South Beach Spirits (South Beach Spirits) Inventory Turnover : 0.00 (As of Feb. 2018)

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What is South Beach Spirits 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. South Beach Spirits's Cost of Goods Sold for the six months ended in Feb. 2018 was $0.10 Mil. South Beach Spirits's Average Total Inventories for the quarter that ended in Feb. 2018 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. South Beach Spirits's Days Inventory for the six months ended in Feb. 2018 was 0.00.

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. South Beach Spirits's Inventory-to-Revenue for the quarter that ended in Feb. 2018 was 0.00.

South Beach Spirits Inventory Turnover Historical Data

The historical data trend for South Beach Spirits'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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South Beach Spirits Inventory Turnover Chart

South Beach Spirits Annual Data

Trend

Feb13

Feb14

Feb15

Feb16

Feb17

Feb18

Inventory Turnover

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South Beach Spirits Semi-Annual Data
	Feb13	Feb14	Feb15	Feb16	Feb17	Feb18
Inventory Turnover	Get a 7-Day Free Trial			-	-	-	-	-

South Beach Spirits Inventory Turnover Calculation

South Beach Spirits's Inventory Turnover for the fiscal year that ended in Feb. 2018 is calculated as

	Inventory Turnover (A: Feb. 2018 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Feb. 2018 )	/ (	(Total Inventories (A: Feb. 2017 )	+	Total Inventories (A: Feb. 2018 ))	/	count )
=	0.104	/ (	(0	+	0)	/	1 )
=	0.104	/	0
=	N/A

South Beach Spirits's Inventory Turnover for the quarter that ended in Feb. 2018 is calculated as

	Inventory Turnover (Q: Feb. 2018 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Feb. 2018 )	/ (	(Total Inventories (Q: Feb. 2017 )	+	Total Inventories (Q: Feb. 2018 ))	/	count )
=	0.104	/ (	(0	+	0)	/	1 )
=	0.104	/	0
=	N/A

South Beach Spirits (OTCPK:SBES) 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.

South Beach Spirits's Days Inventory for the six months ended in Feb. 2018 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Feb. 2018 )	/	Cost of Goods Sold (Q: Feb. 2018 )	*	Days in Period
	=	0	/	0.104	*	365 / 2
	=	0.00

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.

South Beach Spirits's Inventory to Revenue for the quarter that ended in Feb. 2018 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Feb. 2018 )	/	Revenue (Q: Feb. 2018 )
	=	0	/	0.119
	=	0.00

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.

South Beach Spirits Inventory Turnover Related Terms

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South Beach Spirits (South Beach Spirits) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » South Beach Spirits Inc (OTCPK:SBES) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

8913 Regents Park Drive, No.550, Tampa, FL, USA, 33401

Website

http://southbeach-spirits.com

South Beach Spirits Inc is a Florida based company. The company is engaged in the development, marketing, and distribution of alcoholic beverage. It distributes traditional and flavored vodka under the brand V Georgio Vodka.

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