SVIN (Scheid Vineyards) Inventory Turnover: 0.34 (As of Aug. 2023)


SVIN Scheid Vineyards Inc SVIN
12 GF Score
Price $0.69
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What is Scheid Vineyards Inventory Turnover?

Scheid Vineyards SVIN -3.01% 12 Inventory Turnover is 0.34 as of Aug. 2023. GuruFocus rates SVIN with a GF Score™ of 12/100.

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. Scheid Vineyards's Cost of Goods Sold for the six months ended in Aug. 2023 was $22.12 Mil. Scheid Vineyards's Average Total Inventories for the quarter that ended in Aug. 2023 was $65.86 Mil. Scheid Vineyards's Inventory Turnover for the quarter that ended in Aug. 2023 was 0.34.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Scheid Vineyards's Days Inventory for the six months ended in Aug. 2023 was 543.33.

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. Scheid Vineyards's Inventory-to-Revenue for the quarter that ended in Aug. 2023 was 2.38.

Scheid Vineyards  (OTCPK:SVIN) 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.

Scheid Vineyards's Days Inventory for the six months ended in Aug. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Aug. 2023 )/Cost of Goods Sold (Q: Aug. 2023 )*Days in Period
=65.858/22.121*365 / 2
=543.33

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.

Scheid Vineyards's Inventory to Revenue for the quarter that ended in Aug. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Aug. 2023 ) / Revenue (Q: Aug. 2023 )
=65.858 / 27.698
=2.38

* 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.

Scheid Vineyards Inventory Turnover Related Terms

Scheid Vineyards Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Scheid Vineyards'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.

Scheid Vineyards Inventory Turnover Chart

Scheid Vineyards Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.87 1.01 0.90 0.91 0.90

Scheid Vineyards Semi-Annual Data
Dec02 Jun03 Dec03 Jun04 Dec04 Jun05 Dec05 Feb15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Aug22 Aug23
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 0.28 0.57 0.31 0.43 0.34
SVIN
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Scheid Vineyards Inc SVIN
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Scheid Vineyards Inventory Turnover Calculation

Scheid Vineyards's Inventory Turnover for the fiscal year that ended in Feb. 2020 is calculated as

Inventory Turnover (A: Feb. 2020 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Feb. 2020 ) / ((Total Inventories (A: Feb. 2019 ) + Total Inventories (A: Feb. 2020 )) / count )
=45.347 / ((51.529 + 48.895) / 2 )
=45.347 / 50.212
=0.90

Scheid Vineyards's Inventory Turnover for the quarter that ended in Aug. 2023 is calculated as

Inventory Turnover (Q: Aug. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Aug. 2023 ) / ((Total Inventories (Q: Aug. 2022 ) + Total Inventories (Q: Aug. 2023 )) / count )
=22.121 / ((0 + 65.858) / 1 )
=22.121 / 65.858
=0.34

* 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 0.34 mean?
Scheid Vineyards (SVIN) has a Inventory Turnover of 0.34 as of Aug. 2023. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Scheid Vineyards and its competitors.
Is Scheid Vineyards' Inventory Turnover too high?
Scheid Vineyards' current Inventory Turnover is 0.34. Overall, Scheid Vineyards has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Scheid Vineyards' Inventory Turnover compare to LQR and EAST?
Scheid Vineyards' Inventory Turnover of 0.34 can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good Inventory Turnover depends on the Beverages - Alcoholic 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 Scheid Vineyards and its competitors. Scheid Vineyards's current Inventory Turnover is 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scheid Vineyards stock overvalued right now?
Scheid Vineyards (SVIN) has a current Inventory Turnover of 0.34. The current Inventory Turnover is 0.34. Scheid Vineyards' overall GF Score™ is 12/100. 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 Scheid Vineyards (SVIN), the current Inventory Turnover is 0.34 as of Aug. 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.

Scheid Vineyards Business Description

Address 305 Hilltown Road, Salinas, CA, USA, 93908
Scheid Vineyards Inc is engaged in the production of premium varietal wine grapes and wine, the operation of a custom crush winery facility, and the sale of bottled wine through wholesalers and directly to consumers. The Company operates premium wine grape vineyards in Monterey County, California. Its segments are Finished Goods Sales, which generate maximum revenue and consist of wholesale transactions of finished packaged wine products sold mainly through distributors; Production Sales, which consist of bulk wine and grape sales and winery custom crush and storage services; and Direct Sales, which represent transactions directly to consumers, including tasting room, wine club and online sales.
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