GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Coffee Holding Co Inc (NAS:JVA) » Definitions » Inventory Turnover

Coffee Holding Co (Coffee Holding Co) Inventory Turnover

: 0.89 (As of Jan. 2024)
View and export this data going back to 2005. Start your Free Trial

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. Coffee Holding Co's Cost of Goods Sold for the three months ended in Jan. 2024 was $16.06 Mil. Coffee Holding Co's Average Total Inventories for the quarter that ended in Jan. 2024 was $18.00 Mil. Coffee Holding Co's Inventory Turnover for the quarter that ended in Jan. 2024 was 0.89.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Coffee Holding Co's Days Inventory for the three months ended in Jan. 2024 was 102.27.

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. Coffee Holding Co's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.92.


Coffee Holding Co Inventory Turnover Historical Data

The historical data trend for Coffee Holding Co'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.

Coffee Holding Co Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Inventory Turnover
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.57 2.95 2.90 3.11 2.99

Coffee Holding Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Inventory Turnover 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 Premium Member Only Premium Member Only Premium Member Only 0.89 0.77 0.81 0.85 0.89

Coffee Holding Co Inventory Turnover Calculation

Coffee Holding Co's Inventory Turnover for the fiscal year that ended in Oct. 2023 is calculated as

Inventory Turnover (A: Oct. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Oct. 2023 ) / ((Total Inventories (A: Oct. 2022 ) + Total Inventories (A: Oct. 2023 )) / count )
=57.214 / ((19.252 + 18.987) / 2 )
=57.214 / 19.1195
=2.99

Coffee Holding Co'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: Oct. 2023 ) + Total Inventories (Q: Jan. 2024 )) / count )
=16.06 / ((18.987 + 17.012) / 2 )
=16.06 / 17.9995
=0.89

* 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.


Coffee Holding Co  (NAS:JVA) 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.

Coffee Holding Co's Days Inventory for the three 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
=17.9995/16.06*365 / 4
=102.27

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.

Coffee Holding Co'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 )
=17.9995 / 19.54
=0.92

* 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.


Coffee Holding Co Inventory Turnover Related Terms

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


Coffee Holding Co (Coffee Holding Co) Business Description

Traded in Other Exchanges
Address
3475 Victory Boulevard, Staten Island, NY, USA, 10314
Coffee Holding Co Inc is engaged in the business of wholesale coffee roasting and dealing. Its products include wholesale green coffee, private-label coffee, and branded coffee. The company sells its coffee products throughout the United States, Canada and certain countries in Asia.
Executives
John Rotelli director C/O COFFEE HOLDING CO., INC., 4401 FIRST AVENUE, BROOKLYN NY 11232
David Gordon director, officer: Executive VP, Secretary C/O COFFEE HOLDING CO INC, 4401 FIRST AVENUE, BROOKLYN NY 11237
Andrew Gordon director, officer: CEO and President C/O COFFEE HOLDING CO INC, 4401 FIRST AVENUE, BROOKLYN NY 11237
George F Thomas director C/O COFFEE HOLDING CO., INC., 3475 VICTORY BLVD., STATEN ISLAND NY 10314
Barry Knepper director C/O COFFEE HOLDING CO., INC., 4401 FIRST AVENUE, BROOKLYN NY 11232
Daniel Dwyer director C/O COFFEE HOLDING CO., INC., 4401 FIRST AVENUE, BROOKLYN NY 11232
Sal Reda director C/O COFFEE HOLDING CO., INC., 4401 FIRST AVENUE, BROOKLYN NY 11232
Gerard Decapua director 1171 BURNETT STREET, BROOKLYN NY 11242
Sterling A Gordon 10 percent owner C/O COFFEE HOLDING CO., INC., 4401 FIRST AVENUE, BROOKLYN NY 11232
Rachelle L Gordon 10 percent owner C/O COFFEE HOLDING CO., INC., 4401 FIRST AVENUE, BROOKLYN NY 11232
Robert M Williams director C/O COFFEE HOLDING CO. INC., 4401 FIRST AVENUE, BROOKLYN NY 11232