Imvescor Restaurant Group (Imvescor Restaurant Group) Inventory Turnover : 0.62 (As of Oct. 2017)

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What is Imvescor Restaurant Group 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. Imvescor Restaurant Group's Cost of Goods Sold for the three months ended in Oct. 2017 was $0.88 Mil. Imvescor Restaurant Group's Average Total Inventories for the quarter that ended in Oct. 2017 was $1.41 Mil. Imvescor Restaurant Group's Inventory Turnover for the quarter that ended in Oct. 2017 was 0.62.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Imvescor Restaurant Group's Days Inventory for the three months ended in Oct. 2017 was 146.50.

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. Imvescor Restaurant Group's Inventory-to-Revenue for the quarter that ended in Oct. 2017 was 0.14.

Imvescor Restaurant Group Inventory Turnover Historical Data

The historical data trend for Imvescor Restaurant Group'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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Imvescor Restaurant Group Inventory Turnover Chart

Imvescor Restaurant Group Annual Data

Trend

Dec08

Oct09

Oct10

Oct11

Oct12

Oct13

Oct14

Oct15

Oct16

Oct17

Inventory Turnover

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15.89

13.44

9.92

14.97

4.29

Imvescor Restaurant Group Quarterly Data
	Jan13	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15	Oct15	Jan16	Apr16	Jul16	Oct16	Jan17	Apr17	Jul17	Oct17
Inventory Turnover	Get a 7-Day Free Trial															1.18	3.54	2.05	2.19	0.62

Imvescor Restaurant Group Inventory Turnover Calculation

Imvescor Restaurant Group's Inventory Turnover for the fiscal year that ended in Oct. 2017 is calculated as

	Inventory Turnover (A: Oct. 2017 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Oct. 2017 )	/ (	(Total Inventories (A: Oct. 2016 )	+	Total Inventories (A: Oct. 2017 ))	/	count )
=	4.965	/ (	(0.146	+	2.17)	/	2 )
=	4.965	/	1.158
=	4.29

Imvescor Restaurant Group's Inventory Turnover for the quarter that ended in Oct. 2017 is calculated as

	Inventory Turnover (Q: Oct. 2017 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Oct. 2017 )	/ (	(Total Inventories (Q: Jul. 2017 )	+	Total Inventories (Q: Oct. 2017 ))	/	count )
=	0.877	/ (	(0.646	+	2.17)	/	2 )
=	0.877	/	1.408
=	0.62

Imvescor Restaurant Group (OTCPK:IRGIF) 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.

Imvescor Restaurant Group's Days Inventory for the three months ended in Oct. 2017 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Oct. 2017 )	/	Cost of Goods Sold (Q: Oct. 2017 )	*	Days in Period
	=	1.408	/	0.877	*	365 / 4
	=	146.50

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.

Imvescor Restaurant Group's Inventory to Revenue for the quarter that ended in Oct. 2017 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Oct. 2017 )	/	Revenue (Q: Oct. 2017 )
	=	1.408	/	10.154
	=	0.14

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.

Imvescor Restaurant Group Inventory Turnover Related Terms

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Imvescor Restaurant Group (Imvescor Restaurant Group) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Imvescor Restaurant Group Inc (OTCPK:IRGIF) » Definitions » Inventory Turnover

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Address

Website

http://www.imvescor.ca

Imvescor Restaurant Group Inc is a Canadian based company conducts business through one reportable segment which is franchising. The company's five franchised restaurant brands are Pizza Delight, Toujours Mikes, Scores, Baton Rouge, and Ben and Florentine. It generates revenues from corporate restaurants, royalty fees, supplier coordination fees, franchise fees, rent, restaurant construction, and other goods and services to franchisees. Geographically all the operations are functioned through the region of Canada.

Imvescor Restaurant Group (Imvescor Restaurant Group) Headlines

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