The Calmer Co International (ASX:CCO) Inventory Turnover : 1.40 (As of Jun. 2024)

View and export this data going back to 2018. Start your Free Trial

What is The Calmer Co International 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. The Calmer Co International's Cost of Goods Sold for the six months ended in Jun. 2024 was A$1.52 Mil. The Calmer Co International's Average Total Inventories for the quarter that ended in Jun. 2024 was A$1.08 Mil. The Calmer Co International's Inventory Turnover for the quarter that ended in Jun. 2024 was 1.40.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. The Calmer Co International's Days Inventory for the six months ended in Jun. 2024 was 130.07.

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. The Calmer Co International's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.38.

The Calmer Co International Inventory Turnover Historical Data

The historical data trend for The Calmer Co International'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.

The Calmer Co International Inventory Turnover Chart

The Calmer Co International Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Inventory Turnover

Get a 7-Day Free Trial

1.56

1.19

1.21

1.03

2.01

The Calmer Co International Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Inventory Turnover	Get a 7-Day Free Trial							0.50	0.19	0.82	0.70	1.40

The Calmer Co International Inventory Turnover Calculation

The Calmer Co International's Inventory Turnover for the fiscal year that ended in Jun. 2024 is calculated as

	Inventory Turnover (A: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2024 )	/ (	(Total Inventories (A: Jun. 2023 )	+	Total Inventories (A: Jun. 2024 ))	/	count )
=	2.148	/ (	(0.884	+	1.251)	/	2 )
=	2.148	/	1.0675
=	2.01

The Calmer Co International's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

	Inventory Turnover (Q: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )
=	1.521	/ (	(0.917	+	1.251)	/	2 )
=	1.521	/	1.084
=	1.40

The Calmer Co International (ASX:CCO) 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.

The Calmer Co International's Days Inventory for the six months ended in Jun. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2024 )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
	=	1.084	/	1.521	*	365 / 2
	=	130.07

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.

The Calmer Co International's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	1.084	/	2.839
	=	0.38

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.

The Calmer Co International Inventory Turnover Related Terms

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

The Calmer Co International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » The Calmer Co International Ltd (ASX:CCO) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

96 Victoria Street, West End, Brisbane, QLD, AUS, 4101

Website

https://www.thecalmerco.com

The Calmer Co International Ltd is mainly engaged in the research, development, and selling of kava extracts as a consumer product. Its business objective is the primary production of kava through a network of outsourced kava farms and via its Farm located in Fiji and the production and sale of kava supplements and complementary medicines. The company has produced three types of products in the market: shots, powders, and capsules. Its reportable segments are; Fiji Kava Australia Trading Pty Ltd (Fiji Kava Australia Trading) which derives maximum revenue, South Pacific Elixirs Pty Limited (SPE Fiji), Fiji Kava Inc (USA), and Danodan Hempworks LLC (USA). Geographically, it derives key revenue from Australia and the rest from Fiji, and other regions.