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Rogers Sugar (TSX:RSI) Inventory Turnover : 0.88 (As of Dec. 2024)


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What is Rogers Sugar 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. Rogers Sugar's Cost of Goods Sold for the three months ended in Dec. 2024 was C$276 Mil. Rogers Sugar's Average Total Inventories for the quarter that ended in Dec. 2024 was C$315 Mil. Rogers Sugar's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.88.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Rogers Sugar's Days Inventory for the three months ended in Dec. 2024 was 103.87.

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. Rogers Sugar's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.97.


Rogers Sugar Inventory Turnover Historical Data

The historical data trend for Rogers Sugar'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.

* Premium members only.

Rogers Sugar Inventory Turnover Chart

Rogers Sugar Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.05 4.18 4.10 3.65 3.79

Rogers Sugar Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.96 1.00 0.87 0.88 0.88

Rogers Sugar Inventory Turnover Calculation

Rogers Sugar's Inventory Turnover for the fiscal year that ended in Sep. 2024 is calculated as

Inventory Turnover (A: Sep. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Sep. 2024 ) / ((Total Inventories (A: Sep. 2023 ) + Total Inventories (A: Sep. 2024 )) / count )
=1055.891 / ((267.268 + 290.299) / 2 )
=1055.891 / 278.7835
=3.79

Rogers Sugar's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover (Q: Dec. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2024 ) / ((Total Inventories (Q: Sep. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count )
=276.428 / ((290.299 + 339.035) / 2 )
=276.428 / 314.667
=0.88

* 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.


Rogers Sugar  (TSX:RSI) 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.

Rogers Sugar's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=314.667/276.428*365 / 4
=103.87

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.

Rogers Sugar's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=314.667 / 323.168
=0.97

* 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.


Rogers Sugar Inventory Turnover Related Terms

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Rogers Sugar Business Description

Traded in Other Exchanges
Address
123 Rogers Street, Vancouver, BC, CAN, V6B 3V2
Rogers Sugar Inc is a Canada-based sugar-producing company. Along with its subsidiaries, it offers products like Brown sugar, Yellow sugar, Icing sugar, and other related sugar products. The company operates in the following reportable segments: Sugar and Maple. The Sugar segment which generates maximum revenue is engaged in the refining, packaging, and marketing of sugar products; and the Maple segment processes pure maple syrup and related maple products. Geographically, the company derives a majority of its revenue from its customers in Canada and the rest from the United States, Europe, and other regions.
Executives
Martin Levesque Senior Officer
M. Dallas H. Ross Director
Adam James Senior Officer
Louis Turenne Senior Officer
Sophie Laviolette Senior Officer
Roderick Terence Kirwan Senior Officer
Jean-sebastien Couillard Senior Officer
Daniel Lafrance Director
Patrick Dionne Senior Officer
William Stephen Maslechko Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Stephanie Ruth Wilkes Director
Shelley Donne Potts Director
Dean Bergmame Director
Gary Collins Director
Michael Andrew Heskin Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)