Eden Research (Eden Research) Inventory Turnover : 0.89 (As of Dec. 2023)

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What is Eden Research 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. Eden Research's Cost of Goods Sold for the six months ended in Dec. 2023 was $0.91 Mil. Eden Research's Average Total Inventories for the quarter that ended in Dec. 2023 was $1.02 Mil. Eden Research's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.89.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Eden Research's Days Inventory for the six months ended in Dec. 2023 was 205.41.

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. Eden Research's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.39.

Eden Research Inventory Turnover Historical Data

The historical data trend for Eden Research'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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Eden Research Inventory Turnover Chart

Eden Research Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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22.85

5.08

1.79

1.67

1.82

Eden Research Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															0.66	1.23	0.68	1.13	0.89

Eden Research Inventory Turnover Calculation

Eden Research'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 )
=	1.807	/ (	(0.761	+	1.222)	/	2 )
=	1.807	/	0.9915
=	1.82

Eden Research'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 )
=	0.908	/ (	(0.822	+	1.222)	/	2 )
=	0.908	/	1.022
=	0.89

Eden Research (OTCPK:EDNSF) 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.

Eden Research'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
	=	1.022	/	0.908	*	365 / 2
	=	205.41

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.

Eden Research'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 )
	=	1.022	/	2.595
	=	0.39

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.

Eden Research Inventory Turnover Related Terms

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Eden Research (Eden Research) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Eden Research PLC (OTCPK:EDNSF) » Definitions » Inventory Turnover

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EDEN.GB:UK EDEN:UK

Address

67C Innovation Drive, Milton Park, Abingdon, Oxfordshire, GBR, OX14 4RQ

Website

https://www.edenresearch.com

Eden Research PLC is a UK-based company that develops and supplies biopesticide products and natural microencapsulation technologies to the crop protection, animal health, and consumer products industries. It operates through Agrochemical, Consumer products, and Animal health segments. It offers a range of product categories under Foliar Diseases Control, Soil Pest, Protected Glass House Crops, Vascular Diseases Control, and Post-Harvest Applications.

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