SCFFF (Spot Coffee (Canada)) Inventory Turnover: 3.46 (As of Sep. 2023)


What is Spot Coffee (Canada) Inventory Turnover?

Spot Coffee (Canada) SCFFF -90.00% Inventory Turnover is 3.46 as of Sep. 2023.

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. Spot Coffee (Canada)'s Cost of Goods Sold for the three months ended in Sep. 2023 was $0.54 Mil. Spot Coffee (Canada)'s Average Total Inventories for the quarter that ended in Sep. 2023 was $0.16 Mil. Spot Coffee (Canada)'s Inventory Turnover for the quarter that ended in Sep. 2023 was 3.46.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Spot Coffee (Canada)'s Days Inventory for the three months ended in Sep. 2023 was 26.38.

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. Spot Coffee (Canada)'s Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.08.

Spot Coffee (Canada)  (OTCPK:SCFFF) 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.

Spot Coffee (Canada)'s Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=0.157/0.543*365 / 4
=26.38

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.

Spot Coffee (Canada)'s Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=0.157 / 1.85
=0.08

* 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.

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.

Spot Coffee (Canada) Inventory Turnover Related Terms

Spot Coffee (Canada) Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Spot Coffee (Canada)'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.

Spot Coffee (Canada) Inventory Turnover Chart

Spot Coffee (Canada) Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.55 18.84 9.36 11.67 13.99

Spot Coffee (Canada) Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23
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 3.60 3.07 3.41 2.79 3.46

Spot Coffee (Canada) Inventory Turnover Calculation

Spot Coffee (Canada)'s Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Inventory Turnover (A: Dec. 2022 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2022 ) / ((Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count )
=1.881 / ((0.134 + 0.135) / 2 )
=1.881 / 0.1345
=13.99

Spot Coffee (Canada)'s Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover (Q: Sep. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2023 ) / ((Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count )
=0.543 / ((0.174 + 0.14) / 2 )
=0.543 / 0.157
=3.46

* 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 3.46 mean?
Spot Coffee (Canada) (SCFFF) has a Inventory Turnover of 3.46 as of Sep. 2023. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Spot Coffee (Canada) and its competitors.
Is Spot Coffee (Canada)'s Inventory Turnover too high?
Spot Coffee (Canada)'s current Inventory Turnover is 3.46.
How does Spot Coffee (Canada)'s Inventory Turnover compare to MCD and SBUX?
Spot Coffee (Canada)'s Inventory Turnover of 3.46 can be compared against companies in the Restaurants 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 Restaurants company?
A good Inventory Turnover depends on the Restaurants 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 Spot Coffee (Canada) and its competitors. Spot Coffee (Canada)'s current Inventory Turnover is 3.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spot Coffee (Canada) stock overvalued right now?
Spot Coffee (Canada) (SCFFF) has a current Inventory Turnover of 3.46. The current Inventory Turnover is 3.46. 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 Spot Coffee (Canada) (SCFFF), the current Inventory Turnover is 3.46 as of Sep. 2023. 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.

Spot Coffee (Canada) Business Description

Address 130 Queens Quay East, Suite 611, Toronto, ON, CAN, M5A0P6
Spot Coffee (Canada) Ltd has been designing, building and operating company-owned and franchise community cafes in the northeastern United States. SPoT's cafes provide their customers with signature made-to-order meals and award-winning micro-roasted coffee. Each SPoT cafe is distinctively designed to suit the local neighbourhood, creating a warm and friendly gathering place for the community. SPoT's commercial business focuses on the sale of roasted coffee beans to food service and grocery chains, business offices, and resellers such as universities and hospitals.