GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » TerraVia Holdings Inc (OTCPK:TVIAQ) » Definitions » Inventory Turnover

TerraVia Holdings (TerraVia Holdings) Inventory Turnover : 0.56 (As of Mar. 2017)


View and export this data going back to 2011. Start your Free Trial

What is TerraVia Holdings 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. TerraVia Holdings's Cost of Goods Sold for the three months ended in Mar. 2017 was $1.25 Mil. TerraVia Holdings's Average Total Inventories for the quarter that ended in Mar. 2017 was $2.22 Mil. TerraVia Holdings's Inventory Turnover for the quarter that ended in Mar. 2017 was 0.56.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. TerraVia Holdings's Days Inventory for the three months ended in Mar. 2017 was 162.12.

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. TerraVia Holdings's Inventory-to-Revenue for the quarter that ended in Mar. 2017 was 0.49.


TerraVia Holdings Inventory Turnover Historical Data

The historical data trend for TerraVia Holdings'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.

TerraVia Holdings Inventory Turnover Chart

TerraVia Holdings Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Inventory Turnover
Get a 7-Day Free Trial 1.06 0.76 1.02 1.14 1.89

TerraVia Holdings Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 0.17 0.21 0.10 0.71 0.56

TerraVia Holdings Inventory Turnover Calculation

TerraVia Holdings's Inventory Turnover for the fiscal year that ended in Dec. 2016 is calculated as

Inventory Turnover (A: Dec. 2016 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2016 ) / ((Total Inventories (A: Dec. 2015 ) + Total Inventories (A: Dec. 2016 )) / count )
=5.256 / ((3.212 + 2.345) / 2 )
=5.256 / 2.7785
=1.89

TerraVia Holdings's Inventory Turnover for the quarter that ended in Mar. 2017 is calculated as

Inventory Turnover (Q: Mar. 2017 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2017 ) / ((Total Inventories (Q: Dec. 2016 ) + Total Inventories (Q: Mar. 2017 )) / count )
=1.249 / ((2.345 + 2.093) / 2 )
=1.249 / 2.219
=0.56

* 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.


TerraVia Holdings  (OTCPK:TVIAQ) 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.

TerraVia Holdings's Days Inventory for the three months ended in Mar. 2017 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2017 )/Cost of Goods Sold (Q: Mar. 2017 )*Days in Period
=2.219/1.249*365 / 4
=162.12

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.

TerraVia Holdings's Inventory to Revenue for the quarter that ended in Mar. 2017 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2017 ) / Revenue (Q: Mar. 2017 )
=2.219 / 4.519
=0.49

* 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.


TerraVia Holdings Inventory Turnover Related Terms

Thank you for viewing the detailed overview of TerraVia Holdings's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


TerraVia Holdings (TerraVia Holdings) Business Description

Traded in Other Exchanges
N/A
Address
TerraVia Holdings Inc along with its subsidiaries, is engaged in providing renewable oils and other bioproducts. It commercializes its products into target markets such as chemicals and fuels, nutrition, and skin and personal care.
Executives
James Craigie director 500 CHARLES EWING BLVD, EWING NJ 08628
Irene Chang Britt director CAMPBELL SOUP COMPANY, ONE CAMPBELL PLACE, CAMDEN NJ 08103
Gary M Pfeiffer director 1007 MARKET ST, WILMINGTON DE 19898
Ian T Clark director SOLAZYME, INC., 225 GATEWAY BLVD., SOUTH SAN FRANCISCO CA 94080
Paul T Quinlan officer: General Counsel C/O CYMABAY THERAPEUTICS, INC., 7575 GATEWAY BLVD., SUITE 110, NEWARK CA 94560
Ann Mather director
David Clayton Cole director, officer: President PO BOX 187, KAHULUI HI 96733

TerraVia Holdings (TerraVia Holdings) Headlines

No Headlines