Acushnet Holdings (STU:163) Inventory Turnover : 0.57 (As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Acushnet Holdings 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. Acushnet Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was €303 Mil. Acushnet Holdings's Average Total Inventories for the quarter that ended in Mar. 2024 was €529 Mil. Acushnet Holdings's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.57.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Acushnet Holdings's Days Inventory for the three months ended in Mar. 2024 was 159.31.

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. Acushnet Holdings's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.81.

Acushnet Holdings Inventory Turnover Historical Data

The historical data trend for Acushnet Holdings'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.

* Premium members only.

Acushnet Holdings Inventory Turnover Chart

Acushnet Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

2.15

1.97

2.76

2.05

1.72

Acushnet Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															0.49	0.53	0.53	0.35	0.57

Acushnet Holdings Inventory Turnover Calculation

Acushnet Holdings'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 )
=	1035.736	/ (	(636.902	+	564.446)	/	2 )
=	1035.736	/	600.674
=	1.72

Acushnet Holdings's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	303.246	/ (	(564.446	+	494.419)	/	2 )
=	303.246	/	529.4325
=	0.57

Acushnet Holdings (STU:163) 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.

Acushnet Holdings's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	529.4325	/	303.246	*	365 / 4
	=	159.31

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.

Acushnet Holdings's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	529.4325	/	650.95
	=	0.81

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.

Acushnet Holdings Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Acushnet Holdings's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Acushnet Holdings (STU:163) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Acushnet Holdings Corp (STU:163) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

GOLF:USA 163:Germany

Address

333 Bridge Street, Fairhaven, MA, USA, 02719

Website

https://www.acushnetholdingscorp.com

Acushnet Holdings Corp is engaged in the design, development, manufacture, and distribution of golf products. Its product category includes golf balls, golf shoes, golf clubs, wedges, putters, golf gloves, golf gear and golf wear, of which key revenue is derived from the sales of golf balls and golf gloves. The operating segments of the company are Titleist golf balls, Titleist golf clubs, Titleist golf gear and FootJoy golf wear. The company operates in the United States, EMEA, Japan, Korea and other countries, of which a majority of the revenue is generated from the operations in the United States.

Acushnet Holdings (STU:163) Headlines

No Headlines