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JD Sports Fashion (FRA:9JD) Inventory Turnover : 1.87 (As of Jan. 2024)


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What is JD Sports Fashion 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. JD Sports Fashion's Cost of Goods Sold for the six months ended in Jan. 2024 was €3,508 Mil. JD Sports Fashion's Average Total Inventories for the quarter that ended in Jan. 2024 was €1,875 Mil. JD Sports Fashion's Inventory Turnover for the quarter that ended in Jan. 2024 was 1.87.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. JD Sports Fashion's Days Inventory for the six months ended in Jan. 2024 was 97.58.

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. JD Sports Fashion's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.28.


JD Sports Fashion Inventory Turnover Historical Data

The historical data trend for JD Sports Fashion'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.

JD Sports Fashion Inventory Turnover Chart

JD Sports Fashion Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.19 3.85 4.98 4.18 3.64

JD Sports Fashion Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 Premium Member Only Premium Member Only Premium Member Only 2.40 1.87 2.01 1.63 1.87

JD Sports Fashion Inventory Turnover Calculation

JD Sports Fashion's Inventory Turnover for the fiscal year that ended in Jan. 2024 is calculated as

Inventory Turnover (A: Jan. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jan. 2024 ) / ((Total Inventories (A: Jan. 2023 ) + Total Inventories (A: Jan. 2024 )) / count )
=6408.503 / ((1665.629 + 1857.813) / 2 )
=6408.503 / 1761.721
=3.64

JD Sports Fashion's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

Inventory Turnover (Q: Jan. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jan. 2024 ) / ((Total Inventories (Q: Jul. 2023 ) + Total Inventories (Q: Jan. 2024 )) / count )
=3507.647 / ((1893.158 + 1857.813) / 2 )
=3507.647 / 1875.4855
=1.87

* 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.


JD Sports Fashion  (FRA:9JD) 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.

JD Sports Fashion's Days Inventory for the six months ended in Jan. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Jan. 2024 )/Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=1875.4855/3507.647*365 / 2
=97.58

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.

JD Sports Fashion's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=1875.4855 / 6716.564
=0.28

* 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.


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.


JD Sports Fashion Inventory Turnover Related Terms

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JD Sports Fashion (FRA:9JD) Business Description

Traded in Other Exchanges
Address
Hollinsbrook Way, Pilsworth, Bury, Lancashire, GBR, BL9 8RR
JD Sports Fashion PLC is a U.K. retailer of branded sportswear and fashionwear. The company has stores in the United Kingdom, mainland Europe, and outside Europe. The offering includes international brands, such as Adidas, Nike and The North Face, and own-brand labels, such as McKenzie, Carbrini, Supply & Demand and The Duffer of St George. The store network consists of various shops: Size?, Footpatrol, Chausport, Sprinter, Scotts, Tessuti, Cloggs, Mainline, and Ultimate Outdoors, among others. Stores are specialized: Footpatrol is a sneaker provider; Size? offers footwear, apparel, and accessories; and Chausport operates throughout France selling international footwear brands, such as Nike.

JD Sports Fashion (FRA:9JD) Headlines

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