VDKB (Vodka Brands) Inventory Turnover: 0.07 (As of Dec. 2018)


What is Vodka Brands Inventory Turnover?

Vodka Brands VDKB Inventory Turnover is 0.07 as of Dec. 2018.

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. Vodka Brands's Cost of Goods Sold for the three months ended in Dec. 2018 was $0.01 Mil. Vodka Brands's Average Total Inventories for the quarter that ended in Dec. 2018 was $0.14 Mil. Vodka Brands's Inventory Turnover for the quarter that ended in Dec. 2018 was 0.07.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Vodka Brands's Days Inventory for the three months ended in Dec. 2018 was 1,254.69.

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. Vodka Brands's Inventory-to-Revenue for the quarter that ended in Dec. 2018 was 17.19.

Vodka Brands  (OTCPK:VDKB) 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.

Vodka Brands's Days Inventory for the three months ended in Dec. 2018 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2018 )/Cost of Goods Sold (Q: Dec. 2018 )*Days in Period
=0.1375/0.01*365 / 4
=1,254.69

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.

Vodka Brands's Inventory to Revenue for the quarter that ended in Dec. 2018 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2018 ) / Revenue (Q: Dec. 2018 )
=0.1375 / 0.008
=17.19

* 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.

Vodka Brands Inventory Turnover Related Terms

Vodka Brands Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Vodka Brands'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.

Vodka Brands Inventory Turnover Chart

Vodka Brands Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18
Inventory Turnover
1.89 0.72 0.50 0.19 0.27

Vodka Brands Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Dec17 Dec18
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 0.15 0.09 0.05 0.06 0.07

Vodka Brands Inventory Turnover Calculation

Vodka Brands's Inventory Turnover for the fiscal year that ended in Dec. 2018 is calculated as

Inventory Turnover (A: Dec. 2018 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2018 ) / ((Total Inventories (A: Dec. 2017 ) + Total Inventories (A: Dec. 2018 )) / count )
=0.037 / ((0.139 + 0.136) / 2 )
=0.037 / 0.1375
=0.27

Vodka Brands's Inventory Turnover for the quarter that ended in Dec. 2018 is calculated as

Inventory Turnover (Q: Dec. 2018 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2018 ) / ((Total Inventories (Q: Dec. 2017 ) + Total Inventories (Q: Dec. 2018 )) / count )
=0.01 / ((0.139 + 0.136) / 2 )
=0.01 / 0.1375
=0.07

* 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 0.07 mean?
Vodka Brands (VDKB) has a Inventory Turnover of 0.07 as of Dec. 2018. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Vodka Brands and its competitors.
Is Vodka Brands' Inventory Turnover too high?
Vodka Brands' current Inventory Turnover is 0.07.
How does Vodka Brands' Inventory Turnover compare to JCTG and EAST?
Vodka Brands' Inventory Turnover of 0.07 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 Vodka Brands and its competitors. Vodka Brands's current Inventory Turnover is 0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vodka Brands stock overvalued right now?
Vodka Brands (VDKB) has a current Inventory Turnover of 0.07. The current Inventory Turnover is 0.07. 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 Vodka Brands (VDKB), the current Inventory Turnover is 0.07 as of Dec. 2018. 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.

Vodka Brands Business Description

Address 1 Desiderio Way, McKees Rocks, PA, USA, 15136
Vodka Brands Corp is engaged in the business of developing, marketing, importing, and distributing vodka products. The company markets and sells its products under the Blue diamond and Diamond girl brand names. Its products are sold to wholesale distributors as well as state alcohol beverage control products in the U.S.