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Kalera (Kalera) Inventory Turnover : 4.78 (As of Sep. 2022)


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What is Kalera 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. Kalera's Cost of Goods Sold for the three months ended in Sep. 2022 was $5.87 Mil. Kalera's Average Total Inventories for the quarter that ended in Sep. 2022 was $1.23 Mil. Kalera's Inventory Turnover for the quarter that ended in Sep. 2022 was 4.78.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kalera's Days Inventory for the three months ended in Sep. 2022 was 19.08.

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. Kalera's Inventory-to-Revenue for the quarter that ended in Sep. 2022 was 0.73.


Kalera Inventory Turnover Historical Data

The historical data trend for Kalera'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.

* Premium members only.

Kalera Inventory Turnover Chart

Kalera Annual Data
Trend Dec20 Dec21
Inventory Turnover
18.61 14.89

Kalera Quarterly Data
Dec20 Jun21 Sep21 Dec21 Jun22 Sep22
Inventory Turnover Get a 7-Day Free Trial 16.37 - 4.14 5.30 4.78

Kalera Inventory Turnover Calculation

Kalera's Inventory Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Inventory Turnover (A: Dec. 2021 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2021 ) / ((Total Inventories (A: Dec. 2020 ) + Total Inventories (A: Dec. 2021 )) / count )
=9.634 / ((0.104 + 1.19) / 2 )
=9.634 / 0.647
=14.89

Kalera's Inventory Turnover for the quarter that ended in Sep. 2022 is calculated as

Inventory Turnover (Q: Sep. 2022 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2022 ) / ((Total Inventories (Q: Jun. 2022 ) + Total Inventories (Q: Sep. 2022 )) / count )
=5.873 / ((1.176 + 1.28) / 2 )
=5.873 / 1.228
=4.78

* 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.


Kalera  (OTCPK:KALRQ) 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.

Kalera's Days Inventory for the three months ended in Sep. 2022 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2022 )/Cost of Goods Sold (Q: Sep. 2022 )*Days in Period
=1.228/5.873*365 / 4
=19.08

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.

Kalera's Inventory to Revenue for the quarter that ended in Sep. 2022 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2022 ) / Revenue (Q: Sep. 2022 )
=1.228 / 1.674
=0.73

* 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.


Kalera Inventory Turnover Related Terms

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Kalera (Kalera) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
10 Earlsfort Terrace, Dublin, IRL, D02 T380
Kalera PLC is a vertical farming company. It produces fresh, nutritious, and excellent tasting leafy greens with minimal environmental impact. It has spent several years optimizing plant nutrient formulas and developing an advanced automation and data acquisition system with Internet of Things, cloud, big data analytics and artificial intelligence. Kalera currently operates farms in Orlando (Florida), Atlanta (Georgia), Houston (Texas), and Kuwait.
Executives
Jong Brent De director BOUNDARY HALL, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102
Andrea Weiss director 23 RAMRAPO COURT WEST, GLENROCK NJ 07452
Maria Sastre director C/O DARDEN RESTAURANTS, INC., 1000 DARDEN CENTER DRIVE, ORLANDO FL 32837
Curtis B Mcwilliams director 450 SOUTH ORANGE AVENUE, ORLANDO FL 32801
James Leighton director, officer: Chief Executive Officer 11408 NEWPORT BAY DRIVE, BERLIN MD 21811
Robert Arnall director KALERA PLC, 7455 EMERALD DUNES DR., ORLANDO FL 82322
Umur Hursever director KALERA PLC, 7455 EMERALD DUNES DR., ORLANDO FL 82322
Aric Nissen officer: Chief Marketing Officer KALERA PLC, 7455 EMERALD DUNES DR., ORLANDO FL 82322
Henner Schwarz officer: Chief Commercial Officer KALERA PLC, 7455 EMERALD DUNES DR., ORLANDO FL 82322
Cristian Toma director, officer: Chief Science Officer KALERA PLC, 7455 EMERALD DUNES DR., ORLANDO FL 82322
Austin Martin officer: Chief Operating Officer KALERA PLC, 7455 EMERALD DUNES DR., ORLANDO FL 82322
Fernando Cornejo officer: Chief Financial Officer KALERA PLC, 7455 EMERALD DUNES DR., ORLANDO FL 82322
Faisal Almeshal director KALERA PLC, 7455 EMERALD DUNES DR., ORLANDO FL 82322
Sonny Perdue director KALERA PLC, 7455 EMERALD DUNES DR., ORLANDO FL 82322
Jade Stinson officer: Chief Innovation Officer KALERA PLC, 7455 EMERALD DUNES DR., ORLANDO FL 82322

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