AVRW (Avenir Wellness Solutions) Inventory Turnover: 0.24 (As of Sep. 2024)


AVRW Avenir Wellness Solutions Inc AVRW
12 GF Score
Price $0.00
View Full Analysis

What is Avenir Wellness Solutions Inventory Turnover?

Avenir Wellness Solutions AVRW -99.50% 12 Inventory Turnover is 0.24 as of Sep. 2024. GuruFocus rates AVRW with a GF Score™ of 12/100.

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. Avenir Wellness Solutions's Cost of Goods Sold for the three months ended in Sep. 2024 was $0.04 Mil. Avenir Wellness Solutions's Average Total Inventories for the quarter that ended in Sep. 2024 was $0.15 Mil. Avenir Wellness Solutions's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.24.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Avenir Wellness Solutions's Days Inventory for the three months ended in Sep. 2024 was 381.95.

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. Avenir Wellness Solutions's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.76.

Avenir Wellness Solutions  (OTCPK:AVRW) 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.

Avenir Wellness Solutions's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=0.1465/0.035*365 / 4
=381.95

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.

Avenir Wellness Solutions's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=0.1465 / 0.192
=0.76

* 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.

Avenir Wellness Solutions Inventory Turnover Related Terms

Avenir Wellness Solutions Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Avenir Wellness Solutions'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.

Avenir Wellness Solutions Inventory Turnover Chart

Avenir Wellness Solutions Annual Data
Trend Mar15 Mar16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only 2.38 3.56 3.02 3.64 7.20

Avenir Wellness Solutions Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.11 2.01 0.51 0.36 0.24
AVRW
12GF Score
Avenir Wellness Solutions Inc AVRW
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Avenir Wellness Solutions Inventory Turnover Calculation

Avenir Wellness Solutions's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Inventory Turnover (A: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2023 ) / ((Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count )
=1.238 / ((0.145 + 0.199) / 2 )
=1.238 / 0.172
=7.20

Avenir Wellness Solutions's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover (Q: Sep. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2024 ) / ((Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count )
=0.035 / ((0.151 + 0.142) / 2 )
=0.035 / 0.1465
=0.24

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 0.24 mean?
Avenir Wellness Solutions (AVRW) has a Inventory Turnover of 0.24 as of Sep. 2024. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Avenir Wellness Solutions and its competitors.
Is Avenir Wellness Solutions' Inventory Turnover too high?
Avenir Wellness Solutions' current Inventory Turnover is 0.24. Overall, Avenir Wellness Solutions has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Avenir Wellness Solutions' Inventory Turnover compare to SHRG and JBS?
Avenir Wellness Solutions' Inventory Turnover of 0.24 can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Consumer Packaged Goods company?
A good Inventory Turnover depends on the Consumer Packaged Goods industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Avenir Wellness Solutions and its competitors. Avenir Wellness Solutions's current Inventory Turnover is 0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avenir Wellness Solutions stock overvalued right now?
Avenir Wellness Solutions (AVRW) has a current Inventory Turnover of 0.24. The current Inventory Turnover is 0.24. Avenir Wellness Solutions' overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Avenir Wellness Solutions (AVRW), the current Inventory Turnover is 0.24 as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Avenir Wellness Solutions Business Description

Address 5805 Sepulveda Boulevard, Suite 801, Sherman Oaks, CA, USA, 91411
Avenir Wellness Solutions Inc is a broad wellness platform technology company that develops proprietary wellness, nutraceutical, and topical delivery systems. The technology, which is based on approximately 15 patents, offers several immediate- and controlled-release delivery vehicles designed to improve product efficacy, safety, and consumer experience for a wide range of active ingredients. The company sells its product under the brand names Seratopical, Seratopical Revolution, SeraLabs, and Nutri-Strips.
12GF Score

Get the complete analysis for AVRW

Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.00
Price