Crailar Technologies (Crailar Technologies) Inventory Turnover : 3.64 (As of Jun. 2015)

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What is Crailar Technologies 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. Crailar Technologies's Cost of Goods Sold for the three months ended in Jun. 2015 was $1.89 Mil. Crailar Technologies's Average Total Inventories for the quarter that ended in Jun. 2015 was $0.52 Mil. Crailar Technologies's Inventory Turnover for the quarter that ended in Jun. 2015 was 3.64.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Crailar Technologies's Days Inventory for the three months ended in Jun. 2015 was 25.07.

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. Crailar Technologies's Inventory-to-Revenue for the quarter that ended in Jun. 2015 was 0.29.

Crailar Technologies Inventory Turnover Historical Data

The historical data trend for Crailar Technologies'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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Crailar Technologies Inventory Turnover Chart

Crailar Technologies Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Inventory Turnover

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3.39

7.75

Crailar Technologies Quarterly Data
	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15
Inventory Turnover	Get a 7-Day Free Trial															1.27	1.48	3.31	3.31	3.64

Crailar Technologies Inventory Turnover Calculation

Crailar Technologies's Inventory Turnover for the fiscal year that ended in Dec. 2014 is calculated as

	Inventory Turnover (A: Dec. 2014 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2014 )	/ (	(Total Inventories (A: Dec. 2013 )	+	Total Inventories (A: Dec. 2014 ))	/	count )
=	5.405	/ (	(0.945	+	0.449)	/	2 )
=	5.405	/	0.697
=	7.75

Crailar Technologies's Inventory Turnover for the quarter that ended in Jun. 2015 is calculated as

	Inventory Turnover (Q: Jun. 2015 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2015 )	/ (	(Total Inventories (Q: Mar. 2015 )	+	Total Inventories (Q: Jun. 2015 ))	/	count )
=	1.891	/ (	(0.618	+	0.421)	/	2 )
=	1.891	/	0.5195
=	3.64

Crailar Technologies (OTCPK:CRLRQ) 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.

Crailar Technologies's Days Inventory for the three months ended in Jun. 2015 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2015 )	/	Cost of Goods Sold (Q: Jun. 2015 )	*	Days in Period
	=	0.5195	/	1.891	*	365 / 4
	=	25.07

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.

Crailar Technologies's Inventory to Revenue for the quarter that ended in Jun. 2015 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2015 )	/	Revenue (Q: Jun. 2015 )
	=	0.5195	/	1.804
	=	0.29

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.

Crailar Technologies Inventory Turnover Related Terms

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Crailar Technologies (Crailar Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Crailar Technologies Inc (OTCPK:CRLRQ) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

4420 Chatterton Way, Suite 305, Victoria, BC, CAN, V8X 5J2

Website

http://www.crailar.com

Crailar Technologies Inc is involved in the business of technological development and of natural sustainable fibers. The company develops and produces fibers and patented processing technologies targeted at natural yarn and textile industries and also pulp and composites industries. It markets and sells its products under the Crailar brand name. The firm's products include fiber and shive and seed products.

Executives

Theodore R Sanders	officer: CFO and Treasurer	17150 SOUTH MARGAY AVENUE, CARSON CA 90746
Marxe Austin W & Greenhouse David M	10 percent owner	C/O SPECIAL SITUATIONS FUNDS, 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Jeremy K Jones	director	870 N. COMMONS DR AURORA IL 60504

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