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Molino CanuelasCIFIA (Molino CanuelasCIFIA) Inventory Turnover : 1.23 (As of Aug. 2017)


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What is Molino CanuelasCIFIA 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. Molino CanuelasCIFIA's Cost of Goods Sold for the three months ended in Aug. 2017 was $405.14 Mil. Molino CanuelasCIFIA's Average Total Inventories for the quarter that ended in Aug. 2017 was $329.20 Mil. Molino CanuelasCIFIA's Inventory Turnover for the quarter that ended in Aug. 2017 was 1.23.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Molino CanuelasCIFIA's Days Inventory for the three months ended in Aug. 2017 was 74.15.

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. Molino CanuelasCIFIA's Inventory-to-Revenue for the quarter that ended in Aug. 2017 was 0.64.

Molino CanuelasCIFIA Inventory Turnover Historical Data

The historical data trend for Molino CanuelasCIFIA'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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Molino CanuelasCIFIA Inventory Turnover Chart

Molino CanuelasCIFIA Annual Data
Trend Nov13 Nov14 Nov15 Nov16
Inventory Turnover
- 12.68 11.44 10.26

Molino CanuelasCIFIA Quarterly Data
Nov14 Nov15 May16 Aug16 Nov16 May17 Aug17
Inventory Turnover Get a 7-Day Free Trial 2.48 - 3.40 1.53 1.23

Molino CanuelasCIFIA Inventory Turnover Calculation

Molino CanuelasCIFIA's Inventory Turnover for the fiscal year that ended in Nov. 2016 is calculated as

Inventory Turnover (A: Nov. 2016 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Nov. 2016 ) / ((Total Inventories (A: Nov. 2015 ) + Total Inventories (A: Nov. 2016 )) / count )
=1664.077 / ((159.28 + 165.245) / 2 )
=1664.077 / 162.2625
=10.26

Molino CanuelasCIFIA's Inventory Turnover for the quarter that ended in Aug. 2017 is calculated as

Inventory Turnover (Q: Aug. 2017 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Aug. 2017 ) / ((Total Inventories (Q: May. 2017 ) + Total Inventories (Q: Aug. 2017 )) / count )
=405.135 / ((308 + 350.391) / 2 )
=405.135 / 329.1955
=1.23

* 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.

Molino CanuelasCIFIA  (NYSE:MOLC) 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.

Molino CanuelasCIFIA's Days Inventory for the three months ended in Aug. 2017 is calculated as:

Days Inventory =Average Total Inventories (Q: Aug. 2017 )/Cost of Goods Sold (Q: Aug. 2017 )*Days in Period
=329.1955/405.135*365 / 4
=74.15

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.

Molino CanuelasCIFIA's Inventory to Revenue for the quarter that ended in Aug. 2017 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Aug. 2017 ) / Revenue (Q: Aug. 2017 )
=329.1955 / 518.225
=0.64

* 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.

Molino CanuelasCIFIA Inventory Turnover Related Terms

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Molino CanuelasCIFIA (Molino CanuelasCIFIA) Business Description

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