Aegis Brands (Aegis Brands) Inventory Turnover : 19.64 (As of Mar. 2024)

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What is Aegis Brands 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. Aegis Brands's Cost of Goods Sold for the three months ended in Mar. 2024 was $1.97 Mil. Aegis Brands's Average Total Inventories for the quarter that ended in Mar. 2024 was $0.10 Mil. Aegis Brands's Inventory Turnover for the quarter that ended in Mar. 2024 was 19.64.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Aegis Brands's Days Inventory for the three months ended in Mar. 2024 was 4.65.

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. Aegis Brands's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.03.

Aegis Brands Inventory Turnover Historical Data

The historical data trend for Aegis Brands'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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Aegis Brands Inventory Turnover Chart

Aegis Brands Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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10.19

14.97

3.23

16.49

Aegis Brands Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															1.75	6.78	6.64	-17.04	19.64

Aegis Brands Inventory Turnover Calculation

Aegis Brands'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 )
=	6.349	/ (	(0.676	+	0.094)	/	2 )
=	6.349	/	0.385
=	16.49

Aegis Brands's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	1.974	/ (	(0.094	+	0.107)	/	2 )
=	1.974	/	0.1005
=	19.64

Aegis Brands (OTCPK:SCUPF) 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.

Aegis Brands's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	0.1005	/	1.974	*	365 / 4
	=	4.65

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.

Aegis Brands's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	0.1005	/	3.431
	=	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.

Aegis Brands Inventory Turnover Related Terms

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Aegis Brands (Aegis Brands) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Aegis Brands Inc. (OTCPK:SCUPF) » Definitions » Inventory Turnover

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AEG:Canada

Address

2040 Yonge Street, Suite 200B, Toronto, ON, CAN, M4S 1Z9

Website

https://www.aegisbrands.ca

Aegis Brands Inc. is a consolidator of brands in the food and beverage space with the view to allow entrepreneurial spirit while providing shared services that encourage unlimited growth.. The company operates the Second Cup Coffee Co TM specialty coffee business as part of a portfolio of brands that also includes its retail brands Bridgehead Coffee and Hemisphere Cannabis CoTM. The company owns the trademarks, trade names, operating procedures and systems and other intellectual property used in connection with the operation of these brands in Canada. Its revenues comprise royalties from franchised cafes, the sale of goods from company-operated cafes and retail cannabis dispensaries, the sale of goods through retail and other ancillary channels, and other service fees.