CRMBQ (Crumbs Bake Shop) Inventory Turnover: 10.35 (As of Mar. 2014)

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What is Crumbs Bake Shop Inventory Turnover?

Crumbs Bake Shop CRMBQ -99.00% Inventory Turnover is 10.35 as of Mar. 2014.

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. Crumbs Bake Shop's Cost of Goods Sold for the three months ended in Mar. 2014 was $4.05 Mil. Crumbs Bake Shop's Average Total Inventories for the quarter that ended in Mar. 2014 was $0.39 Mil. Crumbs Bake Shop's Inventory Turnover for the quarter that ended in Mar. 2014 was 10.35.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Crumbs Bake Shop's Days Inventory for the three months ended in Mar. 2014 was 8.82.

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. Crumbs Bake Shop's Inventory-to-Revenue for the quarter that ended in Mar. 2014 was 0.04.

Crumbs Bake Shop  (OTCPK:CRMBQ) 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.

Crumbs Bake Shop's Days Inventory for the three months ended in Mar. 2014 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2014 )/Cost of Goods Sold (Q: Mar. 2014 )*Days in Period
=0.391/4.047*365 / 4
=8.82

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.

Crumbs Bake Shop's Inventory to Revenue for the quarter that ended in Mar. 2014 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2014 ) / Revenue (Q: Mar. 2014 )
=0.391 / 9.084
=0.04

* 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.

Crumbs Bake Shop Inventory Turnover Related Terms

Crumbs Bake Shop Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Crumbs Bake Shop'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.

Crumbs Bake Shop Inventory Turnover Chart

Crumbs Bake Shop Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13
Inventory Turnover
0.00 53.44 45.55 35.89 44.39

Crumbs Bake Shop Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14
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 9.43 9.85 10.85 12.81 10.35

Crumbs Bake Shop Inventory Turnover Calculation

Crumbs Bake Shop's Inventory Turnover for the fiscal year that ended in Dec. 2013 is calculated as

Inventory Turnover (A: Dec. 2013 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2013 ) / ((Total Inventories (A: Dec. 2012 ) + Total Inventories (A: Dec. 2013 )) / count )
=21.707 / ((0.559 + 0.419) / 2 )
=21.707 / 0.489
=44.39

Crumbs Bake Shop's Inventory Turnover for the quarter that ended in Mar. 2014 is calculated as

Inventory Turnover (Q: Mar. 2014 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2014 ) / ((Total Inventories (Q: Dec. 2013 ) + Total Inventories (Q: Mar. 2014 )) / count )
=4.047 / ((0.419 + 0.363) / 2 )
=4.047 / 0.391
=10.35

* 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 10.35 mean?
Crumbs Bake Shop (CRMBQ) has a Inventory Turnover of 10.35 as of Mar. 2014. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Crumbs Bake Shop and its competitors.
Is Crumbs Bake Shop's Inventory Turnover too high?
Crumbs Bake Shop's current Inventory Turnover is 10.35.
How does Crumbs Bake Shop's Inventory Turnover compare to GLUC?
Crumbs Bake Shop's Inventory Turnover of 10.35 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 Crumbs Bake Shop and its competitors. Crumbs Bake Shop's current Inventory Turnover is 10.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Crumbs Bake Shop stock overvalued right now?
Crumbs Bake Shop (CRMBQ) has a current Inventory Turnover of 10.35. The current Inventory Turnover is 10.35. 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 Crumbs Bake Shop (CRMBQ), the current Inventory Turnover is 10.35 as of Mar. 2014. 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.

Crumbs Bake Shop Business Description

Address 110 West 40th Street, Suite 2100, New York, NY, USA, 10018
Crumbs Bake Shop Inc through its subsidiary is engaged in selling a wide variety of cupcakes, cakes, cookies and other baked goods as well as hot and cold beverages. It offers these products through its stores, e-commerce division, catering services and wholesale distribution business. Apart from cupcakes, the company also offers other baked goods, including cakes, cookies, pastries, scones, croissants, brownies, push-pops and muffins. The company also offers beverages such as drip coffees, espresso-based drinks, whole-leaf teas, and hot chocolate, as well as a variety of cold drinks.