Card Factory (LSE:CARD) Inventory Turnover : 3.75 (As of Jan. 2024)

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What is Card Factory 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. Card Factory's Cost of Goods Sold for the six months ended in Jan. 2024 was £186.5 Mil. Card Factory's Average Total Inventories for the quarter that ended in Jan. 2024 was £49.8 Mil. Card Factory's Inventory Turnover for the quarter that ended in Jan. 2024 was 3.75.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Card Factory's Days Inventory for the six months ended in Jan. 2024 was 48.68.

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. Card Factory's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.17.

Card Factory Inventory Turnover Historical Data

The historical data trend for Card Factory'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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Card Factory Inventory Turnover Chart

Card Factory Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Inventory Turnover

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4.70

4.53

7.13

7.72

6.84

Card Factory Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Inventory Turnover	Get a 7-Day Free Trial															4.51	3.33	3.73	2.94	3.75

Card Factory Inventory Turnover Calculation

Card Factory's Inventory Turnover for the fiscal year that ended in Jan. 2024 is calculated as

	Inventory Turnover (A: Jan. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jan. 2024 )	/ (	(Total Inventories (A: Jan. 2023 )	+	Total Inventories (A: Jan. 2024 ))	/	count )
=	326	/ (	(45.3	+	50)	/	2 )
=	326	/	47.65
=	6.84

Card Factory's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

	Inventory Turnover (Q: Jan. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jan. 2024 )	/ (	(Total Inventories (Q: Jul. 2023 )	+	Total Inventories (Q: Jan. 2024 ))	/	count )
=	186.5	/ (	(49.5	+	50)	/	2 )
=	186.5	/	49.75
=	3.75

Card Factory (LSE:CARD) 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.

Card Factory's Days Inventory for the six months ended in Jan. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jan. 2024 )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
	=	49.75	/	186.5	*	365 / 2
	=	48.68

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.

Card Factory's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jan. 2024 )	/	Revenue (Q: Jan. 2024 )
	=	49.75	/	290.1
	=	0.17

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.

Card Factory Inventory Turnover Related Terms

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Card Factory (LSE:CARD) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Card Factory PLC (LSE:CARD) » Definitions » Inventory Turnover

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CARDl:UK

Address

Century House, Brunel Road, 41 Industrial Estate, Wakefield, West Yorkshire, GBR, WF2 0XG

Website

https://www.cardfactory.co.uk

Card Factory PLC is a British retailer of greeting cards. Its products are offered via stores present in the United Kingdom, as well as online through websites: Card Factory and Getting Personal. The company's strategy is to provide high-quality cards at affordable prices. Less than 50% of sales come from gift dressings, small gifts, and party items. The business model is vertically integrated. It has an in-house design team, a printing facility, and a central warehousing facility.