Tod's SpA (MIL:TOD) Inventory Turnover : 0.74 (As of Dec. 2023)

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

What is Tod's SpA 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. Tod's SpA's Cost of Goods Sold for the six months ended in Dec. 2023 was €305 Mil. Tod's SpA's Average Total Inventories for the quarter that ended in Dec. 2023 was €414 Mil. Tod's SpA's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.74.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tod's SpA's Days Inventory for the six months ended in Dec. 2023 was 247.98.

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. Tod's SpA's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.73.

Tod's SpA Inventory Turnover Historical Data

The historical data trend for Tod's SpA'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.

Tod's SpA Inventory Turnover Chart

Tod's SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

1.39

1.08

1.52

1.66

1.53

Tod's SpA Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															0.86	0.79	0.86	0.76	0.74

Tod's SpA Inventory Turnover Calculation

Tod's SpA'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 )
=	596.787	/ (	(357.658	+	422.334)	/	2 )
=	596.787	/	389.996
=	1.53

Tod's SpA'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 )
=	304.902	/ (	(406.278	+	422.334)	/	2 )
=	304.902	/	414.306
=	0.74

Tod's SpA (MIL:TOD) 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.

Tod's SpA'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
	=	414.306	/	304.902	*	365 / 2
	=	247.98

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.

Tod's SpA'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 )
	=	414.306	/	568.779
	=	0.73

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.

Tod's SpA Inventory Turnover Related Terms

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

Tod's SpA (MIL:TOD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Tod's SpA (MIL:TOD) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

TDPAY:USA 0NV4:UK TOB:Germany

Address

Via Filippo della Valle, 1, Sant'Elpidio a Mare, Fermo, ITA, 63811

Website

https://www.todsgroup.com

Tod's SpA makes luxury shoes, leather goods, and apparel that it sells under brands including Tod's, Hogan, Fay, and Roger Vivier. Shoe sales account for more than three fourths of the company's total revenue. The company sells its products mostly through directly operated company stores, but it also sells through franchised company stores and independent multibrand stores. More than half of the company's total revenue is generated in Europe, with majority of those sales coming from Italy. Other big markets include China and the Americas.

Tod's SpA (MIL:TOD) Headlines

No Headlines