GRPS (Gold River Productions) Inventory Turnover: 11.96 (As of Mar. 2096)


What is Gold River Productions Inventory Turnover?

Gold River Productions GRPS Inventory Turnover is 11.96 as of Mar. 2096.

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. Gold River Productions's Cost of Goods Sold for the six months ended in Mar. 2096 was $130.4 Mil. Gold River Productions's Average Total Inventories for the quarter that ended in Mar. 2096 was $10.9 Mil. Gold River Productions's Inventory Turnover for the quarter that ended in Mar. 2096 was 11.96.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Gold River Productions's Days Inventory for the six months ended in Mar. 2096 was 15.25.

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. Gold River Productions's Inventory-to-Revenue for the quarter that ended in Mar. 2096 was 0.07.

Gold River Productions  (OTCPK:GRPS) 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.

Gold River Productions's Days Inventory for the six months ended in Mar. 2096 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2096 )/Cost of Goods Sold (Q: Mar. 2096 )*Days in Period
=10.9/130.4*365 / 2
=15.25

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.

Gold River Productions's Inventory to Revenue for the quarter that ended in Mar. 2096 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2096 ) / Revenue (Q: Mar. 2096 )
=10.9 / 151.7
=0.07

* 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.

Gold River Productions Inventory Turnover Related Terms

Gold River Productions Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Gold River Productions'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.

Gold River Productions Inventory Turnover Chart

Gold River Productions Annual Data
Trend Mar92 Mar93 Mar94 Mar95
Inventory Turnover
0.00 13.00 9.79 11.86

Gold River Productions Semi-Annual Data
Mar92 Mar93 Mar94 Mar95 Mar96
Inventory Turnover 0.00 13.00 9.79 11.86 11.96

Gold River Productions Inventory Turnover Calculation

Gold River Productions's Inventory Turnover for the fiscal year that ended in Mar. 2095 is calculated as

Inventory Turnover (A: Mar. 2095 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2095 ) / ((Total Inventories (A: Mar. 2094 ) + Total Inventories (A: Mar. 2095 )) / count )
=108.5 / ((7 + 11.3) / 2 )
=108.5 / 9.15
=11.86

Gold River Productions's Inventory Turnover for the quarter that ended in Mar. 2096 is calculated as

Inventory Turnover (Q: Mar. 2096 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2096 ) / ((Total Inventories (Q: Mar. 2095 ) + Total Inventories (Q: Mar. 2096 )) / count )
=130.4 / ((11.3 + 10.5) / 2 )
=130.4 / 10.9
=11.96

* 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 11.96 mean?
Gold River Productions (GRPS) has a Inventory Turnover of 11.96 as of Mar. 2096. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Gold River Productions and its competitors.
Is Gold River Productions' Inventory Turnover too high?
Gold River Productions' current Inventory Turnover is 11.96.
How does Gold River Productions' Inventory Turnover compare to KOAN and OWPC?
Gold River Productions' Inventory Turnover of 11.96 can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Inventory Turnover depends on the Drug Manufacturers 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 Gold River Productions and its competitors. Gold River Productions's current Inventory Turnover is 11.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gold River Productions stock overvalued right now?
Gold River Productions (GRPS) has a current Inventory Turnover of 11.96. The current Inventory Turnover is 11.96. 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 Gold River Productions (GRPS), the current Inventory Turnover is 11.96 as of Mar. 2096. 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.

Gold River Productions Business Description

Address 1022 Shadyside Lane, Dallas, TX, USA, 75223
Gold River Productions Inc is a medical cannabinoids company involved in developing products targeting disease states as supplements. The company offers various products, including Wrinkle Cream, EnergyPlex CBD, Hemorrhoid Plus CBD, Addiction Kit, and Sominoplex-CBD, among others.