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Wynnstay Group (Wynnstay Group) Inventory Turnover : 4.97 (As of Oct. 2023)


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What is Wynnstay Group 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. Wynnstay Group's Cost of Goods Sold for the three months ended in Oct. 2023 was $350.3 Mil. Wynnstay Group's Average Total Inventories for the quarter that ended in Oct. 2023 was $70.5 Mil. Wynnstay Group's Inventory Turnover for the quarter that ended in Oct. 2023 was 4.97.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Wynnstay Group's Days Inventory for the three months ended in Oct. 2023 was 18.37.

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. Wynnstay Group's Inventory-to-Revenue for the quarter that ended in Oct. 2023 was 0.18.


Wynnstay Group Inventory Turnover Historical Data

The historical data trend for Wynnstay Group'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.

Wynnstay Group Inventory Turnover Chart

Wynnstay Group Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.94 9.84 10.43 9.42 10.80

Wynnstay Group Quarterly Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 4.54 5.02 4.56 5.97 4.97

Wynnstay Group Inventory Turnover Calculation

Wynnstay Group's Inventory Turnover for the fiscal year that ended in Oct. 2023 is calculated as

Inventory Turnover (A: Oct. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Oct. 2023 ) / ((Total Inventories (A: Oct. 2022 ) + Total Inventories (A: Oct. 2023 )) / count )
=800.035 / ((80.607 + 67.547) / 2 )
=800.035 / 74.077
=10.80

Wynnstay Group's Inventory Turnover for the quarter that ended in Oct. 2023 is calculated as

Inventory Turnover (Q: Oct. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Oct. 2023 ) / ((Total Inventories (Q: Apr. 2023 ) + Total Inventories (Q: Oct. 2023 )) / count )
=350.347 / ((73.537 + 67.547) / 2 )
=350.347 / 70.542
=4.97

* 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.


Wynnstay Group  (OTCPK:WYNSF) 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.

Wynnstay Group's Days Inventory for the three months ended in Oct. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Oct. 2023 )/Cost of Goods Sold (Q: Oct. 2023 )*Days in Period
=70.542/350.347*365 / 4
=18.37

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.

Wynnstay Group's Inventory to Revenue for the quarter that ended in Oct. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Oct. 2023 ) / Revenue (Q: Oct. 2023 )
=70.542 / 397.976
=0.18

* 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.


Wynnstay Group Inventory Turnover Related Terms

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Wynnstay Group (Wynnstay Group) Business Description

Traded in Other Exchanges
Address
Eagle House, Llansantffraid Ym Mechain, Powys, GBR, SY22 6AQ
Wynnstay Group PLC is a company that operates in the agriculture sector. It provides to farmers and rural communities, with a wide range of agricultural supplies and know-how. The company operates in two business segments, the Agriculture Division manufactures and supplies a comprehensive range of agricultural inputs to livestock and arable farmers in the UK. The Division enhances its offering by providing advice through its specialist advisory teams and Specialist Agricultural Merchanting, which supplies a range of specialist products to farmers, smallholders, pet owners; and Others. It generates maximum revenue from the Agriculture segment.

Wynnstay Group (Wynnstay Group) Headlines

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