PZCUY (PZ Cussons) Inventory Turnover : 1.99 (As of Nov. 2024)

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What is PZ Cussons 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. PZ Cussons's Cost of Goods Sold for the six months ended in Nov. 2024 was $185.7 Mil. PZ Cussons's Average Total Inventories for the quarter that ended in Nov. 2024 was $93.3 Mil. PZ Cussons's Inventory Turnover for the quarter that ended in Nov. 2024 was 1.99.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PZ Cussons's Days Inventory for the six months ended in Nov. 2024 was 91.68.

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. PZ Cussons's Inventory-to-Revenue for the quarter that ended in Nov. 2024 was 0.29.

PZ Cussons Inventory Turnover Historical Data

The historical data trend for PZ Cussons'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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PZ Cussons Inventory Turnover Chart

PZ Cussons Annual Data

Trend

May15

May16

May17

May18

May19

May20

May21

May22

May23

May24

Inventory Turnover

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2.97

4.02

3.40

3.56

4.41

PZ Cussons Semi-Annual Data
	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23	May24	Nov24
Inventory Turnover	Get a 7-Day Free Trial															1.73	1.56	2.34	1.98	1.99

PZ Cussons Inventory Turnover Calculation

PZ Cussons's Inventory Turnover for the fiscal year that ended in May. 2024 is calculated as

	Inventory Turnover (A: May. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: May. 2024 )	/ (	(Total Inventories (A: May. 2023 )	+	Total Inventories (A: May. 2024 ))	/	count )
=	501.643	/ (	(140.949	+	86.599)	/	2 )
=	501.643	/	113.774
=	4.41

PZ Cussons's Inventory Turnover for the quarter that ended in Nov. 2024 is calculated as

	Inventory Turnover (Q: Nov. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Nov. 2024 )	/ (	(Total Inventories (Q: May. 2024 )	+	Total Inventories (Q: Nov. 2024 ))	/	count )
=	185.733	/ (	(86.599	+	100)	/	2 )
=	185.733	/	93.2995
=	1.99

PZ Cussons (OTCPK:PZCUY) 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.

PZ Cussons's Days Inventory for the six months ended in Nov. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Nov. 2024 )	/	Cost of Goods Sold (Q: Nov. 2024 )	*	Days in Period
	=	93.2995	/	185.733	*	365 / 2
	=	91.68

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.

PZ Cussons's Inventory to Revenue for the quarter that ended in Nov. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Nov. 2024 )	/	Revenue (Q: Nov. 2024 )
	=	93.2995	/	317.58
	=	0.29

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.

PZ Cussons Inventory Turnover Related Terms

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PZ Cussons Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » PZ Cussons PLC (OTCPK:PZCUY) » Definitions » Inventory Turnover

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Traded in Other Exchanges

PZCl:UK PZC:UK 1ZQ:Germany

Address

3500 Aviator Way, Manchester Business Park, Manchester, GBR, M22 5TG

Website

https://www.pzcussons.com

PZ Cussons PLC is a household and personal-care company. Its main business categories are personal care and beauty, home care, food and nutrition, and electricals. The principal activities of the Group are the manufacture and distribution of soaps, detergents, toiletries, beauty products, pharmaceuticals, electrical goods, edible oils, fats and spreads, and nutritional products. The geographical segments of the company are Europe and the Americas, Asia Pacific, Africa, and the Central regions. The company derives its maximum revenue from Europe and the Americas.