Chapel Down Group (LSE:CDGP) Inventory Turnover : 0.43 (As of Dec. 2023)

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What is Chapel Down Group 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. Chapel Down Group's Cost of Goods Sold for the three months ended in Dec. 2023 was £8.29 Mil. Chapel Down Group's Average Total Inventories for the quarter that ended in Dec. 2023 was £19.11 Mil. Chapel Down Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.43.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Chapel Down Group's Days Inventory for the three months ended in Dec. 2023 was 210.38.

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. Chapel Down Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.11.

Chapel Down Group Inventory Turnover Historical Data

The historical data trend for Chapel Down Group'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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Chapel Down Group Inventory Turnover Chart

Chapel Down Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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1.03

0.72

0.78

0.52

0.43

Chapel Down Group Quarterly Data
	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Inventory Turnover	Get a 7-Day Free Trial				1.03	0.72	0.78	0.52	0.43

Chapel Down Group Inventory Turnover Calculation

Chapel Down Group'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 )
=	8.29	/ (	(15.645	+	22.581)	/	2 )
=	8.29	/	19.113
=	0.43

Chapel Down Group'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: Dec. 2022 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	8.29	/ (	(15.645	+	22.581)	/	2 )
=	8.29	/	19.113
=	0.43

Chapel Down Group (LSE:CDGP) 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.

Chapel Down Group's Days Inventory for the three 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
	=	19.113	/	8.29	*	365 / 4
	=	210.38

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.

Chapel Down Group'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 )
	=	19.113	/	17.201
	=	1.11

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.

Chapel Down Group Inventory Turnover Related Terms

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Chapel Down Group (LSE:CDGP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Chapel Down Group PLC (LSE:CDGP) » Definitions » Inventory Turnover

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Traded in Other Exchanges

1U6:Germany

Address

Small Hythe Road, Chapel Down Winery, Tenterden, Kent, GBR, TN30 7NG

Website

https://www.chapeldown.com

Chapel Down Group PLC operates in the beverage industry in the United Kingdom. The company is engaged as a producer and supplier of sparkling wine and still wine. Its product categories are wines, vodka, and brandy and the product portfolio of the company include Chapel Down Bacchus Gin, Brandy and Glasses Gift sets, and Chapel Down Chardonnay Vodka. Geographically, it derives a majority of its revenue from the United Kingdom and also has a presence in Rest of Europe and Rest of the world.

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