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OneSpaWorld Holdings (OneSpaWorld Holdings) Inventory Turnover : 3.85 (As of Mar. 2024)


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What is OneSpaWorld 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. OneSpaWorld Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was $177.6 Mil. OneSpaWorld Holdings's Average Total Inventories for the quarter that ended in Mar. 2024 was $46.1 Mil. OneSpaWorld Holdings's Inventory Turnover for the quarter that ended in Mar. 2024 was 3.85.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. OneSpaWorld Holdings's Days Inventory for the three months ended in Mar. 2024 was 23.70.

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. OneSpaWorld Holdings's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.22.


OneSpaWorld Holdings Inventory Turnover Historical Data

The historical data trend for OneSpaWorld 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.

* Premium members only.

OneSpaWorld Holdings Inventory Turnover Chart

OneSpaWorld Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial - 4.40 4.78 13.35 15.27

OneSpaWorld Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3.40 3.52 4.06 3.56 3.85

OneSpaWorld Holdings Inventory Turnover Calculation

OneSpaWorld 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 )
=667.005 / ((39.835 + 47.504) / 2 )
=667.005 / 43.6695
=15.27

OneSpaWorld Holdings's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover (Q: Mar. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2024 ) / ((Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count )
=177.555 / ((47.504 + 44.711) / 2 )
=177.555 / 46.1075
=3.85

* 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.


OneSpaWorld Holdings  (NAS:OSW) 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.

OneSpaWorld Holdings's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=46.1075/177.555*365 / 4
=23.70

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.

OneSpaWorld Holdings's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=46.1075 / 211.226
=0.22

* 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.


OneSpaWorld Holdings Inventory Turnover Related Terms

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OneSpaWorld Holdings (OneSpaWorld Holdings) Business Description

Traded in Other Exchanges
Address
Pineapple Business Park, Office Number 2, P.O. Box N-624, Airport Industrial Park, Nassau, BHS
OneSpaWorld Holdings Ltd is an operator of health and wellness centers onboard cruise ships and an operator of health and wellness centers at destination resorts worldwide. It offers a suite of premium health, fitness, beauty, and wellness services and products. The services provided by the company include body, salon, and skin care services and products, fitness classes and personal fitness training and pain management, detoxifying programs, and comprehensive body composition analyses among others. The company has only one single segment of Maritime and Destination Resorts.
Executives
Steiner Leisure Ltd director, 10 percent owner STE 104A, SAFFREY SQ, NASSAU C5 00000
Andrew R Heyer director 501 MADISON AVENUE, FLOOR 5, NEW YORK NY 10019
Walter Field Mclallen director 1225 17TH AVE SOUTH, NASHVILLE TN 37212
Lisa Myers director LOBOSKY MANAGEMENT CO. LTD., OFFICE #2, AIRPORT INDUSTRIAL PARK, BOX N-624, NASSAU C5 0000
Stephen Lazarus officer: See Remarks C/O STEINER MANAGEMENT SERVICES, 770 S. DIXIE HWY. #200, CORAL GABLES FL 33145
Leonard I Fluxman director, officer: Executive Chairman STEINER LEISURE LIMITED, 770 S DIXIE HIGHWAY SUITE 200, CORAL GABLES FL 33146
Steven J Heyer director, officer: Vice Chairman 1111 WESTCHESTER AVENUE, WHITE PLAINS NY 10604
Stephen W. Powell director 770 S. DIXIE HIGHWAY, SUITE 200, CORAL GABLES FL 33146
Glenn Fusfield director, officer: Chief Executive Officer STEINER LEISURE LTD, 770 SOUTH DIXIE HIGHWAY SUITE 200, CORAL GABLES FL 33146
Susan Reardon Bonner officer: Chief Commercial Officer C/O ONESPAWORLD, 770 SOUTH DIXIE HIGHWAY, CORAL GABLES FL 33146
Adam Hasiba director 770 SOUTH DIXIE HWY, SUITE 200, CORAL GABLES FL 33146
Maryam Banikarim director C/O GANNETT CO., INC., 7950 JONES BRANCH DRIVE, MCLEAN VA 22107
Marc Magliacano director C/O CATTERTON MANAGEMENT COMPANY LLC, 599 WEST PUTNAM AVENUE, GREENWICH CT 06830
Jeffrey E Stiefler director C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Nemo Investor Aggregator, Ltd 10 percent owner C/O CATTERTON MANAGEMENT COMPANY LLC, 599 WEST PUTNAM AVENUE, GREENWICH CT 06830