Camping World Holdings (LTS:0HSU) Inventory Turnover : 0.65 (As of Sep. 2024)

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What is Camping World 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. Camping World Holdings's Cost of Goods Sold for the three months ended in Sep. 2024 was $1,226 Mil. Camping World Holdings's Average Total Inventories for the quarter that ended in Sep. 2024 was $1,898 Mil. Camping World Holdings's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.65.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Camping World Holdings's Days Inventory for the three months ended in Sep. 2024 was 141.22.

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. Camping World Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 1.10.

Camping World Holdings Inventory Turnover Historical Data

The historical data trend for Camping World 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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Camping World Holdings Inventory Turnover Chart

Camping World Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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2.47

3.00

3.04

2.40

2.09

Camping World Holdings Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Inventory Turnover	Get a 7-Day Free Trial															0.61	0.39	0.47	0.62	0.65

Camping World Holdings Inventory Turnover Calculation

Camping World Holdings'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 )
=	4347.898	/ (	(2123.858	+	2042.949)	/	2 )
=	4347.898	/	2083.4035
=	2.09

Camping World Holdings's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

	Inventory Turnover (Q: Sep. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	1226.464	/ (	(2014.444	+	1781.656)	/	2 )
=	1226.464	/	1898.05
=	0.65

Camping World Holdings (LTS:0HSU) 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.

Camping World Holdings's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	1898.05	/	1226.464	*	365 / 4
	=	141.22

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.

Camping World Holdings's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	1898.05	/	1724.988
	=	1.10

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.

Camping World Holdings Inventory Turnover Related Terms

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Camping World Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Camping World Holdings Inc (LTS:0HSU) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

CWH:USA C83:Germany

Address

2 Marriott Drive, Lincolnshire, IL, USA, 60069

Website

https://www.campingworld.com

Camping World Holdings Inc is retailer of RVs and related products and services. The Company has the two reportable segments: Good Sam Services and Plans segment includes sale of emergency roadside assistance plans; commissions on property and casualty insurance programs; travel assist programs; extended vehicle service contracts; vehicle financing and refinancing assistance; consumer shows and events; and consumer publications and directories. RV and Outdoor Retail segment includes the sale of new and used RVs; commissions on the finance and insurance contracts related to the sale of RVs; the sale of RV service and collision work; the sale of RV parts, accessories, sale of outdoor products, equipment, gear and supplies; business to business distribution of RV furniture, etc.

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