Mumias Sugar Co (NAI:MSC) Inventory Turnover: 9.08 (As of Jun. 2018)


NAI:MSC Mumias Sugar Co Ltd NAI:MSC
6 GF Score
Price KES0.28
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What is Mumias Sugar Co Inventory Turnover?

Mumias Sugar Co NAI:MSC 6 Inventory Turnover is 9.08 as of Jun. 2018. GuruFocus rates NAI:MSC with a GF Score™ of 6/100.

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. Mumias Sugar Co's Cost of Goods Sold for the six months ended in Jun. 2018 was KES3,894 Mil. Mumias Sugar Co's Average Total Inventories for the quarter that ended in Jun. 2018 was KES429 Mil. Mumias Sugar Co's Inventory Turnover for the quarter that ended in Jun. 2018 was 9.08.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mumias Sugar Co's Days Inventory for the six months ended in Jun. 2018 was 20.09.

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. Mumias Sugar Co's Inventory-to-Revenue for the quarter that ended in Jun. 2018 was 0.31.

Mumias Sugar Co  (NAI:MSC) 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.

Mumias Sugar Co's Days Inventory for the six months ended in Jun. 2018 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2018 )/Cost of Goods Sold (Q: Jun. 2018 )*Days in Period
=428.6815/3893.965*365 / 2
=20.09

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.

Mumias Sugar Co's Inventory to Revenue for the quarter that ended in Jun. 2018 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2018 ) / Revenue (Q: Jun. 2018 )
=428.6815 / 1379.223
=0.31

* 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.

Mumias Sugar Co Inventory Turnover Related Terms

Mumias Sugar Co Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Mumias Sugar 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.

Mumias Sugar Co Inventory Turnover Chart

Mumias Sugar Co Annual Data
Trend Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.18 6.74 10.76 9.17 9.08

Mumias Sugar Co Semi-Annual Data
Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.18 6.74 10.76 9.17 9.08
NAI:MSC
6GF Score
Mumias Sugar Co Ltd NAI:MSC
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Mumias Sugar Co Inventory Turnover Calculation

Mumias Sugar Co's Inventory Turnover for the fiscal year that ended in Jun. 2018 is calculated as

Inventory Turnover (A: Jun. 2018 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jun. 2018 ) / ((Total Inventories (A: Jun. 2017 ) + Total Inventories (A: Jun. 2018 )) / count )
=3893.965 / ((512.434 + 344.929) / 2 )
=3893.965 / 428.6815
=9.08

Mumias Sugar Co's Inventory Turnover for the quarter that ended in Jun. 2018 is calculated as

Inventory Turnover (Q: Jun. 2018 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2018 ) / ((Total Inventories (Q: Jun. 2017 ) + Total Inventories (Q: Jun. 2018 )) / count )
=3893.965 / ((512.434 + 344.929) / 2 )
=3893.965 / 428.6815
=9.08

* 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 9.08 mean?
Mumias Sugar Co (NAI:MSC) has a Inventory Turnover of 9.08 as of Jun. 2018. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Mumias Sugar Co and its competitors.
Is Mumias Sugar Co's Inventory Turnover too high?
Mumias Sugar Co's current Inventory Turnover is 9.08. Overall, Mumias Sugar Co has a GF Score™ of 6/100, reflecting its overall financial health beyond just this single metric.
How does Mumias Sugar Co's Inventory Turnover compare to competitors?
Mumias Sugar Co's Inventory Turnover of 9.08 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Inventory Turnover depends on the Consumer Packaged Goods 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 Mumias Sugar Co and its competitors. Mumias Sugar Co's current Inventory Turnover is 9.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mumias Sugar Co stock overvalued right now?
Mumias Sugar Co (NAI:MSC) has a current Inventory Turnover of 9.08. The current Inventory Turnover is 9.08. Mumias Sugar Co's overall GF Score™ is 6/100. 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 Mumias Sugar Co (NAI:MSC), the current Inventory Turnover is 9.08 as of Jun. 2018. 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.

Mumias Sugar Co Business Description

Address Kakamega-Bungoma Road, P. O Box Private Bag, Kakamega County, Mumias, KEN
Mumias Sugar Co Ltd is engaged in the production and sale of sugar, ethanol, water. The company is also engaged in the generation and sale of electricity, and also sells bottled drinking water. Its segments include Sugar; Energy; Ethanol and Water in which Sugar segment generates most of the revenue.
6GF Score

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Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

KES0.28
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