PayPoint (LSE:PAY) Inventory Turnover : 11.16 (As of Sep. 2023)

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What is PayPoint 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. PayPoint's Cost of Goods Sold for the six months ended in Sep. 2023 was £64.6 Mil. PayPoint's Average Total Inventories for the quarter that ended in Sep. 2023 was £5.8 Mil. PayPoint's Inventory Turnover for the quarter that ended in Sep. 2023 was 11.16.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PayPoint's Days Inventory for the six months ended in Sep. 2023 was 16.35.

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. PayPoint's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.05.

PayPoint Inventory Turnover Historical Data

The historical data trend for PayPoint'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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PayPoint Inventory Turnover Chart

PayPoint Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

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562.30

314.45

123.10

113.71

36.89

PayPoint Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Inventory Turnover	Get a 7-Day Free Trial															27.22	34.33	133.68	23.40	11.16

PayPoint Inventory Turnover Calculation

PayPoint's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Inventory Turnover (A: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2023 )	/ (	(Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )
=	64.257	/ (	(0.332	+	3.152)	/	2 )
=	64.257	/	1.742
=	36.89

PayPoint's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

	Inventory Turnover (Q: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2023 )	/ (	(Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	64.554	/ (	(3.152	+	8.417)	/	2 )
=	64.554	/	5.7845
=	11.16

PayPoint (LSE:PAY) 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.

PayPoint's Days Inventory for the six months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	5.7845	/	64.554	*	365 / 2
	=	16.35

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.

PayPoint's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	5.7845	/	126.501
	=	0.05

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.

PayPoint Inventory Turnover Related Terms

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PayPoint (LSE:PAY) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » PayPoint PLC (LSE:PAY) » Definitions » Inventory Turnover

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PYPTF:USA PAYl:UK

Address

1 The Boulevard, Shire Park, Welwyn Garden City, Hertfordshire, GBR, AL7 1EL

Website

https://www.paypoint.com

PayPoint PLC is a United Kingdom-based company that provides consumer transaction services. The company's solutions help clients control household finances, essential payments, and in-store services. The company's operations involve processing high-volume transactions, managing retailers and clients, selling funds, and transmitting data. PayPoint's network covers convenience stores and numerous outlets, where clients can use the company's solutions to make energy meter prepayments, bill payments, benefit payments, mobile phone top-ups, cash withdrawals, and other services. The company generates the majority of its revenue from the UK.