SSUNF (SIGNA Sports United NV) Inventory Turnover: 1.29 (As of Mar. 2023)


What is SIGNA Sports United NV Inventory Turnover?

SIGNA Sports United NV SSUNF Inventory Turnover is 1.29 as of Mar. 2023.

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. SIGNA Sports United NV's Cost of Goods Sold for the six months ended in Mar. 2023 was $370 Mil. SIGNA Sports United NV's Average Total Inventories for the quarter that ended in Mar. 2023 was $286 Mil. SIGNA Sports United NV's Inventory Turnover for the quarter that ended in Mar. 2023 was 1.29.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. SIGNA Sports United NV's Days Inventory for the six months ended in Mar. 2023 was 141.13.

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. SIGNA Sports United NV's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 0.60.

SIGNA Sports United NV  (OTCPK:SSUNF) 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.

SIGNA Sports United NV's Days Inventory for the six months ended in Mar. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2023 )/Cost of Goods Sold (Q: Mar. 2023 )*Days in Period
=285.8145/369.593*365 / 2
=141.13

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.

SIGNA Sports United NV's Inventory to Revenue for the quarter that ended in Mar. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2023 ) / Revenue (Q: Mar. 2023 )
=285.8145 / 472.591
=0.60

* 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.

SIGNA Sports United NV Inventory Turnover Related Terms

SIGNA Sports United NV Inventory Turnover Historical Data

* Premium members only.

The historical data trend for SIGNA Sports United NV'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.

SIGNA Sports United NV Inventory Turnover Chart

SIGNA Sports United NV Annual Data
Trend Sep19 Sep20 Sep21 Sep22
Inventory Turnover
2.55 2.99 3.01 2.70

SIGNA Sports United NV Semi-Annual Data
Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23
Inventory Turnover Get a 7-Day Free Trial 1.43 1.49 1.12 1.27 1.29

SIGNA Sports United NV Inventory Turnover Calculation

SIGNA Sports United NV's Inventory Turnover for the fiscal year that ended in Sep. 2022 is calculated as

Inventory Turnover (A: Sep. 2022 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Sep. 2022 ) / ((Total Inventories (A: Sep. 2021 ) + Total Inventories (A: Sep. 2022 )) / count )
=687.921 / ((214 + 296.04) / 2 )
=687.921 / 255.02
=2.70

SIGNA Sports United NV's Inventory Turnover for the quarter that ended in Mar. 2023 is calculated as

Inventory Turnover (Q: Mar. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2023 ) / ((Total Inventories (Q: Sep. 2022 ) + Total Inventories (Q: Mar. 2023 )) / count )
=369.593 / ((296.04 + 275.589) / 2 )
=369.593 / 285.8145
=1.29

* 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 1.29 mean?
SIGNA Sports United NV (SSUNF) has a Inventory Turnover of 1.29 as of Mar. 2023. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on SIGNA Sports United NV and its competitors.
Is SIGNA Sports United NV's Inventory Turnover too high?
SIGNA Sports United NV's current Inventory Turnover is 1.29.
How does SIGNA Sports United NV's Inventory Turnover compare to POL and GHST?
SIGNA Sports United NV's Inventory Turnover of 1.29 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 SIGNA Sports United NV and its competitors. SIGNA Sports United NV's current Inventory Turnover is 1.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SIGNA Sports United NV stock overvalued right now?
SIGNA Sports United NV (SSUNF) has a current Inventory Turnover of 1.29. The current Inventory Turnover is 1.29. 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 SIGNA Sports United NV (SSUNF), the current Inventory Turnover is 1.29 as of Mar. 2023. 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.

SIGNA Sports United NV Business Description

Address Kantstrasse 164, Upper West, Berlin, DEU, 10623
SIGNA Sports United NV is a group of specialist sports webshops powered by its sports commerce and technology platform. The company's segment includes Tennis; Bike and Outdoor and Teamsport. It generates maximum revenue from the Bike and Outdoor segment. Geographically, it derives a majority of revenue from Germany.