Church & Dwight Co (XSWX:CHD) Inventory Turnover : 1.37 (As of Mar. 2024)

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What is Church & Dwight Co 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. Church & Dwight Co's Cost of Goods Sold for the three months ended in Mar. 2024 was CHF725 Mil. Church & Dwight Co's Average Total Inventories for the quarter that ended in Mar. 2024 was CHF530 Mil. Church & Dwight Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.37.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Church & Dwight Co's Days Inventory for the three months ended in Mar. 2024 was 66.64.

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. Church & Dwight Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.40.

Church & Dwight Co Inventory Turnover Historical Data

The historical data trend for Church & Dwight Co'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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Church & Dwight Co Inventory Turnover Chart

Church & Dwight Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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5.91

5.60

5.78

5.32

5.01

Church & Dwight Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															1.24	1.21	1.20	1.29	1.37

Church & Dwight Co Inventory Turnover Calculation

Church & Dwight Co'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 )
=	2836.025	/ (	(602.373	+	530.382)	/	2 )
=	2836.025	/	566.3775
=	5.01

Church & Dwight Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	725.364	/ (	(530.382	+	529.072)	/	2 )
=	725.364	/	529.727
=	1.37

Church & Dwight Co (XSWX:CHD) 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.

Church & Dwight Co's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	529.727	/	725.364	*	365 / 4
	=	66.64

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.

Church & Dwight Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	529.727	/	1335.832
	=	0.40

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.

Church & Dwight Co Inventory Turnover Related Terms

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Church & Dwight Co (XSWX:CHD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Church & Dwight Co Inc (XSWX:CHD) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

CHD:USA CHD:Mexico CXU:Germany

Address

500 Charles Ewing Boulevard, Ewing, NJ, USA, 08628

Website

https://www.churchdwight.com

Church & Dwight is the leading global producer of baking soda. Beyond baking soda, the products in its portfolio have vast category reach, including laundry products, cat litter, oral care, deodorant, and nasal care, all sold under the Arm & Hammer brand. Its mix also includes Xtra, Trojan, OxiClean, First Response, Nair, L'il Critters/Vitafusion, Orajel, and WaterPik, which together with Arm & Hammer constitute more than 80% of its annual sales and profits. In early 2019, the firm announced the addition of Flawless, which manufactures electric shaving products for women. At the end of 2020, the firm acquired Zicam, a leading brand in the cough/cold-shortening category. Church & Dwight derives more than 80% of its sales from its home market in the U.S.