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Papa Murphy′s Holdings (Papa Murphy′s Holdings) Inventory Turnover : 15.28 (As of Mar. 2019)


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What is Papa Murphy′s Holdings 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. Papa Murphy′s Holdings's Cost of Goods Sold for the three months ended in Mar. 2019 was $8.4 Mil. Papa Murphy′s Holdings's Average Total Inventories for the quarter that ended in Mar. 2019 was $0.5 Mil. Papa Murphy′s Holdings's Inventory Turnover for the quarter that ended in Mar. 2019 was 15.28.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Papa Murphy′s Holdings's Days Inventory for the three months ended in Mar. 2019 was 5.97.

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. Papa Murphy′s Holdings's Inventory-to-Revenue for the quarter that ended in Mar. 2019 was 0.02.


Papa Murphy′s Holdings Inventory Turnover Historical Data

The historical data trend for Papa Murphy′s Holdings'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.

Papa Murphy′s Holdings Inventory Turnover Chart

Papa Murphy′s Holdings Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Inventory Turnover
Get a 7-Day Free Trial 78.78 71.59 69.87 60.59 63.12

Papa Murphy′s Holdings Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
Inventory Turnover Get a 7-Day Free Trial 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 15.29 14.62 14.13 16.11 15.28

Papa Murphy′s Holdings Inventory Turnover Calculation

Papa Murphy′s Holdings's Inventory Turnover for the fiscal year that ended in Dec. 2018 is calculated as

Inventory Turnover (A: Dec. 2018 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2018 ) / ((Total Inventories (A: Dec. 2017 ) + Total Inventories (A: Dec. 2018 )) / count )
=40.016 / ((0.719 + 0.549) / 2 )
=40.016 / 0.634
=63.12

Papa Murphy′s Holdings's Inventory Turnover for the quarter that ended in Mar. 2019 is calculated as

Inventory Turnover (Q: Mar. 2019 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2019 ) / ((Total Inventories (Q: Dec. 2018 ) + Total Inventories (Q: Mar. 2019 )) / count )
=8.375 / ((0.549 + 0.547) / 2 )
=8.375 / 0.548
=15.28

* 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.


Papa Murphy′s Holdings  (NAS:FRSH) 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.

Papa Murphy′s Holdings's Days Inventory for the three months ended in Mar. 2019 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2019 )/Cost of Goods Sold (Q: Mar. 2019 )*Days in Period
=0.548/8.375*365 / 4
=5.97

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.

Papa Murphy′s Holdings's Inventory to Revenue for the quarter that ended in Mar. 2019 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2019 ) / Revenue (Q: Mar. 2019 )
=0.548 / 28.972
=0.02

* 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.


Papa Murphy′s Holdings Inventory Turnover Related Terms

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Papa Murphy′s Holdings (Papa Murphy′s Holdings) Business Description

Traded in Other Exchanges
N/A
Address
8000 North East Parkway Drive, Suite 350, Vancouver, WA, USA, 98662
Papa Murphy's Holdings Inc is a quick-service pizza restaurant. It primarily franchises its stores, but company-owned stores still generate more than half of the company's total revenue. Papa Murphy's has a Take 'N' Bake model, where customers create and pick up raw pizzas in the restaurants and then bake them at home. The Take 'N' Bake model requires less capital investment and lower operating costs, since stores do not require ovens, dining areas, or serving staff. Nearly all locations are in the United States, but the company has international exposure in Canada and the Middle East.
Executives
L David Mounts director 3910 WHITE HAWK LN, WINSTON-SALEM NC 27106
Jean Birch director 3050 SOFT HORIZON WAY, LAS VEGAS NV 89135
Alexander C Matina director C/O MFP INVESTORS, LLC, 667 MADISON AVE, 25TH FL, NEW YORK NY 10065
Michael F Price 10 percent owner C/O MFP INVESTORS LLC, 909 THIRD AVE, 33RD FLOOR, NEW YORK NY 10022
Mfp Partners Lp 10 percent owner 909 THIRD AVENUE, 33RD FLOOR, New York NY 10022
Mfp Investors Llc 10 percent owner 909 THIRD AVE, 33RD FLOOR, NEW YORK NY 10022
Noah A. Elbogen director 7755 CENTER AVENUE, SUITE 300, HUNTINGTON BEACH CA 92647
Katherine Lee Scherping director 6312 SOUTH FIDDLERS GREEN CIRCLE, SUITE 200 NORTH, GREENWOOD VILLAGE CO 80111
Jeffrey B Welch director 111 N. CANAL, SUITE 850, CHICAGO IL 60606
Brandon Solano officer: Chief Marketing Officer 3551 PLANO PARKWAY, THE COLONY TX 75056
Thomas H Lee director, 10 percent owner C/O THOMAS H. LEE CAPITAL LLC, 767 FIFTH AVENUE, 6TH FLOOR, NEW YORK NY 10153
John Barr director, officer: Chairman 2555 TELEGRAPH ROAD, BLOOMFIELD HILLS MI 48302-0954