KRED (KonaRed) Inventory Turnover: 1.50 (As of Dec. 2017)


What is KonaRed Inventory Turnover?

KonaRed KRED Inventory Turnover is 1.50 as of Dec. 2017.

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. KonaRed's Cost of Goods Sold for the three months ended in Dec. 2017 was $0.69 Mil. KonaRed's Average Total Inventories for the quarter that ended in Dec. 2017 was $0.46 Mil. KonaRed's Inventory Turnover for the quarter that ended in Dec. 2017 was 1.50.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. KonaRed's Days Inventory for the three months ended in Dec. 2017 was 60.79.

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. KonaRed's Inventory-to-Revenue for the quarter that ended in Dec. 2017 was 0.79.

KonaRed  (OTCPK:KRED) 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.

KonaRed's Days Inventory for the three months ended in Dec. 2017 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2017 )/Cost of Goods Sold (Q: Dec. 2017 )*Days in Period
=0.461/0.692*365 / 4
=60.79

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.

KonaRed's Inventory to Revenue for the quarter that ended in Dec. 2017 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2017 ) / Revenue (Q: Dec. 2017 )
=0.461 / 0.587
=0.79

* 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.

KonaRed Inventory Turnover Related Terms

KonaRed Inventory Turnover Historical Data

* Premium members only.

The historical data trend for KonaRed'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.

KonaRed Inventory Turnover Chart

KonaRed Annual Data
Trend May11 May12 May13 Dec14 Dec15 Dec16 Dec17
Inventory Turnover
Get a 7-Day Free Trial 0.00 2.15 0.94 2.10 6.76

KonaRed Quarterly Data
Feb13 May13 Aug13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
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 Premium Member Only Premium Member Only 0.34 1.24 1.57 0.63 1.50

KonaRed Inventory Turnover Calculation

KonaRed's Inventory Turnover for the fiscal year that ended in Dec. 2017 is calculated as

Inventory Turnover (A: Dec. 2017 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2017 ) / ((Total Inventories (A: Dec. 2016 ) + Total Inventories (A: Dec. 2017 )) / count )
=2.339 / ((0.268 + 0.424) / 2 )
=2.339 / 0.346
=6.76

KonaRed's Inventory Turnover for the quarter that ended in Dec. 2017 is calculated as

Inventory Turnover (Q: Dec. 2017 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2017 ) / ((Total Inventories (Q: Sep. 2017 ) + Total Inventories (Q: Dec. 2017 )) / count )
=0.692 / ((0.498 + 0.424) / 2 )
=0.692 / 0.461
=1.50

* 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 1.50 mean?
KonaRed (KRED) has a Inventory Turnover of 1.50 as of Dec. 2017. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on KonaRed and its competitors.
Is KonaRed's Inventory Turnover too high?
KonaRed's current Inventory Turnover is 1.50.
How does KonaRed's Inventory Turnover compare to MOJO and RMHBD?
KonaRed's Inventory Turnover of 1.50 can be compared against companies in the Beverages - Non-Alcoholic 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 Beverages - Non-Alcoholic company?
A good Inventory Turnover depends on the Beverages - Non-Alcoholic 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 KonaRed and its competitors. KonaRed's current Inventory Turnover is 1.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KonaRed stock overvalued right now?
KonaRed (KRED) has a current Inventory Turnover of 1.50. The current Inventory Turnover is 1.50. 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 KonaRed (KRED), the current Inventory Turnover is 1.50 as of Dec. 2017. 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.

KonaRed Business Description

Address 2042 Corte Del Nogal, Suite 200, Carlsbad, CA, USA, 92011
KonaRed Corp is engaged in the business of distributing, marketing and selling of retail sale the food and beverage products based on the fruit of the coffee plant. Its products are coffee fruit wellness drink and KonaRed Antioxidant Juice. The company produces Ready to Drink 12oz Cold Brew Coffee varieties, Bag in the Box, Key Kegs, a complete line of whole bean and ground Kona Coffee Beans including RTD Antioxidant Juices and Hawaiian Coffee Fruit nutritional supplements. It also has an industrial ingredient supply division. Its products are sold throughout the US and can be found in select Vons, Albertsons, Publix, Pavilions, Costco, Ralphs, Fred Meyer, King Soopers, Smiths, Kroger, Safeway, Vitamin Shoppe, Target, Whole Foods, 7-Eleven, and many other retail outlets.