URBF (Urban Barns Foods) Inventory Turnover: 0.32 (As of Jan. 2016)


What is Urban Barns Foods Inventory Turnover?

Urban Barns Foods URBF -90.00% Inventory Turnover is 0.32 as of Jan. 2016.

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. Urban Barns Foods's Cost of Goods Sold for the three months ended in Jan. 2016 was $0.01 Mil. Urban Barns Foods's Average Total Inventories for the quarter that ended in Jan. 2016 was $0.02 Mil. Urban Barns Foods's Inventory Turnover for the quarter that ended in Jan. 2016 was 0.32.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Urban Barns Foods's Days Inventory for the three months ended in Jan. 2016 was 281.35.

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. Urban Barns Foods's Inventory-to-Revenue for the quarter that ended in Jan. 2016 was 0.25.

Urban Barns Foods  (OTCPK:URBF) 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.

Urban Barns Foods's Days Inventory for the three months ended in Jan. 2016 is calculated as:

Days Inventory =Average Total Inventories (Q: Jan. 2016 )/Cost of Goods Sold (Q: Jan. 2016 )*Days in Period
=0.0185/0.006*365 / 4
=281.35

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.

Urban Barns Foods's Inventory to Revenue for the quarter that ended in Jan. 2016 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jan. 2016 ) / Revenue (Q: Jan. 2016 )
=0.0185 / 0.073
=0.25

* 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.

Urban Barns Foods Inventory Turnover Related Terms

Urban Barns Foods Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Urban Barns Foods'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.

Urban Barns Foods Inventory Turnover Chart

Urban Barns Foods Annual Data
Trend Jul08 Jul09 Jul10 Jul11 Jul12 Jul13 Jul14 Jul15
Inventory Turnover
Get a 7-Day Free Trial 0.00 0.00 1.00 0.00 2.81

Urban Barns Foods Quarterly Data
Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16
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 0.30 0.81 0.70 0.51 0.32

Urban Barns Foods Inventory Turnover Calculation

Urban Barns Foods's Inventory Turnover for the fiscal year that ended in Jul. 2015 is calculated as

Inventory Turnover (A: Jul. 2015 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jul. 2015 ) / ((Total Inventories (A: Jul. 2014 ) + Total Inventories (A: Jul. 2015 )) / count )
=0.045 / ((0.013 + 0.019) / 2 )
=0.045 / 0.016
=2.81

Urban Barns Foods's Inventory Turnover for the quarter that ended in Jan. 2016 is calculated as

Inventory Turnover (Q: Jan. 2016 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jan. 2016 ) / ((Total Inventories (Q: Oct. 2015 ) + Total Inventories (Q: Jan. 2016 )) / count )
=0.006 / ((0.016 + 0.021) / 2 )
=0.006 / 0.0185
=0.32

* 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 0.32 mean?
Urban Barns Foods (URBF) has a Inventory Turnover of 0.32 as of Jan. 2016. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Urban Barns Foods and its competitors.
Is Urban Barns Foods' Inventory Turnover too high?
Urban Barns Foods' current Inventory Turnover is 0.32.
How does Urban Barns Foods' Inventory Turnover compare to SKSDF and RSSFF?
Urban Barns Foods' Inventory Turnover of 0.32 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Inventory Turnover depends on the Consumer Packaged Goods 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 Urban Barns Foods and its competitors. Urban Barns Foods's current Inventory Turnover is 0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Urban Barns Foods stock overvalued right now?
Urban Barns Foods (URBF) has a current Inventory Turnover of 0.32. The current Inventory Turnover is 0.32. 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 Urban Barns Foods (URBF), the current Inventory Turnover is 0.32 as of Jan. 2016. 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.

Urban Barns Foods Business Description

Address 13000 Chemin Belanger, Mirabel, QC, CAN, J7J 2N8
Urban Barns Foods Inc is a produce production company, or grower, that aims to be the supplier of choice for fresh, locally grown, Kosher-certified, organic, or high-quality fruits and vegetables for urban consumers. The company's aims to develop a series of urban barns that are used to grow fruits and vegetables in several urban centers, beginning with Montreal, Canada. The company offer multiple varieties of lettuce, basil, and various herbs. The company derives revenue from the sale of agricultural products.