Ramsdens Holdings (LSE:RFX) Inventory Turnover : 0.77 (As of Mar. 2024)

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What is Ramsdens 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. Ramsdens Holdings's Cost of Goods Sold for the six months ended in Mar. 2024 was £21.21 Mil. Ramsdens Holdings's Average Total Inventories for the quarter that ended in Mar. 2024 was £27.50 Mil. Ramsdens Holdings's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.77.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ramsdens Holdings's Days Inventory for the six months ended in Mar. 2024 was 236.64.

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. Ramsdens Holdings's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.63.

Ramsdens Holdings Inventory Turnover Historical Data

The historical data trend for Ramsdens 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.

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Ramsdens Holdings Inventory Turnover Chart

Ramsdens Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Sep21

Sep22

Sep23

Inventory Turnover

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1.80

1.79

1.43

1.47

1.51

Ramsdens Holdings Semi-Annual Data
	Mar14	Mar15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Inventory Turnover	Get a 7-Day Free Trial												0.74	0.65	0.80	0.77	0.77

Ramsdens Holdings Inventory Turnover Calculation

Ramsdens 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 )
=	38.046	/ (	(22.764	+	27.662)	/	2 )
=	38.046	/	25.213
=	1.51

Ramsdens Holdings's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	21.212	/ (	(27.662	+	27.347)	/	2 )
=	21.212	/	27.5045
=	0.77

Ramsdens Holdings (LSE:RFX) 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.

Ramsdens Holdings's Days Inventory for the six months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	27.5045	/	21.212	*	365 / 2
	=	236.64

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.

Ramsdens Holdings's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	27.5045	/	43.759
	=	0.63

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.

Ramsdens Holdings Inventory Turnover Related Terms

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Ramsdens Holdings (LSE:RFX) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Ramsdens Holdings PLC (LSE:RFX) » Definitions » Inventory Turnover

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RSDEF:USA

Address

The Parkway Centre, Unit 16, Coulby Newham, Middlesbrough, GBR, TS8 0TJ

Website

https://www.ramsdensplc.com

Ramsdens Holdings PLC is a diversified financial services provider and retailer operating in the following core segments - Foreign currency segment which comprises the sale and purchase of foreign currency notes to holidaymakers; Pawnbroking segment, which involves providing a cash loan in return for jewellery and watches; Purchases of precious metals segment, involves buying unwanted jewellery, gold, and other precious metals from customers for cash; Retail Jewellery segment and Income from other financial services. Maximum revenue is generated by the Retail Jewellery segment. Geographically, it derives a majority of revenue from the United Kingdom.

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