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Limoneira Co (Limoneira Co) Inventory Turnover : 0.00 (As of Jan. 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 Jan. 2024 was $40.3 Mil. Limoneira Co's Average Total Inventories for the quarter that ended in Jan. 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 Jan. 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 Jan. 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 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Inventory Turnover
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Limoneira Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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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 Jan. 2024 is calculated as

Inventory Turnover (Q: Jan. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jan. 2024 ) / ((Total Inventories (Q: Oct. 2023 ) + Total Inventories (Q: Jan. 2024 )) / count )
=40.296 / ((0 + 0) / 1 )
=40.296 / 0
=N/A

* 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.


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 Jan. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Jan. 2024 )/Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=0/40.296*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 Jan. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=0 / 39.731
=0.00

* 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.


Limoneira Co Inventory Turnover Related Terms

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Limoneira Co (Limoneira Co) Business Description

Traded in Other Exchanges
Address
1141 Cummings Road, Santa Paula, CA, USA, 93060
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