Climb Global Solutions (STU:PYA) Inventory Turnover : 26.96 (As of Mar. 2024)

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What is Climb Global Solutions 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. Climb Global Solutions's Cost of Goods Sold for the three months ended in Mar. 2024 was €69.4 Mil. Climb Global Solutions's Average Total Inventories for the quarter that ended in Mar. 2024 was €2.6 Mil. Climb Global Solutions's Inventory Turnover for the quarter that ended in Mar. 2024 was 26.96.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Climb Global Solutions's Days Inventory for the three months ended in Mar. 2024 was 3.38.

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. Climb Global Solutions's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.03.

Climb Global Solutions Inventory Turnover Historical Data

The historical data trend for Climb Global Solutions'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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Climb Global Solutions Inventory Turnover Chart

Climb Global Solutions Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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85.16

54.92

71.72

75.14

66.56

Climb Global Solutions 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															15.73	18.54	22.53	27.15	26.96

Climb Global Solutions Inventory Turnover Calculation

Climb Global Solutions'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 )
=	263.882	/ (	(4.499	+	3.43)	/	2 )
=	263.882	/	3.9645
=	66.56

Climb Global Solutions'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 )
=	69.37	/ (	(3.43	+	1.716)	/	2 )
=	69.37	/	2.573
=	26.96

Climb Global Solutions (STU:PYA) 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.

Climb Global Solutions'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
	=	2.573	/	69.37	*	365 / 4
	=	3.38

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.

Climb Global Solutions'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 )
	=	2.573	/	85.028
	=	0.03

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.

Climb Global Solutions Inventory Turnover Related Terms

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Climb Global Solutions (STU:PYA) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Climb Global Solutions Inc (STU:PYA) » Definitions » Inventory Turnover

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CLMB:USA

Address

4 Industrial Way West, Suite 300, Eatontown, NJ, USA, 07724

Website

https://www.waysidetechnology.com

Climb Global Solutions Inc is a cloud-based, value-added IT distribution and solutions company specializing in emerging technologies. It operates across the USA, Canada, and Europe through multiple business units, including Climb Channel Solutions, Sigma, Grey Matter, Interwork, and TechXtend. The Company is organized into two reportable operating segments. The Distribution segment distributes technical software to corporate resellers, value added resellers (VARs), consultants and systems integrators under the name Climb Channel Solutions. The Solutions segment is a cloud solutions provider and value-added reseller of software, hardware and services to customers under the names Grey Matter.

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