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a.k.a. Brands Holding (a.k.a. Brands Holding) Inventory Turnover : 0.56 (As of Mar. 2024)


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What is a.k.a. Brands Holding 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. a.k.a. Brands Holding's Cost of Goods Sold for the three months ended in Mar. 2024 was $51.2 Mil. a.k.a. Brands Holding's Average Total Inventories for the quarter that ended in Mar. 2024 was $91.3 Mil. a.k.a. Brands Holding's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.56.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. a.k.a. Brands Holding's Days Inventory for the three months ended in Mar. 2024 was 162.75.

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. a.k.a. Brands Holding's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.78.

a.k.a. Brands Holding Inventory Turnover Historical Data

The historical data trend for a.k.a. Brands Holding'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.

* Premium members only.

a.k.a. Brands Holding Inventory Turnover Chart

a.k.a. Brands Holding Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
2.06 3.21 3.42 2.27 2.26

a.k.a. Brands Holding Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.43 0.54 0.61 0.76 0.56

a.k.a. Brands Holding Inventory Turnover Calculation

a.k.a. Brands Holding'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 )
=245.978 / ((126.533 + 91.024) / 2 )
=245.978 / 108.7785
=2.26

a.k.a. Brands Holding'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 )
=51.166 / ((91.024 + 91.489) / 2 )
=51.166 / 91.2565
=0.56

* 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.

a.k.a. Brands Holding  (NYSE:AKA) 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.

a.k.a. Brands Holding'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
=91.2565/51.166*365 / 4
=162.75

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.

a.k.a. Brands Holding'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 )
=91.2565 / 116.84
=0.78

* 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.

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.

a.k.a. Brands Holding Inventory Turnover Related Terms

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a.k.a. Brands Holding (a.k.a. Brands Holding) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » a.k.a. Brands Holding Corp (NYSE:AKA) » Definitions » Inventory Turnover
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Traded in Other Exchanges
N/A
Address
100 Montgomery Street, Suite 1600, San Francisco, CA, USA, 94104
Website
https://www.aka-brands.com
a.k.a. Brands Holding Corp is an online fashion retailer focused on acquiring and accelerating the growth of next-generation, digitally native fashion brands targeting Gen Z and Millennial customers.
Executives
Ciaran Joseph Long officer: Chief Financial Officer C/O A.K.A. BRANDS HOLDING CORP., 100 MONTGOMERY STREET, SUITE 1600, SAN FRANCISCO CA 94104
Myles B Mccormick director C/O BARE ESCENTUALS, INC., 71 STEVENSON STREET, 22ND FLOOR, SAN FRANCISCO CA 94105
Sourav Ghosh director 6903 ROCKLEDGE DRIVE, 15TH FLOOR, BETHESDA MD 20817
Jill Elizabeth Ramsey director, officer: Chief Executive Officer C/O A.K.A. BRANDS HOLDING CORP., 100 MONTGOMERY STREET, SUITE 1600, SAN FRANCISCO CA 94104
Ilene Eskenazi director 10850 VIA FRONTERA, SAN DIEGO CA 92127
Simon Andrew Beard director, 10 percent owner 1-3 LA SCALA COURT, SURFERS PARADISE C3 4217
Beard Trading Pty Ltd. 10 percent owner 1-3 LA SCALA COURT, SURFERS PARADISE C3 4217
Jonathan Edward Harvey officer: See Remarks C/O A.K.A. BRANDS HOLDING CORP, 100 MONTGOMERY STREET, SUITE 1600, SAN FRANCISCO CA 94104
John Robert Gonneville officer: See Remarks C/O A.K.A. BRANDS HOLDING CORP., 100 MONTGOMERY STREET, SUITE 1600, SAN FRANCISCO CA 94104
Bryett Enterprises Pty Ltd. 10 percent owner 5 SHORT ST., BURLEIGH HEADS C3 4220
Michael Frank Trembley officer: See remarks C/O A.K.A. BRANDS HOLDING CORP., 100 MONTGOMERY STREET, SUITE 1600, SAN FRANCISCO CA 94104
Tah Nee Aleman Family Trust 10 percent owner 1-3 LA SCALA COURT, SURFERS PARADISE C3 4217
Tah-nee Beard 10 percent owner 1-3 LA SCALA COURT, SURFERS PARADISE C3 4217
Tf Apparel Discretionary Trust 10 percent owner 1-3 LA SCALA COURT, SURFERS PARADISE C3 4217
Summit Partners Growth Equity Fund Ix-a Aiv, L.p. 10 percent owner 222 BERKELEY STREET, 18TH FLOOR, BOSTON MA 02116