Oliver's Real Food (ASX:OLI) Inventory Turnover : 8.93 (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Oliver's Real Food 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. Oliver's Real Food's Cost of Goods Sold for the six months ended in Dec. 2023 was A$4.65 Mil. Oliver's Real Food's Average Total Inventories for the quarter that ended in Dec. 2023 was A$0.52 Mil. Oliver's Real Food's Inventory Turnover for the quarter that ended in Dec. 2023 was 8.93.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Oliver's Real Food's Days Inventory for the six months ended in Dec. 2023 was 20.43.

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. Oliver's Real Food's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.04.

Oliver's Real Food Inventory Turnover Historical Data

The historical data trend for Oliver's Real Food'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.

Oliver's Real Food Inventory Turnover Chart

Oliver's Real Food Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Inventory Turnover

Get a 7-Day Free Trial

4.97

5.81

13.28

16.95

19.53

Oliver's Real Food Semi-Annual Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial									4.74	7.27	8.96	8.59	8.93

Oliver's Real Food Inventory Turnover Calculation

Oliver's Real Food's Inventory Turnover for the fiscal year that ended in Jun. 2023 is calculated as

	Inventory Turnover (A: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2023 )	/ (	(Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )
=	9.246	/ (	(0.493	+	0.454)	/	2 )
=	9.246	/	0.4735
=	19.53

Oliver's Real Food's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	4.654	/ (	(0.454	+	0.588)	/	2 )
=	4.654	/	0.521
=	8.93

Oliver's Real Food (ASX:OLI) 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.

Oliver's Real Food's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	0.521	/	4.654	*	365 / 2
	=	20.43

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.

Oliver's Real Food's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	0.521	/	12.846
	=	0.04

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.

Oliver's Real Food Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Oliver's Real Food's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Oliver's Real Food (ASX:OLI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Oliver's Real Food Ltd (ASX:OLI) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

36S:Germany

Address

5 Lenton Place, Level 1, North Rocks, NSW, AUS, 2151

Website

https://www.oliversrealfood.com.au

Oliver's Real Food Ltd engages in fast-food services specializing in delicious, nutrient-dense meals, designed with the customers' wellbeing in mind. Its food is prepared daily from fresh, natural, and organic produce - nothing artificial and no additives. Some of its product includes Coffee, Breakfast, and Snack items.

Oliver's Real Food (ASX:OLI) Headlines

No Headlines