Steinhoff International Holdings NV (LTS:0RDG) Inventory Turnover : 0.00 (As of Mar. 2023)

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What is Steinhoff International Holdings NV 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. Steinhoff International Holdings NV's Cost of Goods Sold for the six months ended in Mar. 2023 was €0 Mil. Steinhoff International Holdings NV's Average Total Inventories for the quarter that ended in Mar. 2023 was €2,087 Mil. Steinhoff International Holdings NV's Inventory Turnover for the quarter that ended in Mar. 2023 was 0.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

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. Steinhoff International Holdings NV's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 3.44.

Steinhoff International Holdings NV Inventory Turnover Historical Data

The historical data trend for Steinhoff International Holdings NV'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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Steinhoff International Holdings NV Inventory Turnover Chart

Steinhoff International Holdings NV Annual Data

Trend

Jun12

Jun13

Jun14

Jun15

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Inventory Turnover

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3.00

2.24

2.84

3.92

3.49

Steinhoff International Holdings NV Semi-Annual Data
	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23
Inventory Turnover	Get a 7-Day Free Trial															2.04	1.87	1.87	1.59	-

Steinhoff International Holdings NV Inventory Turnover Calculation

Steinhoff International Holdings NV's Inventory Turnover for the fiscal year that ended in Sep. 2022 is calculated as

	Inventory Turnover (A: Sep. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Sep. 2022 )	/ (	(Total Inventories (A: Sep. 2021 )	+	Total Inventories (A: Sep. 2022 ))	/	count )
=	6206	/ (	(1465	+	2087)	/	2 )
=	6206	/	1776
=	3.49

Steinhoff International Holdings NV's Inventory Turnover for the quarter that ended in Mar. 2023 is calculated as

	Inventory Turnover (Q: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2023 )	/ (	(Total Inventories (Q: Sep. 2022 )	+	Total Inventories (Q: Mar. 2023 ))	/	count )
=	0	/ (	(2087	+	0)	/	1 )
=	0	/	2087
=	0.00

Steinhoff International Holdings NV (LTS:0RDG) 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.

Steinhoff International Holdings NV's Days Inventory for the six months ended in Mar. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2023 )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
	=	2087	/	0	*	365 / 2
	=

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.

Steinhoff International Holdings NV's Inventory to Revenue for the quarter that ended in Mar. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2023 )	/	Revenue (Q: Mar. 2023 )
	=	2087	/	607
	=	3.44

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.

Steinhoff International Holdings NV Inventory Turnover Related Terms

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Steinhoff International Holdings NV (LTS:0RDG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Steinhoff International Holdings NV (LTS:0RDG) » Definitions » Inventory Turnover

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Address

Cnr Adam Tas and Devon Valley Road, Building B2, Vineyard Office Park, Stellenbosch, WC, ZAF, 7600

Website

https://www.steinhoffinternational.com

Steinhoff International Holdings NV is a global holding company with investments in retail businesses in Africa, Australasia, Europe, the United Kingdom, and the United States. The company's four business segments include Pepco Group, Greenlit Brands, Pepkor Holdings, and Group services. The majority of the revenue comes from both Pepco Group and Pepkor Holdings. Pepco Group consists of the general merchandise retail business of Pepco and Poundland. Pepkor Holdings includes retail chains predominantly selling clothing, footwear, textiles, cell phones, airtime, and fast-moving consumer goods, with its revenue mainly derived from South Africa. The holding company operates globally, with the majority of sales coming from Africa and Europe.

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