GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Character Group (The) PLC (LSE:CCT) » Definitions » Inventory Turnover

Character Group (The) (LSE:CCT) Inventory Turnover : 2.82 (As of Feb. 2024)


View and export this data going back to 1995. Start your Free Trial

What is Character Group (The) 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. Character Group (The)'s Cost of Goods Sold for the six months ended in Feb. 2024 was £41.9 Mil. Character Group (The)'s Average Total Inventories for the quarter that ended in Feb. 2024 was £14.8 Mil. Character Group (The)'s Inventory Turnover for the quarter that ended in Feb. 2024 was 2.82.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Character Group (The)'s Days Inventory for the six months ended in Feb. 2024 was 64.62.

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. Character Group (The)'s Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 0.26.

Character Group (The) Inventory Turnover Historical Data

The historical data trend for Character Group (The)'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.

Character Group (The) Inventory Turnover Chart

Character Group (The) Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.78 5.05 7.77 7.29 4.07

Character Group (The) Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.74 3.02 1.91 2.63 2.82

Character Group (The) Inventory Turnover Calculation

Character Group (The)'s Inventory Turnover for the fiscal year that ended in Aug. 2023 is calculated as

Inventory Turnover (A: Aug. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Aug. 2023 ) / ((Total Inventories (A: Aug. 2022 ) + Total Inventories (A: Aug. 2023 )) / count )
=89.805 / ((26.173 + 17.955) / 2 )
=89.805 / 22.064
=4.07

Character Group (The)'s Inventory Turnover for the quarter that ended in Feb. 2024 is calculated as

Inventory Turnover (Q: Feb. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Feb. 2024 ) / ((Total Inventories (Q: Aug. 2023 ) + Total Inventories (Q: Feb. 2024 )) / count )
=41.926 / ((17.955 + 11.735) / 2 )
=41.926 / 14.845
=2.82

* 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.

Character Group (The)  (LSE:CCT) 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.

Character Group (The)'s Days Inventory for the six months ended in Feb. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Feb. 2024 )/Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=14.845/41.926*365 / 2
=64.62

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.

Character Group (The)'s Inventory to Revenue for the quarter that ended in Feb. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Feb. 2024 ) / Revenue (Q: Feb. 2024 )
=14.845 / 57.615
=0.26

* 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.

Character Group (The) Inventory Turnover Related Terms

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

Character Group (The) (LSE:CCT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Character Group (The) PLC (LSE:CCT) » Definitions » Inventory Turnover
Comparable Companies
LSE:HRN LSE:XPF LSE:TND LSE:GFIN LSE:GYM LSE:TUNE TSE:4661 HKSE:02020 LSE:CCL TSE:7309 TSE:7832 HAS AS HKSE:02331 MAT HKSE:09992 PLNT LSE:GAW GOLF SZSE:300144
Traded in Other Exchanges
CCT.GB:UK
Address
86-88 Coombe Road, 2nd Floor, New Malden, Surrey, GBR, KT3 4QS
Website
http://www.thecharacter.com
Character Group (The) PLC designs, manufactures, and distributes various games, and gifts based on television and cartoon characters. The company operates in the United Kingdom and other parts of the World under the brand name Peppa Pig, Bluey, Pokemon, My Little Pony, and others. Its geographical segments include the United Kingdom, the Far East, and Scandinavia. The company earns maximu revenue from Far East.