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The inventory table, unfortunately, can only be applied selectively.
So anyone getting excited by the “vigorous” inventory turn managed by the top 50 rankings in this table needs to take step back.
Inventory turn is quite simply how many times a year a company turns over its stock.
Common sense dictates the more times a company’s product is turned over the better for its sales (and, hopefully, profits).
While Kelly – with a stock turn of more than 30 000 – looks awfully impressive we must realise Kelly, a human resources specialist, doesn’t sit with a warehouse full of stock.
Kelly, like most of the top 50 rankings in inventory turns, is a services company.
Services companies offer, well, services, rather than physical product lines.
Stock flushed companies
In other words, to get full value from the inventory turn table readers need to look down the list to gauge the performance of companies that do indeed carry heaps of stock.
Those would include food producers, white goods manufacturers and (of course) retailers.
In 54th position, readers will find convenience store specialist Spar, which turned its stock a rather impressive 39 times a year.
No other retailer even comes close.
Pick n Pay turned its inventory 16 times, Shoprite managed 11 times and New Clicks (which also owns a pharmaceutical business and a music retailer) did it roughly nine times.
Truworths (14.5 times) looks the best of the fashion retailers.
Retail robust
Lewis looks the best of the furniture retailers at 13 times, while diversified retailer Massmart managed a fairly robust 9.4 times.
Surprisingly, direct retailer Verimark (6.39 times) comes in ahead of a number of more highly rated specialist retailers.
Small fashion retailer Rex Trueform also caught the eye, with an inventory turn of more than seven times.
Other impressive turns (if you’ll forgive the phrase) came from poultry groups Astral (28 times), Sovereign (28) and Country Bird Holdings (19).
Rainbow Chickens lagged somewhat at 13 times.
Pioneer Foods (7.88 times) edged out larger rival Tiger Brands (6.5 times).
There were also some interesting rankings outside the top 200. For example, luxury goods group Richemont turned over its valuable brands 2.39 times.
Those companies peddling “big ticket” items are also worth mentioning.
Crane specialist SA French turned over its inventory 1.3 times, while Bell Equipment and Invicta Holdings (which have earth-moving equipment in their repertoire) did it 2.57 times.
- Finweek
To view the Inventory Turn Table, click here
So anyone getting excited by the “vigorous” inventory turn managed by the top 50 rankings in this table needs to take step back.
Inventory turn is quite simply how many times a year a company turns over its stock.
Common sense dictates the more times a company’s product is turned over the better for its sales (and, hopefully, profits).
While Kelly – with a stock turn of more than 30 000 – looks awfully impressive we must realise Kelly, a human resources specialist, doesn’t sit with a warehouse full of stock.
Kelly, like most of the top 50 rankings in inventory turns, is a services company.
Services companies offer, well, services, rather than physical product lines.
Stock flushed companies
In other words, to get full value from the inventory turn table readers need to look down the list to gauge the performance of companies that do indeed carry heaps of stock.
Those would include food producers, white goods manufacturers and (of course) retailers.
In 54th position, readers will find convenience store specialist Spar, which turned its stock a rather impressive 39 times a year.
No other retailer even comes close.
Pick n Pay turned its inventory 16 times, Shoprite managed 11 times and New Clicks (which also owns a pharmaceutical business and a music retailer) did it roughly nine times.
Truworths (14.5 times) looks the best of the fashion retailers.
Retail robust
Lewis looks the best of the furniture retailers at 13 times, while diversified retailer Massmart managed a fairly robust 9.4 times.
Surprisingly, direct retailer Verimark (6.39 times) comes in ahead of a number of more highly rated specialist retailers.
Small fashion retailer Rex Trueform also caught the eye, with an inventory turn of more than seven times.
Other impressive turns (if you’ll forgive the phrase) came from poultry groups Astral (28 times), Sovereign (28) and Country Bird Holdings (19).
Rainbow Chickens lagged somewhat at 13 times.
Pioneer Foods (7.88 times) edged out larger rival Tiger Brands (6.5 times).
There were also some interesting rankings outside the top 200. For example, luxury goods group Richemont turned over its valuable brands 2.39 times.
Those companies peddling “big ticket” items are also worth mentioning.
Crane specialist SA French turned over its inventory 1.3 times, while Bell Equipment and Invicta Holdings (which have earth-moving equipment in their repertoire) did it 2.57 times.
- Finweek
To view the Inventory Turn Table, click here
