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ArborGen Holdings (NZSE:ARB) Inventory Turnover : 1.03 (As of Mar. 2024)


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What is ArborGen Holdings 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. ArborGen Holdings's Cost of Goods Sold for the six months ended in Mar. 2024 was NZ$70.3 Mil. ArborGen Holdings's Average Total Inventories for the quarter that ended in Mar. 2024 was NZ$68.2 Mil. ArborGen Holdings's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.03.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. ArborGen Holdings's Days Inventory for the six months ended in Mar. 2024 was 177.15.

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. ArborGen Holdings's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.75.


ArborGen Holdings Inventory Turnover Historical Data

The historical data trend for ArborGen Holdings'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.

* Premium members only.

ArborGen Holdings Inventory Turnover Chart

ArborGen Holdings Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.37 1.01 0.36 1.28 1.34

ArborGen Holdings Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 0.41 -0.01 0.93 0.04 1.03

ArborGen Holdings Inventory Turnover Calculation

ArborGen Holdings's Inventory Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Inventory Turnover (A: Mar. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2024 ) / ((Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count )
=72.931 / ((50.294 + 58.578) / 2 )
=72.931 / 54.436
=1.34

ArborGen Holdings's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover (Q: Mar. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2024 ) / ((Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count )
=70.264 / ((77.833 + 58.578) / 2 )
=70.264 / 68.2055
=1.03

* 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.


ArborGen Holdings  (NZSE:ARB) 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.

ArborGen Holdings's Days Inventory for the six months ended in Mar. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=68.2055/70.264*365 / 2
=177.15

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.

ArborGen Holdings's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=68.2055 / 90.984
=0.75

* 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.


ArborGen Holdings Inventory Turnover Related Terms

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ArborGen Holdings (NZSE:ARB) Business Description

Traded in Other Exchanges
Address
100 Parnell Road, Suite 107 PO Box 68 249, Victoria Street West, Auckland, NZL, 1052
ArborGen Holdings Ltd is a producer of tree seedling products and providers of conventional and technology-enhanced seedlings to the forestry industry. Seedlings are sold to landowners and managers. The Company has one reportable segment, being forestry genetics. The Company's revenues are earned from the sale of seedlings or treestocks and logistics services to some customers. The firm focuses on loblolly pine, radiata pine, and eucalyptus. Tenon clear wood is a manufacturer of radiata pine clear wood products. The firm converts logs into log length, clear boards, and related products.

ArborGen Holdings (NZSE:ARB) Headlines