PLBY Group (PLBY Group) Inventory Turnover : 1.14 (As of Mar. 2024)

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What is PLBY 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. PLBY Group's Cost of Goods Sold for the three months ended in Mar. 2024 was $12.5 Mil. PLBY Group's Average Total Inventories for the quarter that ended in Mar. 2024 was $10.9 Mil. PLBY Group's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.14.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PLBY Group's Days Inventory for the three months ended in Mar. 2024 was 79.78.

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. PLBY Group's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.39.

PLBY Group Inventory Turnover Historical Data

The historical data trend for PLBY 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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PLBY Group Inventory Turnover Chart

PLBY Group Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

6.31

4.52

2.74

3.26

PLBY Group Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial										1.11	0.59	0.71	1.00	1.14

PLBY Group Inventory Turnover Calculation

PLBY 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 )
=	54.777	/ (	(20.612	+	13)	/	2 )
=	54.777	/	16.806
=	3.26

PLBY Group'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 )
=	12.507	/ (	(13	+	8.87)	/	2 )
=	12.507	/	10.935
=	1.14

PLBY Group (NAS:PLBY) 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.

PLBY Group'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
	=	10.935	/	12.507	*	365 / 4
	=	79.78

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.

PLBY Group'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 )
	=	10.935	/	28.319
	=	0.39

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.

PLBY Group Inventory Turnover Related Terms

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PLBY Group (PLBY Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » PLBY Group Inc (NAS:PLBY) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

10960 Wilshire Boulevard, Suite 2200, Los Angeles, CA, USA, 90024

Website

https://www.plbygroup.com

PLBY Group, Inc. ("PLBY Group") connects consumers around the world with products, services, and experiences to help them look good, feel good, and have fun. PLBY Group serves consumers in four major categories: Sexual Wellness, Style & Apparel, Gaming & Lifestyle, and Beauty & Grooming PLBY Group's flagship consumer brand, Playboy, is one of the most recognizable, iconic brands in the world, driving more than $3 billion in global consumer spend annually across 180 countries.

Executives

Kohn Bernhard L Iii	director, officer: CEO and President	C/O PLBY GROUP, INC., 10960 WILSHIRE BLVD, SUITE 2200, LOS ANGELES CA 90024
Florus Beuting	officer: Chief Accounting Officer	C/O PLBY GROUP, INC., 10960 WILSHIRE BLVD, SUITE 2200, LOS ANGELES CA 90024
Christopher Riley	officer: General Counsel & Secretary	8800 WEST SUNSET BOULEVARD, WEST HOLLYWOOD CA 90069
Lance Barton	officer: Chief Financial Officer	10960 WILSHIRE BLVD., SUITE 2200, LOS ANGELES CA 90024
Marc Crossman	officer: CFO & COO	162 RIDGEWOOD AVENUE, GLEN RIDGE NJ 07028
Suhail Rizvi	director, 10 percent owner	575 MADISON AVE, 7TH FLOOR, NEW YORK NY 10022
John Giampetroni	10 percent owner	260 EAST BROWN STREET, SUITE 380, BIRMINGHAM MI 48009
Juliana F Hill	director
Tracey E Edmonds	director	C/O PLBY GROUP, INC., 10960 WILSHIRE BLVD, SUITE 2200, LOS ANGELES CA 90024
Rizvi Opportunistic Equity Fund Ii, L.p.	10 percent owner	260 EAST BROWN STREET, SUITE 380, BIRMINGHAM MI 48009
Rizvi Traverse Gp Ii, Llc	10 percent owner	801 NORTHPOINT PARKWAY, SUITE 129, WEST PALM BEACH FL 33407
Drawbridge Special Opportunities Fund Lp	10 percent owner	C/O FORTRESS INVESTMENT GROUP LLC, 1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
Fortress Investment Group Llc	10 percent owner	1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
Fig Llc	10 percent owner	1345 AVENUE OF THE AMERICAS, 46 FLOOR, NEW YORK NY 10105
Fortress Operating Entity I Lp	10 percent owner	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105