Fila Holdings (XKRX:081660) Inventory Turnover : 0.56 (As of Sep. 2024)

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What is Fila 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. Fila Holdings's Cost of Goods Sold for the three months ended in Sep. 2024 was ₩482,292 Mil. Fila Holdings's Average Total Inventories for the quarter that ended in Sep. 2024 was ₩861,912 Mil. Fila Holdings's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.56.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Fila Holdings's Days Inventory for the three months ended in Sep. 2024 was 163.07.

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. Fila Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.82.

Fila Holdings Inventory Turnover Historical Data

The historical data trend for Fila 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.

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Fila Holdings Inventory Turnover Chart

Fila Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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2.52

2.35

2.79

2.14

1.74

Fila Holdings Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Inventory Turnover	Get a 7-Day Free Trial															0.49	0.36	0.57	0.60	0.56

Fila Holdings Inventory Turnover Calculation

Fila 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 )
=	2036405.095	/ (	(1290516.996	+	1045388.112)	/	2 )
=	2036405.095	/	1167952.554
=	1.74

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

	Inventory Turnover (Q: Sep. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	482291.659	/ (	(870078.251	+	853745.339)	/	2 )
=	482291.659	/	861911.795
=	0.56

Fila Holdings (XKRX:081660) 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.

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

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	861911.795	/	482291.659	*	365 / 4
	=	163.07

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.

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

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	861911.795	/	1049457.617
	=	0.82

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.

Fila Holdings Inventory Turnover Related Terms

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Fila Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Fila Holdings (XKRX:081660) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

1467-10, Seocho-Dong, Myeongdal-ro, Seocho-Gu, Seoul, KOR, 06713

Website

http://www.fila.co.kr

Fila Holdings is one of the leading players in the footwear industry. It deals primarily in footwear of all kinds and sportswear brands. The company owns the global Fila footwear, sportswear, intimates, and accessories business. It positions its products particularly for the age group of 18-34. Fila Korea markets its products through a network of about 500 distribution facilities, as well as nearly 300 franchised retail stores.

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