Willdale (XZIM:WILD.ZW) Inventory Turnover : 3.30 (As of Mar. 2024)

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What is Willdale 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. Willdale's Cost of Goods Sold for the six months ended in Mar. 2024 was ZWG546.6 Mil. Willdale's Average Total Inventories for the quarter that ended in Mar. 2024 was ZWG165.5 Mil. Willdale's Inventory Turnover for the quarter that ended in Mar. 2024 was 3.30.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Willdale's Days Inventory for the six months ended in Mar. 2024 was 55.27.

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. Willdale's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.29.

Willdale Inventory Turnover Historical Data

The historical data trend for Willdale'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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Willdale Inventory Turnover Chart

Willdale Annual Data

Trend

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Inventory Turnover

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2.13

1.73

3.07

3.71

2.82

Willdale Semi-Annual Data
	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Inventory Turnover	Get a 7-Day Free Trial							1.79	3.75	18.48	-6.80	3.30

Willdale Inventory Turnover Calculation

Willdale's Inventory Turnover for the fiscal year that ended in Sep. 2023 is calculated as

	Inventory Turnover (A: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Sep. 2023 )	/ (	(Total Inventories (A: Sep. 2022 )	+	Total Inventories (A: Sep. 2023 ))	/	count )
=	82.175	/ (	(19.034	+	39.288)	/	2 )
=	82.175	/	29.161
=	2.82

Willdale'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: Sep. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	546.554	/ (	(39.288	+	291.753)	/	2 )
=	546.554	/	165.5205
=	3.30

Willdale (XZIM:WILD.ZW) 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.

Willdale's Days Inventory for the six 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
	=	165.5205	/	546.554	*	365 / 2
	=	55.27

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.

Willdale'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 )
	=	165.5205	/	578.671
	=	0.29

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.

Willdale Inventory Turnover Related Terms

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Willdale Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Willdale Ltd (XZIM:WILD.ZW) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

19.5km Peg Lomagundi Road, Mount Hampden, Harare, ZWE

Website

https://www.willdale.co.zw

Willdale Ltd is a clay brick manufacturer and distributor in Zimbabwe. Its clay brick products portfolio includes Blue Heart, Blue Multi, Blue Smooth, Cinker, Dark Splashed, Rustic, window Cill, Red Defour, Plum, and others. Geographically company has a presence in Zimbabwe.

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