WLDFF (Wildflower Brands) Inventory Turnover: 1.28 (As of Mar. 2020)


What is Wildflower Brands Inventory Turnover?

Wildflower Brands WLDFF -90.00% Inventory Turnover is 1.28 as of Mar. 2020.

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. Wildflower Brands's Cost of Goods Sold for the three months ended in Mar. 2020 was $1.88 Mil. Wildflower Brands's Average Total Inventories for the quarter that ended in Mar. 2020 was $1.47 Mil. Wildflower Brands's Inventory Turnover for the quarter that ended in Mar. 2020 was 1.28.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Wildflower Brands's Days Inventory for the three months ended in Mar. 2020 was 71.35.

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. Wildflower Brands's Inventory-to-Revenue for the quarter that ended in Mar. 2020 was 0.39.

Wildflower Brands  (OTCPK:WLDFF) 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.

Wildflower Brands's Days Inventory for the three months ended in Mar. 2020 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2020 )/Cost of Goods Sold (Q: Mar. 2020 )*Days in Period
=1.466/1.875*365 / 4
=71.35

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.

Wildflower Brands's Inventory to Revenue for the quarter that ended in Mar. 2020 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2020 ) / Revenue (Q: Mar. 2020 )
=1.466 / 3.798
=0.39

* 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.

Wildflower Brands Inventory Turnover Related Terms

Wildflower Brands Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Wildflower 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.

Wildflower Brands Inventory Turnover Chart

Wildflower Brands Annual Data
Trend Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.30 2.44 4.05

Wildflower Brands Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
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 5.12 1.34 2.05 1.40 1.28

Wildflower Brands Inventory Turnover Calculation

Wildflower Brands's Inventory Turnover for the fiscal year that ended in Jun. 2019 is calculated as

Inventory Turnover (A: Jun. 2019 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jun. 2019 ) / ((Total Inventories (A: Jun. 2018 ) + Total Inventories (A: Jun. 2019 )) / count )
=2.955 / ((0.351 + 1.108) / 2 )
=2.955 / 0.7295
=4.05

Wildflower Brands's Inventory Turnover for the quarter that ended in Mar. 2020 is calculated as

Inventory Turnover (Q: Mar. 2020 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2020 ) / ((Total Inventories (Q: Dec. 2019 ) + Total Inventories (Q: Mar. 2020 )) / count )
=1.875 / ((1.459 + 1.473) / 2 )
=1.875 / 1.466
=1.28

* 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 1.28 mean?
Wildflower Brands (WLDFF) has a Inventory Turnover of 1.28 as of Mar. 2020. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Wildflower Brands and its competitors.
Is Wildflower Brands' Inventory Turnover too high?
Wildflower Brands' current Inventory Turnover is 1.28.
How does Wildflower Brands' Inventory Turnover compare to ZTS?
Wildflower Brands' Inventory Turnover of 1.28 can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Inventory Turnover depends on the Drug Manufacturers 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 Wildflower Brands and its competitors. Wildflower Brands's current Inventory Turnover is 1.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wildflower Brands stock overvalued right now?
Wildflower Brands (WLDFF) has a current Inventory Turnover of 1.28. The current Inventory Turnover is 1.28. 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 Wildflower Brands (WLDFF), the current Inventory Turnover is 1.28 as of Mar. 2020. 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.

Wildflower Brands Business Description

Address 1505 West 2nd Avenue, Suite 400, Vancouver, BC, CAN, V6H 3Y4
Wildflower Brands Inc primarily focuses on developing and designing products in the cannabis and healthcare sectors. Wildflower sells its CBD+ products online and to retailers throughout the US and also produces and markets its THC products in regulated cannabis jurisdictions. The company's operations and assets are located in Canada and the USA.