LMNR (Limoneira Co) Inventory Turnover : 0.00 (As of Jul. 2024)

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What is Limoneira Co 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. Limoneira Co's Cost of Goods Sold for the three months ended in Jul. 2024 was $46.7 Mil. Limoneira Co's Average Total Inventories for the quarter that ended in Jul. 2024 was $0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Limoneira Co's Days Inventory for the three months ended in Jul. 2024 was 0.00.

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. Limoneira Co's Inventory-to-Revenue for the quarter that ended in Jul. 2024 was 0.00.

Limoneira Co Inventory Turnover Historical Data

The historical data trend for Limoneira Co'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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Limoneira Co Inventory Turnover Chart

Limoneira Co Annual Data

Trend

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Oct23

Inventory Turnover

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Limoneira Co Quarterly Data
	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Limoneira Co Inventory Turnover Calculation

Limoneira Co's Inventory Turnover for the fiscal year that ended in Oct. 2023 is calculated as

	Inventory Turnover (A: Oct. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Oct. 2023 )	/ (	(Total Inventories (A: Oct. 2022 )	+	Total Inventories (A: Oct. 2023 ))	/	count )
=	173.781	/ (	(0	+	0)	/	1 )
=	173.781	/	0
=	N/A

Limoneira Co's Inventory Turnover for the quarter that ended in Jul. 2024 is calculated as

	Inventory Turnover (Q: Jul. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jul. 2024 )	/ (	(Total Inventories (Q: Apr. 2024 )	+	Total Inventories (Q: Jul. 2024 ))	/	count )
=	46.687	/ (	(0	+	0)	/	1 )
=	46.687	/	0
=	N/A

Limoneira Co (NAS:LMNR) 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.

Limoneira Co's Days Inventory for the three months ended in Jul. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jul. 2024 )	/	Cost of Goods Sold (Q: Jul. 2024 )	*	Days in Period
	=	0	/	46.687	*	365 / 4
	=	0.00

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.

Limoneira Co's Inventory to Revenue for the quarter that ended in Jul. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jul. 2024 )	/	Revenue (Q: Jul. 2024 )
	=	0	/	63.305
	=	0.00

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.

Limoneira Co Inventory Turnover Related Terms

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Limoneira Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Limoneira Co (NAS:LMNR) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

2L2:Germany 2L2:Germany

Address

1141 Cummings Road, Santa Paula, CA, USA, 93060

Website

https://www.limoneira.com

Limoneira Co is an agribusiness company. The company's operating segments include Fresh Lemons; Lemon Packing; Avocados and Other Agribusiness. It generates maximum revenue from the Fresh Lemons segment.

Executives

Harold S Edwards	director, officer: President and CEO	SIXTY ONE WILTON ROAD, SECOND FLOOR, WESTPORT CT 06880
Mark Palamountain	officer: CFO, Treasurer & Secretary	C/O LIMONEIRA COMPANY, 1141 CUMMINGS ROAD, SANTA PAULA CA 93060
Scott S Slater	director	550 SOUTH HOPE STREET, SUITE 2850, LOS ANGELES CA 90071
Barbara Carbone	director	120 BROADWAY, SUITE 200, SANTA MONICA CA 90401
Loza Jose De Jesus	director	C/O LIMONEIRA COMPANY, 1141 CUMMINGS ROAD, SANTA PAULA CA 93060
Alex M Teague	officer: Senior Vice President	1141 CUMMINGS ROAD, SANTA PAULA CA 93060
Donald R Rudkin	director	C/O VIRCO MFG. CORPORATION, 2027 HARPERS WAY, TORRANCE CA 90501
Elizabeth Mora	director	C/O MKS INSTRUMENTS, INC., 2 TECH DRIVE, SUITE 201, ANDOVER MA 01810
Merriman John W.h.	director	1141 CUMMINGS ROAD, SANTA PAULA CA 93060
Elizabeth Blanchard Chess	director	C/O LIMONEIRA COMPANY, 1141 CUMMINGS ROAD, SANTA PAULA CA 93060
Robert M Sawyer	director	1141 CUMMINGS ROAD, SANTA PAULA CA 93060
Amy Fukutomi	director, officer: See Remarks	C/O LIMONEIRA COMPANY, 1141 CUMMINGS ROAD, SANTA PAULA CA 93060
Edgar A. Terry	director	C/O LIMONEIRA COMPANY, 1141 CUMMINGS ROAD, SANTA PAULA CA 93060
Gordon E Kimball	director, officer: Chairman	1141 CUMMINGS ROAD, SANTA PAULA CA 93060
Ronald L Michaelis	director	1141 CUMMINGS ROAD, SANTA PAULA CA 93060