AUVGF (Australian Vintage) Inventory Turnover : 0.75 (As of Jun. 2024)

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What is Australian Vintage 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. Australian Vintage's Cost of Goods Sold for the six months ended in Jun. 2024 was $90.6 Mil. Australian Vintage's Average Total Inventories for the quarter that ended in Jun. 2024 was $121.6 Mil. Australian Vintage's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.75.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Australian Vintage's Days Inventory for the six months ended in Jun. 2024 was 244.90.

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. Australian Vintage's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 1.44.

Australian Vintage Inventory Turnover Historical Data

The historical data trend for Australian Vintage'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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Australian Vintage Inventory Turnover Chart

Australian Vintage Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Inventory Turnover

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1.25

1.31

1.02

1.06

1.26

Australian Vintage Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Inventory Turnover	Get a 7-Day Free Trial															0.51	0.53	0.55	0.53	0.75

Australian Vintage Inventory Turnover Calculation

Australian Vintage'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 )
=	154.65	/ (	(122.173	+	123.39)	/	2 )
=	154.65	/	122.7815
=	1.26

Australian Vintage'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 )
=	90.644	/ (	(119.881	+	123.39)	/	2 )
=	90.644	/	121.6355
=	0.75

Australian Vintage (OTCPK:AUVGF) 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.

Australian Vintage'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
	=	121.6355	/	90.644	*	365 / 2
	=	244.90

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.

Australian Vintage'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 )
	=	121.6355	/	84.19
	=	1.44

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.

Australian Vintage Inventory Turnover Related Terms

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Australian Vintage Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Australian Vintage Ltd (OTCPK:AUVGF) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

AVG:Australia

Address

275 Sir Donald Bradman Drive, Cowandilla, Adelaide, SA, AUS, 5033

Website

https://www.australianvintage.com.au

Australian Vintage Ltd is principally engaged in winemaking, wine marketing, and vineyard management in Australia. Its geographical segments are Australia / New Zealand; UK, Europe and Americas, and Asia. The company derives a majority of revenue from UK, Europe and Americas segment. UK, Europe and Americas segment is engaged in the packaging, sales, and marketing of wine in the United Kingdom, Europe and the Americas through wholesale, distributor and retail channels.