MRIB (Marani Brands) Inventory Turnover: 0.23 (As of Mar. 2010)


What is Marani Brands Inventory Turnover?

Marani Brands MRIB -95.00% Inventory Turnover is 0.23 as of Mar. 2010.

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. Marani Brands's Cost of Goods Sold for the three months ended in Mar. 2010 was $0.01 Mil. Marani Brands's Average Total Inventories for the quarter that ended in Mar. 2010 was $0.06 Mil. Marani Brands's Inventory Turnover for the quarter that ended in Mar. 2010 was 0.23.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Marani Brands's Days Inventory for the three months ended in Mar. 2010 was 391.07.

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. Marani Brands's Inventory-to-Revenue for the quarter that ended in Mar. 2010 was 2.31.

Marani Brands  (OTCPK:MRIB) 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.

Marani Brands's Days Inventory for the three months ended in Mar. 2010 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2010 )/Cost of Goods Sold (Q: Mar. 2010 )*Days in Period
=0.06/0.014*365 / 4
=391.07

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.

Marani Brands's Inventory to Revenue for the quarter that ended in Mar. 2010 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2010 ) / Revenue (Q: Mar. 2010 )
=0.06 / 0.026
=2.31

* 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.

Marani Brands Inventory Turnover Related Terms

Marani Brands Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Marani Brands'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.

Marani Brands Inventory Turnover Chart

Marani Brands Annual Data
Trend Jun06 Jun07 Jun08 Jun09
Inventory Turnover
7.00 58.00 1.26 1.43

Marani Brands Quarterly Data
Mar05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10
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 0.16 0.22 0.31 0.21 0.23

Marani Brands Inventory Turnover Calculation

Marani Brands's Inventory Turnover for the fiscal year that ended in Jun. 2009 is calculated as

Inventory Turnover (A: Jun. 2009 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jun. 2009 ) / ((Total Inventories (A: Jun. 2008 ) + Total Inventories (A: Jun. 2009 )) / count )
=0.177 / ((0.077 + 0.171) / 2 )
=0.177 / 0.124
=1.43

Marani Brands's Inventory Turnover for the quarter that ended in Mar. 2010 is calculated as

Inventory Turnover (Q: Mar. 2010 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2010 ) / ((Total Inventories (Q: Dec. 2009 ) + Total Inventories (Q: Mar. 2010 )) / count )
=0.014 / ((0.088 + 0.032) / 2 )
=0.014 / 0.06
=0.23

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 0.23 mean?
Marani Brands (MRIB) has a Inventory Turnover of 0.23 as of Mar. 2010. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Marani Brands and its competitors.
Is Marani Brands' Inventory Turnover too high?
Marani Brands' current Inventory Turnover is 0.23.
How does Marani Brands' Inventory Turnover compare to USNU and ATMS?
Marani Brands' Inventory Turnover of 0.23 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Inventory Turnover depends on the Retail - Cyclical 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 Marani Brands and its competitors. Marani Brands's current Inventory Turnover is 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marani Brands stock overvalued right now?
Marani Brands (MRIB) has a current Inventory Turnover of 0.23. The current Inventory Turnover is 0.23. 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 Marani Brands (MRIB), the current Inventory Turnover is 0.23 as of Mar. 2010. 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.

Marani Brands Business Description

Address 12591 Red Hill Avenue, Suite 1A, Tustin, CA, USA, 92780
Marani Brands Inc is engaged in the business of distribution of wine and spirit products manufactured in Armenia.