The Artisanal Spirits Co (LSE:ART) Inventory Turnover : 0.15 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is The Artisanal Spirits 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. The Artisanal Spirits Co's Cost of Goods Sold for the six months ended in Dec. 2023 was £4.49 Mil. The Artisanal Spirits Co's Average Total Inventories for the quarter that ended in Dec. 2023 was £30.17 Mil. The Artisanal Spirits Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.15.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. The Artisanal Spirits Co's Days Inventory for the six months ended in Dec. 2023 was 1,227.53.

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. The Artisanal Spirits Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 2.27.

The Artisanal Spirits Co Inventory Turnover Historical Data

The historical data trend for The Artisanal Spirits 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.

* Premium members only.

The Artisanal Spirits Co Inventory Turnover Chart

The Artisanal Spirits Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

0.32

0.29

0.31

0.29

The Artisanal Spirits Co Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial					0.18	0.15	0.15	0.14	0.15

The Artisanal Spirits Co Inventory Turnover Calculation

The Artisanal Spirits 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 )
=	8.499	/ (	(28.303	+	30.564)	/	2 )
=	8.499	/	29.4335
=	0.29

The Artisanal Spirits Co'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: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	4.485	/ (	(29.77	+	30.564)	/	2 )
=	4.485	/	30.167
=	0.15

The Artisanal Spirits Co (LSE:ART) 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.

The Artisanal Spirits Co'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
	=	30.167	/	4.485	*	365 / 2
	=	1,227.53

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.

The Artisanal Spirits Co'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 )
	=	30.167	/	13.274
	=	2.27

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.

The Artisanal Spirits Co Inventory Turnover Related Terms

Thank you for viewing the detailed overview of The Artisanal Spirits Co's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

The Artisanal Spirits Co (LSE:ART) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » The Artisanal Spirits Co PLC (LSE:ART) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

045:Germany

Address

87 Giles Street, The Vaults, Edinburgh, GBR, EH6 6BZ

Website

https://www.artisanal-spirits.com

The Artisanal Spirits Co PLC is a curator and provider of premium single cask Scotch malt whisky and other spirits for sale primarily online to a discerning global membership. It offers a range of other spirits such as single cask Bourbon, Indian and Japanese whisky, as well as single cask Armagnac, Cognac, gin and rum. Its operations are predominantly based in the UK with the Group also generating revenues across several international markets, including China, the USA, Germany, France, Sweden, Japan, Australia, and Taiwan.

The Artisanal Spirits Co (LSE:ART) Headlines

No Headlines