Belarus, Ukraine, Baltics, and other countries.

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