USIC (Uncle`s Ice Cream) Inventory Turnover : 0.00 (As of . 20)

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What is Uncle`s Ice Cream 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. Uncle`s Ice Cream's Cost of Goods Sold for the six months ended in . 20 was $0.00 Mil. Uncle`s Ice Cream's Average Total Inventories for the quarter that ended in . 20 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

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.

Uncle`s Ice Cream Inventory Turnover Historical Data

The historical data trend for Uncle`s Ice Cream'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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Uncle`s Ice Cream Inventory Turnover Chart

Uncle`s Ice Cream Annual Data

Trend

Inventory Turnover

Uncle`s Ice Cream Semi-Annual Data

Inventory Turnover

Uncle`s Ice Cream Inventory Turnover Calculation

Uncle`s Ice Cream's Inventory Turnover for the fiscal year that ended in . 20 is calculated as

	Inventory Turnover (A: . 20 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: . 20 )	/ (	(Total Inventories (A: . 20 )	+	Total Inventories (A: . 20 ))	/	count )
=		/ (	(	+	)	/	1 )
=		/	0
=	N/A

Uncle`s Ice Cream's Inventory Turnover for the quarter that ended in . 20 is calculated as

	Inventory Turnover (Q: . 20 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: . 20 )	/ (	(Total Inventories (Q: . 20 )	+	Total Inventories (Q: . 20 ))	/	count )
=		/ (	(	+	)	/	1 )
=		/	0
=	N/A

Uncle`s Ice Cream (OTCPK:USIC) 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.

Uncle`s Ice Cream's Days Inventory for the six months ended in . 20 is calculated as:

Days Inventory	=	Average Total Inventories (Q: . 20 )	/	Cost of Goods Sold (Q: . 20 )	*	Days in Period
	=	0	/		*	365 / 2
	=

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.

Uncle`s Ice Cream's Inventory to Revenue for the quarter that ended in . 20 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: . 20 )	/	Revenue (Q: . 20 )
	=	0	/
	=

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.

Uncle`s Ice Cream Inventory Turnover Related Terms

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Uncle`s Ice Cream Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Uncle`s Ice Cream (OTCPK:USIC) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

67-106 Kealohanui Street, Waialua, HI, USA, 96791

Website

https://www.unclesicecream.com

Uncle`s Ice Cream is a wholesale manufacturer of ice cream sandwiches. It starts with the raw ingredient materials and creates the ice cream -including caramelized bananas, chocolate ganache, and apple pie - as well as cookies. It assembles, packages, and delivers sandwiches to wholesale customers.

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