ABC-Mart (STU:5B8) Inventory Turnover : 0.49 (As of Aug. 2024)

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What is ABC-Mart 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. ABC-Mart's Cost of Goods Sold for the three months ended in Aug. 2024 was €284 Mil. ABC-Mart's Average Total Inventories for the quarter that ended in Aug. 2024 was €583 Mil. ABC-Mart's Inventory Turnover for the quarter that ended in Aug. 2024 was 0.49.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. ABC-Mart's Days Inventory for the three months ended in Aug. 2024 was 187.19.

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. ABC-Mart's Inventory-to-Revenue for the quarter that ended in Aug. 2024 was 1.02.

ABC-Mart Inventory Turnover Historical Data

The historical data trend for ABC-Mart'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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ABC-Mart Inventory Turnover Chart

ABC-Mart Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Inventory Turnover

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1.97

1.62

1.91

1.83

1.78

ABC-Mart Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Inventory Turnover	Get a 7-Day Free Trial															0.39	0.39	0.48	0.48	0.49

ABC-Mart Inventory Turnover Calculation

ABC-Mart's Inventory Turnover for the fiscal year that ended in Feb. 2024 is calculated as

	Inventory Turnover (A: Feb. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Feb. 2024 )	/ (	(Total Inventories (A: Feb. 2023 )	+	Total Inventories (A: Feb. 2024 ))	/	count )
=	1044.648	/ (	(621.87	+	551.076)	/	2 )
=	1044.648	/	586.473
=	1.78

ABC-Mart's Inventory Turnover for the quarter that ended in Aug. 2024 is calculated as

	Inventory Turnover (Q: Aug. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Aug. 2024 )	/ (	(Total Inventories (Q: May. 2024 )	+	Total Inventories (Q: Aug. 2024 ))	/	count )
=	284.085	/ (	(578.759	+	586.78)	/	2 )
=	284.085	/	582.7695
=	0.49

ABC-Mart (STU:5B8) 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.

ABC-Mart's Days Inventory for the three months ended in Aug. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Aug. 2024 )	/	Cost of Goods Sold (Q: Aug. 2024 )	*	Days in Period
	=	582.7695	/	284.085	*	365 / 4
	=	187.19

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.

ABC-Mart's Inventory to Revenue for the quarter that ended in Aug. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Aug. 2024 )	/	Revenue (Q: Aug. 2024 )
	=	582.7695	/	571.525
	=	1.02

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.

ABC-Mart Inventory Turnover Related Terms

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ABC-Mart Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » ABC-Mart Inc (STU:5B8) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

2670:Japan

Address

19F Shibuya Mark City West, located on registration No. 5, No. 11 1-chome, Shibuya-ku, Tokyo, JPN, 150-0041

Website

http://www.abc-mart.co.jp

ABC-Mart Inc is a retailer that focuses on shoes, primarily selling global third-party athletic and non-athletic shoe brands such as Nike, Adidas, Asics, New Balance, Rockport, Vans, Sketchers, and Timberland. The company also develops and manufactures shoes for brands that it licenses or owns, including Danner, LaCrosse, and White's Boots. Most of the company's sales are generated in Japan, where the vast majority of ABC-Mart's stores are located. Most other company stores are located in South Korea and Taiwan.

ABC-Mart Headlines

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