Mama`s Creations (Mama`s Creations) Inventory Turnover : 6.43 (As of Jan. 2024)

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What is Mama`s Creations 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. Mama`s Creations's Cost of Goods Sold for the three months ended in Jan. 2024 was $18.9 Mil. Mama`s Creations's Average Total Inventories for the quarter that ended in Jan. 2024 was $2.9 Mil. Mama`s Creations's Inventory Turnover for the quarter that ended in Jan. 2024 was 6.43.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mama`s Creations's Days Inventory for the three months ended in Jan. 2024 was 14.20.

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. Mama`s Creations's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.11.

Mama`s Creations Inventory Turnover Historical Data

The historical data trend for Mama`s Creations'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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Mama`s Creations Inventory Turnover Chart

Mama`s Creations Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Inventory Turnover

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18.32

22.96

17.24

22.60

21.01

Mama`s Creations Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Inventory Turnover	Get a 7-Day Free Trial															4.55	5.43	5.91	6.81	6.43

Mama`s Creations Inventory Turnover Calculation

Mama`s Creations's Inventory Turnover for the fiscal year that ended in Jan. 2024 is calculated as

	Inventory Turnover (A: Jan. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jan. 2024 )	/ (	(Total Inventories (A: Jan. 2023 )	+	Total Inventories (A: Jan. 2024 ))	/	count )
=	72.951	/ (	(3.636	+	3.31)	/	2 )
=	72.951	/	3.473
=	21.01

Mama`s Creations'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 )
=	18.904	/ (	(2.572	+	3.31)	/	2 )
=	18.904	/	2.941
=	6.43

Mama`s Creations (NAS:MAMA) 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.

Mama`s Creations'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
	=	2.941	/	18.904	*	365 / 4
	=	14.20

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.

Mama`s Creations'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 )
	=	2.941	/	26.725
	=	0.11

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.

Mama`s Creations Inventory Turnover Related Terms

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Mama`s Creations (Mama`s Creations) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Mama`s Creations Inc (NAS:MAMA) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

25 Branca Road, East Rutherford, NJ, USA, 07073

Website

https://www.mamascreations.com

Mama`s Creations Inc is a marketer and manufacturer of fresh deli-prepared foods, found in over 8,400 grocery, mass, club, and convenience stores nationally. The Company's broad product portfolio, born from a rich history in Italian foods, now consists of a variety of high-quality, fresh, clean, and easy-to-prepare foods to address the needs of both consumers and retailers.

Executives

Matthew Brown	director, 10 percent owner, officer: President	454 TILLOU ROAD, SOUTH ORANGE NJ 07079
Shirley Romig	director	TWO LANDMARK SQUARE, SUITE 300, STAMFORD CT 06901
Meghan Henson	director	RADNOR CORPORATE CENTER, BUILDING ONE, SUITE 200, 100 MATSONFORD ROAD, RADNOR PA 19087
Adam Laurance Michaels	director, officer: Chief Executive Officer	34 HASTINGS DRIVE, TENAFLY NJ 07670
Anthony Gruber	officer: Chief Financial Officer	25 BRANCA ROAD, EAST RUTHERFORD NJ 07073
Haley Patrick Connor	director	640 TAYLOR STREET, SUITE 2522, FORT WORTH TX 76102
David Mcguire	director	10599 WILSHIRE BLVD. SUITE 307, LOS ANGELES CA 90024
Dean Janeway	director, officer: Vice-President	164 SUNSET LANE, MANTOLOKING NJ 08738
Carl T Wolf	director, 10 percent owner, officer: Chief Executive Officer	627 INWOOD LANE, SOUTH ORANGE NJ 07079
Steven R. Burns	director	635 PROSPECT STREET, MAPLEWOOD NJ 07040
Daniel Joseph Altobello	director	6550 ROCK SPRING DR, SUITE 550, BETHESDA MD 20817
Thomas G. Toto	director	34 BOURBON STREET, WAYNE NJ 07079
Lewis H Ochs	officer: Vice-President of Finance	5102 CHESTERWOOD WAY, SOMERSET NJ 08873
Alfred D'agostino	director	133 CUMBERLAND COURT, PARAMUS NJ 07652