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Pepkor Holdings (JSE:PPH) Inventory Turnover : 1.64 (As of Sep. 2023)


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What is Pepkor 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. Pepkor Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was R28,042 Mil. Pepkor Holdings's Average Total Inventories for the quarter that ended in Sep. 2023 was R17,112 Mil. Pepkor Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 was 1.64.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Pepkor Holdings's Days Inventory for the six months ended in Sep. 2023 was 111.37.

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. Pepkor Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.39.


Pepkor Holdings Inventory Turnover Historical Data

The historical data trend for Pepkor 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.

* Premium members only.

Pepkor Holdings Inventory Turnover Chart

Pepkor Holdings Annual Data
Trend Jun15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only 2.93 3.61 4.01 3.45 3.31

Pepkor Holdings Semi-Annual Data
Jun15 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.92 1.89 1.56 1.65 1.64

Pepkor Holdings Inventory Turnover Calculation

Pepkor Holdings'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 )
=56370 / ((17066 + 16974) / 2 )
=56370 / 17020
=3.31

Pepkor Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover (Q: Sep. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2023 ) / ((Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count )
=28042 / ((17250 + 16974) / 2 )
=28042 / 17112
=1.64

* 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.


Pepkor Holdings  (JSE:PPH) 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.

Pepkor Holdings's Days Inventory for the six months ended in Sep. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=17112/28042*365 / 2
=111.37

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.

Pepkor Holdings's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=17112 / 43603
=0.39

* 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.


Pepkor Holdings Inventory Turnover Related Terms

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Pepkor Holdings (JSE:PPH) Business Description

Traded in Other Exchanges
Address
36 Stellenberg Road, Parow Industria, Cape Town, WC, ZAF, 7493
Pepkor Holdings Ltd is an operator of a chain of retail stores based in Parow East, South Africa. The company functions offer segments that include clothing and general merchandise, furniture, appliances and electronics, building materials and fintech, it generates the vast majority of its revenue from the clothing and general merchandise segment, which consists of clothing, footwear and homeware products, fast-moving consumer specialty goods, cellular and financial services, thereby enabling its customers to get easy access to everyday products and services at adorable prices. Geographically, it generates majority of its revenue from South Africa and also operates in other countries.

Pepkor Holdings (JSE:PPH) Headlines