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Moonpig Group (FRA:769) Inventory Turnover : 5.98 (As of Oct. 2023)


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What is Moonpig 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. Moonpig Group's Cost of Goods Sold for the six months ended in Oct. 2023 was €72.8 Mil. Moonpig Group's Average Total Inventories for the quarter that ended in Oct. 2023 was €12.2 Mil. Moonpig Group's Inventory Turnover for the quarter that ended in Oct. 2023 was 5.98.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Moonpig Group's Days Inventory for the six months ended in Oct. 2023 was 30.50.

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. Moonpig Group's Inventory-to-Revenue for the quarter that ended in Oct. 2023 was 0.07.


Moonpig Group Inventory Turnover Historical Data

The historical data trend for Moonpig 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.

Moonpig Group Inventory Turnover Chart

Moonpig Group Annual Data
Trend Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Inventory Turnover
Get a 7-Day Free Trial 26.30 28.86 20.53 12.59 12.21

Moonpig Group Semi-Annual Data
Apr18 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 5.46 7.41 5.67 5.97 5.98

Moonpig Group Inventory Turnover Calculation

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

Inventory Turnover (A: Apr. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Apr. 2023 ) / ((Total Inventories (A: Apr. 2022 ) + Total Inventories (A: Apr. 2023 )) / count )
=159.514 / ((12.119 + 14.007) / 2 )
=159.514 / 13.063
=12.21

Moonpig 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 )
=72.78 / ((14.007 + 10.321) / 2 )
=72.78 / 12.164
=5.98

* 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.


Moonpig Group  (FRA:769) 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.

Moonpig Group's Days Inventory for the six 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
=12.164/72.78*365 / 2
=30.50

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.

Moonpig 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 )
=12.164 / 175.485
=0.07

* 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.


Moonpig Group Inventory Turnover Related Terms

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Moonpig Group (FRA:769) Business Description

Traded in Other Exchanges
Address
10 Back Hill, Herbal House, London, GBR, EC1R 5EN
Moonpig Group PLC operates in the gifting market. The company is engaged in the sale of greeting cards and gifts. Its operating segment includes Moonpig and Greetz. The company generates maximum revenue from the Moonpig segment. The business is spread across UK and Ireland; the Netherlands and the Rest of the World.

Moonpig Group (FRA:769) Headlines

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