VTMB (Vitamin Blue) Inventory Turnover: 2.86 (As of Sep. 2013)


What is Vitamin Blue Inventory Turnover?

Vitamin Blue VTMB -99.00% Inventory Turnover is 2.86 as of Sep. 2013.

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. Vitamin Blue's Cost of Goods Sold for the three months ended in Sep. 2013 was $0.03 Mil. Vitamin Blue's Average Total Inventories for the quarter that ended in Sep. 2013 was $0.01 Mil. Vitamin Blue's Inventory Turnover for the quarter that ended in Sep. 2013 was 2.86.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Vitamin Blue's Days Inventory for the three months ended in Sep. 2013 was 31.94.

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. Vitamin Blue's Inventory-to-Revenue for the quarter that ended in Sep. 2013 was 0.22.

Vitamin Blue  (OTCPK:VTMB) 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.

Vitamin Blue's Days Inventory for the three months ended in Sep. 2013 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2013 )/Cost of Goods Sold (Q: Sep. 2013 )*Days in Period
=0.0105/0.03*365 / 4
=31.94

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.

Vitamin Blue's Inventory to Revenue for the quarter that ended in Sep. 2013 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2013 ) / Revenue (Q: Sep. 2013 )
=0.0105 / 0.048
=0.22

* 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.

Vitamin Blue Inventory Turnover Related Terms

Vitamin Blue Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Vitamin Blue'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.

Vitamin Blue Inventory Turnover Chart

Vitamin Blue Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12
Inventory Turnover
1.87 2.66 4.41 5.03 6.25

Vitamin Blue Quarterly Data
Dec08 Dec09 Mar10 Jun10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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 2.09 1.55 1.36 2.29 2.86

Vitamin Blue Inventory Turnover Calculation

Vitamin Blue's Inventory Turnover for the fiscal year that ended in Dec. 2012 is calculated as

Inventory Turnover (A: Dec. 2012 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2012 ) / ((Total Inventories (A: Dec. 2011 ) + Total Inventories (A: Dec. 2012 )) / count )
=0.075 / ((0.013 + 0.011) / 2 )
=0.075 / 0.012
=6.25

Vitamin Blue's Inventory Turnover for the quarter that ended in Sep. 2013 is calculated as

Inventory Turnover (Q: Sep. 2013 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2013 ) / ((Total Inventories (Q: Jun. 2013 ) + Total Inventories (Q: Sep. 2013 )) / count )
=0.03 / ((0.01 + 0.011) / 2 )
=0.03 / 0.0105
=2.86

* 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 2.86 mean?
Vitamin Blue (VTMB) has a Inventory Turnover of 2.86 as of Sep. 2013. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Vitamin Blue and its competitors.
Is Vitamin Blue's Inventory Turnover too high?
Vitamin Blue's current Inventory Turnover is 2.86.
How does Vitamin Blue's Inventory Turnover compare to GBBT and BWMG?
Vitamin Blue's Inventory Turnover of 2.86 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Inventory Turnover depends on the Travel & Leisure 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 Vitamin Blue and its competitors. Vitamin Blue's current Inventory Turnover is 2.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vitamin Blue stock overvalued right now?
Vitamin Blue (VTMB) has a current Inventory Turnover of 2.86. The current Inventory Turnover is 2.86. 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 Vitamin Blue (VTMB), the current Inventory Turnover is 2.86 as of Sep. 2013. 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.

Vitamin Blue Business Description

Address 1005 West 18th Street, Costa Mesa, CA, USA, 92627
Vitamin Blue Inc is an innovative water boardsports company based in Costa Mesa, California. It designs, manufactures and distributes water boardsports wear (boardshorts and t-shirts) and accessories (board bags, paddle bags and rack pads). The company is focused on becoming a water boardsports brand of long-term excellence through its commitment to exceeding its customers' expectations by producing products of the highest quality and athletic performance. It is an authentic source for unique, functional and diverse water boardsports products.