Australian Oilseeds Holdings (Australian Oilseeds Holdings) Inventory Turnover : 8.19 (As of Jun. 2023)

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What is Australian Oilseeds Holdings 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 Oilseeds Holdings's Cost of Goods Sold for the six months ended in Jun. 2023 was $7.51 Mil. Australian Oilseeds Holdings's Average Total Inventories for the quarter that ended in Jun. 2023 was $0.92 Mil. Australian Oilseeds Holdings's Inventory Turnover for the quarter that ended in Jun. 2023 was 8.19.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Australian Oilseeds Holdings's Days Inventory for the six months ended in Jun. 2023 was 22.28.

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 Oilseeds Holdings's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.08.

Australian Oilseeds Holdings Inventory Turnover Historical Data

The historical data trend for Australian Oilseeds Holdings'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 Oilseeds Holdings Inventory Turnover Chart

Australian Oilseeds Holdings Annual Data

Trend

Jun21

Jun22

Inventory Turnover

4.56

11.21

Australian Oilseeds Holdings Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23
Inventory Turnover	-	3.52	9.81	6.74	8.19

Australian Oilseeds Holdings Inventory Turnover Calculation

Australian Oilseeds Holdings's Inventory Turnover for the fiscal year that ended in Jun. 2022 is calculated as

	Inventory Turnover (A: Jun. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2022 )	/ (	(Total Inventories (A: Jun. 2021 )	+	Total Inventories (A: Jun. 2022 ))	/	count )
=	13.21	/ (	(1.56	+	0.796)	/	2 )
=	13.21	/	1.178
=	11.21

Australian Oilseeds Holdings's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

	Inventory Turnover (Q: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2023 )	/ (	(Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )
=	7.511	/ (	(1.067	+	0.767)	/	2 )
=	7.511	/	0.917
=	8.19

Australian Oilseeds Holdings (NAS:COOT) 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 Oilseeds Holdings's Days Inventory for the six months ended in Jun. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2023 )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
	=	0.917	/	7.511	*	365 / 2
	=	22.28

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 Oilseeds Holdings's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	0.917	/	10.963
	=	0.08

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 Oilseeds Holdings Inventory Turnover Related Terms

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Australian Oilseeds Holdings (Australian Oilseeds Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Australian Oilseeds Holdings Ltd (NAS:COOT) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

126 – 142 Cowcumbla Street, PO Box 263, 52 Fuller Drive, Cootamundra, NSW, AUS, 2590

Website

Australian Oilseeds Holdings Ltd through its subsidiaries, is focused on the manufacture and sale of chemical-free, non-GMO, sustainable edible oils and products derived from oilseeds. The company believes that transitioning from a fossil fuel economy to a renewable and chemical-free economy is the solution to many health problems the world is facing presently.

Australian Oilseeds Holdings (Australian Oilseeds Holdings) Headlines

From GuruFocus

Australian Oilseeds, Largest APAC Producer of Non-Chemical, Non-GMO �Cold-Processing� Vegetable Oil, Enters into Contract with Woolworths and Costco Australia.

By Marketwired • 04-25-2024