Nu Skin Enterprises (STU:NUS) Inventory Turnover : 0.45 (As of Mar. 2024)

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What is Nu Skin Enterprises 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. Nu Skin Enterprises's Cost of Goods Sold for the three months ended in Mar. 2024 was €113 Mil. Nu Skin Enterprises's Average Total Inventories for the quarter that ended in Mar. 2024 was €250 Mil. Nu Skin Enterprises's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.45.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nu Skin Enterprises's Days Inventory for the three months ended in Mar. 2024 was 201.45.

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. Nu Skin Enterprises's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.65.

Nu Skin Enterprises Inventory Turnover Historical Data

The historical data trend for Nu Skin Enterprises'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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Nu Skin Enterprises Inventory Turnover Chart

Nu Skin Enterprises Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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2.06

2.13

1.95

1.75

1.92

Nu Skin Enterprises Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															0.37	0.36	0.63	0.47	0.45

Nu Skin Enterprises Inventory Turnover Calculation

Nu Skin Enterprises'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 )
=	561.066	/ (	(326.797	+	256.74)	/	2 )
=	561.066	/	291.7685
=	1.92

Nu Skin Enterprises'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: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	113.383	/ (	(256.74	+	243.892)	/	2 )
=	113.383	/	250.316
=	0.45

Nu Skin Enterprises (STU:NUS) 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.

Nu Skin Enterprises's Days Inventory for the three 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
	=	250.316	/	113.383	*	365 / 4
	=	201.45

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.

Nu Skin Enterprises'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 )
	=	250.316	/	383.922
	=	0.65

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.

Nu Skin Enterprises Inventory Turnover Related Terms

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Nu Skin Enterprises (STU:NUS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nu Skin Enterprises Inc (STU:NUS) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

NUS:USA NUS:Germany

Address

75 West Center Street, Provo, UT, USA, 84601

Website

https://www.nuskin.com

Nu Skin Enterprises Inc is a health and beauty direct-selling company with a comprehensive product line: anti-aging skin products; peels, masks, and scrubs; moisturizers; body care; hair care; men's care; oral care; sun protection; and cosmetics. The company has three main product divisions: anti-aging, skin, and pharmaceuticals. The pharmaceuticals division offers nutritionals, weight-management products, and food supplements. The company has operations internationally, in more than 50 countries across the Americas, Europe, and the Asia-Pacific.