Lok'n Store Group (LSE:LOK) Inventory Turnover : 21.17 (As of Jan. 2024)

View and export this data going back to 2000. Start your Free Trial

What is Lok'n Store 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. Lok'n Store Group's Cost of Goods Sold for the six months ended in Jan. 2024 was £2.92 Mil. Lok'n Store Group's Average Total Inventories for the quarter that ended in Jan. 2024 was £0.14 Mil. Lok'n Store Group's Inventory Turnover for the quarter that ended in Jan. 2024 was 21.17.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Lok'n Store Group's Days Inventory for the six months ended in Jan. 2024 was 8.62.

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. Lok'n Store Group's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.01.

Lok'n Store Group Inventory Turnover Historical Data

The historical data trend for Lok'n Store 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.

* Premium members only.

Lok'n Store Group Inventory Turnover Chart

Lok'n Store Group Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Inventory Turnover

Get a 7-Day Free Trial

10.26

10.75

12.11

17.30

36.51

Lok'n Store Group 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															6.90	9.50	16.64	21.44	21.17

Lok'n Store Group Inventory Turnover Calculation

Lok'n Store Group's Inventory Turnover for the fiscal year that ended in Jul. 2023 is calculated as

	Inventory Turnover (A: Jul. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jul. 2023 )	/ (	(Total Inventories (A: Jul. 2022 )	+	Total Inventories (A: Jul. 2023 ))	/	count )
=	5.257	/ (	(0.143	+	0.145)	/	2 )
=	5.257	/	0.144
=	36.51

Lok'n Store Group'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 )
=	2.921	/ (	(0.145	+	0.131)	/	2 )
=	2.921	/	0.138
=	21.17

Lok'n Store Group (LSE:LOK) 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.

Lok'n Store Group'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
	=	0.138	/	2.921	*	365 / 2
	=	8.62

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.

Lok'n Store Group'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 )
	=	0.138	/	14.168
	=	0.01

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.

Lok'n Store Group Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Lok'n Store Group's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Lok'n Store Group (LSE:LOK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Lok'n Store Group PLC (LSE:LOK) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

112 Hawley Lane, Farnborough, Hampshire, GBR, GU14 8JE

Website

https://www.loknstore.co.uk

Lok'n Store Group PLC operates in the real estate industry based in the United Kingdom. Its business involves buying or leasing warehouses or industrial buildings and letting them out as self-storage units to its customers. Operating through the Self-Storage segments, the company caters to both households and business customers. Its self-storage segment accounts for the bulk of its operations with the provision of storage rooms, student storage, pallet storage, warehouse space, self-storage archiving, flexible office space, and multi-site business storage accounts.

Lok'n Store Group (LSE:LOK) Headlines

No Headlines