Fesh Fash Snack Food Production Co (SAU:9515) Inventory Turnover : 1.86 (As of Dec. 2023)

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What is Fesh Fash Snack Food Production Co 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. Fesh Fash Snack Food Production Co's Cost of Goods Sold for the six months ended in Dec. 2023 was ﷼11.44 Mil. Fesh Fash Snack Food Production Co's Average Total Inventories for the quarter that ended in Dec. 2023 was ﷼6.16 Mil. Fesh Fash Snack Food Production Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.86.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Fesh Fash Snack Food Production Co's Days Inventory for the six months ended in Dec. 2023 was 98.22.

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. Fesh Fash Snack Food Production Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.37.

Fesh Fash Snack Food Production Co Inventory Turnover Historical Data

The historical data trend for Fesh Fash Snack Food Production 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.

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Fesh Fash Snack Food Production Co Inventory Turnover Chart

Fesh Fash Snack Food Production Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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4.05

4.28

3.81

4.32

4.17

Fesh Fash Snack Food Production Co Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial					2.16	2.17	2.55	2.25	1.86

Fesh Fash Snack Food Production Co Inventory Turnover Calculation

Fesh Fash Snack Food Production Co's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	23.956	/ (	(5.152	+	6.338)	/	2 )
=	23.956	/	5.745
=	4.17

Fesh Fash Snack Food Production Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	11.436	/ (	(5.972	+	6.338)	/	2 )
=	11.436	/	6.155
=	1.86

Fesh Fash Snack Food Production Co (SAU:9515) 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.

Fesh Fash Snack Food Production Co's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	6.155	/	11.436	*	365 / 2
	=	98.22

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.

Fesh Fash Snack Food Production Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	6.155	/	16.629
	=	0.37

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.

Fesh Fash Snack Food Production Co Inventory Turnover Related Terms

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Fesh Fash Snack Food Production Co (SAU:9515) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Fesh Fash Snack Food Production Co (SAU:9515) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al-Kharj Road 90621, New Industrial Area, Riyadh, SAU, 11623

Website

https://www.feshfashfood.com

Fesh Fash Snack Food Production Co is engaged in the manufacture of food products manufactured from potatoes, including potato chips, and the manufacture of cereal breakfast foods in the form of chips including corn flakes, chips, etc.

Fesh Fash Snack Food Production Co (SAU:9515) Headlines

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