SCLMF (The Scottishlmon Company) Inventory Turnover : 21.58 (As of Jun. 2019)

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What is The Scottishlmon Company 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. The Scottishlmon Company's Cost of Goods Sold for the six months ended in Jun. 2019 was $93.07 Mil. The Scottishlmon Company's Average Total Inventories for the quarter that ended in Jun. 2019 was $4.31 Mil. The Scottishlmon Company's Inventory Turnover for the quarter that ended in Jun. 2019 was 21.58.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. The Scottishlmon Company's Days Inventory for the six months ended in Jun. 2019 was 8.46.

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. The Scottishlmon Company's Inventory-to-Revenue for the quarter that ended in Jun. 2019 was 0.03.

The Scottishlmon Company Inventory Turnover Historical Data

The historical data trend for The Scottishlmon Company'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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The Scottishlmon Company Inventory Turnover Chart

The Scottishlmon Company Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Inventory Turnover

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39.63

24.86

22.20

39.49

28.62

The Scottishlmon Company Semi-Annual Data
	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19
Inventory Turnover	Get a 7-Day Free Trial															11.26	26.31	11.99	9.52	21.58

The Scottishlmon Company Inventory Turnover Calculation

The Scottishlmon Company's Inventory Turnover for the fiscal year that ended in Dec. 2018 is calculated as

	Inventory Turnover (A: Dec. 2018 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2018 )	/ (	(Total Inventories (A: Dec. 2017 )	+	Total Inventories (A: Dec. 2018 ))	/	count )
=	106.02	/ (	(3.46	+	3.948)	/	2 )
=	106.02	/	3.704
=	28.62

The Scottishlmon Company's Inventory Turnover for the quarter that ended in Jun. 2019 is calculated as

	Inventory Turnover (Q: Jun. 2019 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2019 )	/ (	(Total Inventories (Q: Dec. 2018 )	+	Total Inventories (Q: Jun. 2019 ))	/	count )
=	93.071	/ (	(3.948	+	4.678)	/	2 )
=	93.071	/	4.313
=	21.58

The Scottishlmon Company (GREY:SCLMF) 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.

The Scottishlmon Company's Days Inventory for the six months ended in Jun. 2019 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2019 )	/	Cost of Goods Sold (Q: Jun. 2019 )	*	Days in Period
	=	4.313	/	93.071	*	365 / 2
	=	8.46

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.

The Scottishlmon Company's Inventory to Revenue for the quarter that ended in Jun. 2019 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2019 )	/	Revenue (Q: Jun. 2019 )
	=	4.313	/	141.703
	=	0.03

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.

The Scottishlmon Company Inventory Turnover Related Terms

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The Scottishlmon Company Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » The Scottish Salmon Company PLC (GREY:SCLMF) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

43/45 La Motte Street, Channel Islands, Saint Helier, JEY, JE4 8SD

Website

http://www.scottishsalmon.je

The Scottish Salmon Company PLC is engaged in the business of production and sale of Scottish salmon along with complementary investments in other value-added Scottish seafood products. It primarily involves in Fish Farming Operations. Geographically, it derives majority revenue from Europe and also has a presence in the UK, North America and Rest of World.

The Scottishlmon Company Headlines

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