OGGFF (Oragin Foods) Inventory Turnover: 3.02 (As of Jul. 2022)


What is Oragin Foods Inventory Turnover?

Oragin Foods OGGFF -99.00% Inventory Turnover is 3.02 as of Jul. 2022.

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. Oragin Foods's Cost of Goods Sold for the three months ended in Jul. 2022 was $3.07 Mil. Oragin Foods's Average Total Inventories for the quarter that ended in Jul. 2022 was $1.02 Mil. Oragin Foods's Inventory Turnover for the quarter that ended in Jul. 2022 was 3.02.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Oragin Foods's Days Inventory for the three months ended in Jul. 2022 was 30.22.

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. Oragin Foods's Inventory-to-Revenue for the quarter that ended in Jul. 2022 was 0.23.

Oragin Foods  (OTCPK:OGGFF) 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.

Oragin Foods's Days Inventory for the three months ended in Jul. 2022 is calculated as:

Days Inventory =Average Total Inventories (Q: Jul. 2022 )/Cost of Goods Sold (Q: Jul. 2022 )*Days in Period
=1.015/3.065*365 / 4
=30.22

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.

Oragin Foods's Inventory to Revenue for the quarter that ended in Jul. 2022 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jul. 2022 ) / Revenue (Q: Jul. 2022 )
=1.015 / 4.368
=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.

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.

Oragin Foods Inventory Turnover Related Terms

Oragin Foods Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Oragin Foods'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.

Oragin Foods Inventory Turnover Chart

Oragin Foods Annual Data
Trend Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.38 9.75 9.17 12.68 12.96

Oragin Foods Quarterly Data
Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22
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 3.24 2.89 3.02 3.10 3.02

Oragin Foods Inventory Turnover Calculation

Oragin Foods's Inventory Turnover for the fiscal year that ended in Jan. 2022 is calculated as

Inventory Turnover (A: Jan. 2022 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jan. 2022 ) / ((Total Inventories (A: Jan. 2021 ) + Total Inventories (A: Jan. 2022 )) / count )
=14.091 / ((1.104 + 1.071) / 2 )
=14.091 / 1.0875
=12.96

Oragin Foods's Inventory Turnover for the quarter that ended in Jul. 2022 is calculated as

Inventory Turnover (Q: Jul. 2022 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jul. 2022 ) / ((Total Inventories (Q: Apr. 2022 ) + Total Inventories (Q: Jul. 2022 )) / count )
=3.065 / ((1.024 + 1.006) / 2 )
=3.065 / 1.015
=3.02

* 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 3.02 mean?
Oragin Foods (OGGFF) has a Inventory Turnover of 3.02 as of Jul. 2022. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Oragin Foods and its competitors.
Is Oragin Foods' Inventory Turnover too high?
Oragin Foods' current Inventory Turnover is 3.02.
How does Oragin Foods' Inventory Turnover compare to KHC and GIS?
Oragin Foods' Inventory Turnover of 3.02 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 Oragin Foods and its competitors. Oragin Foods's current Inventory Turnover is 3.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oragin Foods stock overvalued right now?
Oragin Foods (OGGFF) has a current Inventory Turnover of 3.02. The current Inventory Turnover is 3.02. 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 Oragin Foods (OGGFF), the current Inventory Turnover is 3.02 as of Jul. 2022. 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.

Oragin Foods Business Description

Address 579 Kerr Street, Oakville, ON, CAN, V6B 4M9
Oragin Foods Inc is a Canadian multi-pronged food company, that owns and operates canada's natural and organic food retailers, where new and innovativefood and beverage brands are developed, acquired, grown and commercialized through a Consumer-Packaged Goods (CPG) Division.