Pet Service Holding NV (XPAR:MLPET) Inventory Turnover : 5.37 (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Pet Service Holding NV 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. Pet Service Holding NV's Cost of Goods Sold for the six months ended in Dec. 2023 was €0.79 Mil. Pet Service Holding NV's Average Total Inventories for the quarter that ended in Dec. 2023 was €0.15 Mil. Pet Service Holding NV's Inventory Turnover for the quarter that ended in Dec. 2023 was 5.37.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Pet Service Holding NV's Days Inventory for the six months ended in Dec. 2023 was 33.97.

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. Pet Service Holding NV's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.12.

Pet Service Holding NV Inventory Turnover Historical Data

The historical data trend for Pet Service Holding NV'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.

Pet Service Holding NV Inventory Turnover Chart

Pet Service Holding NV Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

1.75

5.98

5.37

Pet Service Holding NV Semi-Annual Data
	Dec19	Dec20	Dec21	Dec22	Dec23
Inventory Turnover	-	-	1.75	5.98	5.37

Pet Service Holding NV Inventory Turnover Calculation

Pet Service Holding NV'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 )
=	0.787	/ (	(0.182	+	0.111)	/	2 )
=	0.787	/	0.1465
=	5.37

Pet Service Holding NV'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: Dec. 2022 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	0.787	/ (	(0.182	+	0.111)	/	2 )
=	0.787	/	0.1465
=	5.37

Pet Service Holding NV (XPAR:MLPET) 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.

Pet Service Holding NV's Days Inventory for the six 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
	=	0.1465	/	0.787	*	365 / 2
	=	33.97

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.

Pet Service Holding NV'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 )
	=	0.1465	/	1.208
	=	0.12

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.

Pet Service Holding NV Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Pet Service Holding NV's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Pet Service Holding NV (XPAR:MLPET) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Pet Service Holding NV (XPAR:MLPET) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Industrieweg 16, Wormerveer, NLD, 1521

Website

https://www.petserviceholding.com

Pet Service Holding NV is a European provider of products and services for pets and pet owners. The company specializes in the online sale of medicines, food products, and accessories for pets. The Group operates the following online shops: Dierenapotheek.nl and Drpetcare and sells OTC Medicines for pets. The company also offers PetApp which is a smartphone application that provides users with access to an online pet supply store, storage solutions for data relating to pets, and the option to receive news and information about pet events. The Group is also actively developing a tracker for pets (the PetTracker) and intends to integrate the tracking option into the PetApp.

Pet Service Holding NV (XPAR:MLPET) Headlines

No Headlines