PIKM (Kidpik) Inventory Turnover: 0.09 (As of Sep. 2024)


PIKM Kidpik Corp PIKM
16 GF Score
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What is Kidpik Inventory Turnover?

Kidpik PIKM 16 Inventory Turnover is 0.09 as of Sep. 2024. GuruFocus rates PIKM with a GF Score™ of 16/100.

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. Kidpik's Cost of Goods Sold for the three months ended in Sep. 2024 was $0.33 Mil. Kidpik's Average Total Inventories for the quarter that ended in Sep. 2024 was $3.64 Mil. Kidpik's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.09.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kidpik's Days Inventory for the three months ended in Sep. 2024 was 1,011.54.

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. Kidpik's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 3.49.

Kidpik  (OTCPK:PIKM) 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.

Kidpik's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=3.636/0.328*365 / 4
=1,011.54

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.

Kidpik's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=3.636 / 1.043
=3.49

* 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.

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.

Kidpik Inventory Turnover Related Terms

Kidpik Inventory Turnover Historical Data

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The historical data trend for Kidpik'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.

Kidpik Inventory Turnover Chart

Kidpik Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
0.78 0.99 0.93 0.54 0.94

Kidpik Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.14 0.58 0.15 0.10 0.09
PIKM
16GF Score
Kidpik Corp PIKM
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Kidpik Inventory Turnover Calculation

Kidpik'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 )
=8.229 / ((12.626 + 4.855) / 2 )
=8.229 / 8.7405
=0.94

Kidpik's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover (Q: Sep. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2024 ) / ((Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count )
=0.328 / ((3.8 + 3.472) / 2 )
=0.328 / 3.636
=0.09

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 0.09 mean?
Kidpik (PIKM) has a Inventory Turnover of 0.09 as of Sep. 2024. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Kidpik and its competitors.
Is Kidpik's Inventory Turnover too high?
Kidpik's current Inventory Turnover is 0.09. Overall, Kidpik has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Kidpik's Inventory Turnover compare to AMZN and BABA?
Kidpik's Inventory Turnover of 0.09 can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Retail - Cyclical company?
A good Inventory Turnover depends on the Retail - Cyclical industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Kidpik and its competitors. Kidpik's current Inventory Turnover is 0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kidpik stock overvalued right now?
Kidpik (PIKM) has a current Inventory Turnover of 0.09. The current Inventory Turnover is 0.09. Kidpik's overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Kidpik (PIKM), the current Inventory Turnover is 0.09 as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Kidpik Business Description

Address 200 Park Avenue South, 3rd Floor, New York, NY, USA, 10003
Kidpik Corp is a subscription-based e-commerce business geared toward kid products for girl's and boy's apparel, footwear, and accessories. The Company serves its customers through the clothing subscription box business, its retail website and 3rd party websites. It makes shopping easy, convenient, and accessible for parents by delivering, in a box, fashionable and personalized outfits for kids. kidpik provides kids clothing subscription boxes for boys and girls of varying sizes from toddler to youth that includes mix-and-match coordinated outfits that are personalized based on each member's style preferences. The company focuses on providing entire outfits from head-to-toe (including shoes) by designing each seasonal collection in-house from concept to box.
16GF Score

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Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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