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Camplify Holdings (ASX:CHL) Inventory Turnover : 21.28 (As of Dec. 2023)


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What is Camplify 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. Camplify Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was A$9.36 Mil. Camplify Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was A$0.44 Mil. Camplify Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 21.28.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Camplify Holdings's Days Inventory for the six months ended in Dec. 2023 was 8.58.

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. Camplify Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.03.

Camplify Holdings Inventory Turnover Historical Data

The historical data trend for Camplify 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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Camplify Holdings Inventory Turnover Chart

Camplify Holdings Annual Data
Trend Jun21 Jun22 Jun23
Inventory Turnover
19.39 33.51 28.05

Camplify Holdings Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Inventory Turnover Get a 7-Day Free Trial 17.82 18.73 9.74 11.64 21.28

Camplify Holdings Inventory Turnover Calculation

Camplify Holdings's Inventory Turnover for the fiscal year that ended in Jun. 2023 is calculated as

Inventory Turnover (A: Jun. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jun. 2023 ) / ((Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count )
=12.413 / ((0.358 + 0.527) / 2 )
=12.413 / 0.4425
=28.05

Camplify Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover (Q: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2023 ) / ((Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count )
=9.364 / ((0.527 + 0.353) / 2 )
=9.364 / 0.44
=21.28

* 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.

Camplify Holdings  (ASX:CHL) 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.

Camplify Holdings's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=0.44/9.364*365 / 2
=8.58

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.

Camplify Holdings's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=0.44 / 14.41
=0.03

* 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.

Camplify Holdings Inventory Turnover Related Terms

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Camplify Holdings (ASX:CHL) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Camplify Holdings Ltd (ASX:CHL) » Definitions » Inventory Turnover
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Traded in Other Exchanges
N/A
Address
42 Union Street, Wickham, New Castle, NSW, AUS, 2300
Website
https://www.camplify.com.au
Camplify Holdings Ltd is a peer-to-peer digital marketplace platform connecting recreational vehicle owners to Hirers. The company has built a platform that connects RV owners and SMEs with a fleet of recreational vehicles. Its geographical segments are Australia, New Zealand, United Kingdom & Europe.