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Gaucho Group Holdings (Gaucho Group Holdings) Inventory Turnover : 0.12 (As of Dec. 2023)


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What is Gaucho Group 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. Gaucho Group Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.33 Mil. Gaucho Group Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was $2.79 Mil. Gaucho Group Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.12.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Gaucho Group Holdings's Days Inventory for the three months ended in Dec. 2023 was 765.08.

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. Gaucho Group Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 5.29.


Gaucho Group Holdings Inventory Turnover Historical Data

The historical data trend for Gaucho Group 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.

Gaucho Group Holdings Inventory Turnover Chart

Gaucho Group Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.84 0.56 0.72 0.66 0.63

Gaucho Group Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.11 0.12 0.27 0.12 0.12

Gaucho Group Holdings Inventory Turnover Calculation

Gaucho Group 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 )
=1.616 / ((2.448 + 2.647) / 2 )
=1.616 / 2.5475
=0.63

Gaucho Group Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover (Q: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2023 ) / ((Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count )
=0.333 / ((2.937 + 2.647) / 2 )
=0.333 / 2.792
=0.12

* 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.


Gaucho Group Holdings  (NAS:VINO) 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.

Gaucho Group Holdings's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=2.792/0.333*365 / 4
=765.08

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.

Gaucho Group Holdings's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=2.792 / 0.528
=5.29

* 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.


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.


Gaucho Group Holdings Inventory Turnover Related Terms

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Gaucho Group Holdings (Gaucho Group Holdings) Business Description

Traded in Other Exchanges
N/A
Address
41st Street, 112 NE, Suite 106, Miami Beach, FL, USA, 33137
Gaucho Group Holdings Inc develops and operates real estate projects in Argentina. It operates a hotel, golf and tennis resort, vineyard and producing winery in addition to developing residential lots located near the resort. The company operates in three segments which are the business of real estate development and manufacture; the sale of high-end fashion and accessories through an e-commerce platform; corporate operations. It derives majority of its revenue from the Real Estate Development segment.
Executives
Hollywood Burger Holdings, Inc. 10 percent owner 112 NE 41ST STREET, SUITE 106, MIAMI FL 33137
Allen A William Iii director 1300 DOVE STREET, SUITE 105, NEWPORT BEACH CA 92660
Edie Rodriguez director 1764 VICTORIA POINTE CIRCLE, WESTON FL 33327
Reuben Cannon director 135 FIFTH AVENUE, 10TH FLOOR, NEW YORK NY 10010
Marc Dumont director 2391 QUME DRIVE, SAN JOSE CA 95131
Steven A. Moel director, other: Director of Gaucho Group, Inc. 7934 LA MIRADA DRIVE, BOCA RATON FL 33433
Scott L Mathis director, 10 percent owner, officer: See Remarks 135 5TH AVENUE, 10TH FLOOR, NEW YORK NY 10010
Keith T Fasano other: See Remarks 135 FIFTH AVENUE, FLOOR 10, NEW YORK NY 10010
Maria I. Echevarria officer: CFO 135 FIFTH AVENUE, FLOOR 10, NEW YORK NY 10010
Lawrence Peter J.l. director FLAT 6, STAVORDALE LODGE, 10-12 MELBURY ROAD, LONDON X0 W14 8LW
Julian Beale director 14 MARTIN COURT, UNIT #5, TOORAK, VICTORIA C3 3142
Wow Group, Llc 10 percent owner 135 FIFTH AVENUE, FLOOR 10, NEW YORK NY 10010
Mark G. Downey officer: CFO & COO 135 FIFTH AVENUE, FLOOR 10, NEW YORK NY 10010