CAles Holdings (JSE:CAA) Inventory Turnover : 5.85 (As of Dec. 2023)

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What is CAles 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. CAles Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was R5,138 Mil. CAles Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was R878 Mil. CAles Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 5.85.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. CAles Holdings's Days Inventory for the six months ended in Dec. 2023 was 31.18.

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. CAles Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.14.

CAles Holdings Inventory Turnover Historical Data

The historical data trend for CAles 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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CAles Holdings Inventory Turnover Chart

CAles Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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14.91

13.19

12.08

11.98

10.96

CAles Holdings Semi-Annual Data
	Dec16	Dec17	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial						6.50	5.99	6.31	5.85	5.85

CAles Holdings Inventory Turnover Calculation

CAles 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 )
=	9596.848	/ (	(759.838	+	990.804)	/	2 )
=	9596.848	/	875.321
=	10.96

CAles 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 )
=	5138.399	/ (	(765.05	+	990.804)	/	2 )
=	5138.399	/	877.927
=	5.85

CAles Holdings (JSE:CAA) 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.

CAles 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
	=	877.927	/	5138.399	*	365 / 2
	=	31.18

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.

CAles 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 )
	=	877.927	/	6076.728
	=	0.14

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.

CAles Holdings Inventory Turnover Related Terms

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CAles Holdings (JSE:CAA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » CA Sales Holdings Ltd (JSE:CAA) » Definitions » Inventory Turnover

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Traded in Other Exchanges

CAS:Botswana

Address

254 Hall Street, 1st Floor, Building C, Westend Office Park, Centurion, GT, ZAF, 0157

Website

https://www.casholdings.co.za

CA Sales Holdings Ltd operates within the Fast-Moving Consumer Goods industry and delivers services to blue chip manufacturers. The services include warehousing and distribution, retail execution and advisory, retail support, training, and technology and data solutions. The company's geographical presence across Southern Africa operating in Botswana, Eswatini, Lesotho, Mauritius, Namibia, South Africa, Zambia and Zimbabwe. It generates maximum revenue from Botswana region.

CAles Holdings (JSE:CAA) Headlines

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