Levi Strauss (STU:LV2B) Inventory Turnover : 0.53 (As of Feb. 2024)

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What is Levi Strauss 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. Levi Strauss's Cost of Goods Sold for the three months ended in Feb. 2024 was €604 Mil. Levi Strauss's Average Total Inventories for the quarter that ended in Feb. 2024 was €1,129 Mil. Levi Strauss's Inventory Turnover for the quarter that ended in Feb. 2024 was 0.53.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Levi Strauss's Days Inventory for the three months ended in Feb. 2024 was 170.72.

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. Levi Strauss's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 0.78.

Levi Strauss Inventory Turnover Historical Data

The historical data trend for Levi Strauss'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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Levi Strauss Inventory Turnover Chart

Levi Strauss Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Inventory Turnover

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3.05

2.38

2.86

2.36

1.91

Levi Strauss Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Inventory Turnover	Get a 7-Day Free Trial															0.53	0.41	0.50	0.52	0.53

Levi Strauss Inventory Turnover Calculation

Levi Strauss's Inventory Turnover for the fiscal year that ended in Nov. 2023 is calculated as

	Inventory Turnover (A: Nov. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Nov. 2023 )	/ (	(Total Inventories (A: Nov. 2022 )	+	Total Inventories (A: Nov. 2023 ))	/	count )
=	2460.889	/ (	(1389.881	+	1192.052)	/	2 )
=	2460.889	/	1290.9665
=	1.91

Levi Strauss's Inventory Turnover for the quarter that ended in Feb. 2024 is calculated as

	Inventory Turnover (Q: Feb. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Feb. 2024 )	/ (	(Total Inventories (Q: Nov. 2023 )	+	Total Inventories (Q: Feb. 2024 ))	/	count )
=	603.57	/ (	(1192.052	+	1066.421)	/	2 )
=	603.57	/	1129.2365
=	0.53

Levi Strauss (STU:LV2B) 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.

Levi Strauss's Days Inventory for the three months ended in Feb. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Feb. 2024 )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
	=	1129.2365	/	603.57	*	365 / 4
	=	170.72

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.

Levi Strauss's Inventory to Revenue for the quarter that ended in Feb. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Feb. 2024 )	/	Revenue (Q: Feb. 2024 )
	=	1129.2365	/	1443.895
	=	0.78

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.

Levi Strauss Inventory Turnover Related Terms

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Levi Strauss (STU:LV2B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Levi Strauss & Co (STU:LV2B) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

LEVI:USA LEVI:Mexico LV2B:Germany LV2B:Germany LEVI:Austria

Address

1155 Battery Street, San Francisco, CA, USA, 94111

Website

https://www.levistrauss.com

Levi Strauss & Co is involved in designing, marketing, and selling products that include jeans, casual and dresses pants, tops, shorts, skirts, jackets, footwear, and related accessories directly or through third parties and licensees for men, women, and children under Levi's, Dockers, Signature by Levi Strauss & Co. and Denizen brands. The company manages its business according to three regional segments: the Americas, which is the key revenue driver; Europe; and Asia.

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