XFTB (XFit Brands) Inventory Turnover: 1.50 (As of Dec. 2016)


What is XFit Brands Inventory Turnover?

XFit Brands XFTB Inventory Turnover is 1.50 as of Dec. 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. XFit Brands's Cost of Goods Sold for the three months ended in Dec. 2016 was $0.58 Mil. XFit Brands's Average Total Inventories for the quarter that ended in Dec. 2016 was $0.39 Mil. XFit Brands's Inventory Turnover for the quarter that ended in Dec. 2016 was 1.50.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. XFit Brands's Days Inventory for the three months ended in Dec. 2016 was 61.02.

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. XFit Brands's Inventory-to-Revenue for the quarter that ended in Dec. 2016 was 0.43.

XFit Brands  (OTCPK:XFTB) 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.

XFit Brands's Days Inventory for the three months ended in Dec. 2016 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2016 )/Cost of Goods Sold (Q: Dec. 2016 )*Days in Period
=0.3865/0.578*365 / 4
=61.02

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.

XFit Brands's Inventory to Revenue for the quarter that ended in Dec. 2016 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2016 ) / Revenue (Q: Dec. 2016 )
=0.3865 / 0.902
=0.43

* 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.

XFit Brands Inventory Turnover Related Terms

XFit Brands Inventory Turnover Historical Data

* Premium members only.

The historical data trend for XFit 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.

XFit Brands Inventory Turnover Chart

XFit Brands Annual Data
Trend Jun14 Jun15 Jun16
Inventory Turnover
4.03 7.69 5.80

XFit Brands Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.64 1.41 1.07 0.84 1.50

XFit Brands Inventory Turnover Calculation

XFit Brands's Inventory Turnover for the fiscal year that ended in Jun. 2016 is calculated as

Inventory Turnover (A: Jun. 2016 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jun. 2016 ) / ((Total Inventories (A: Jun. 2015 ) + Total Inventories (A: Jun. 2016 )) / count )
=1.326 / ((0.169 + 0.288) / 2 )
=1.326 / 0.2285
=5.80

XFit Brands's Inventory Turnover for the quarter that ended in Dec. 2016 is calculated as

Inventory Turnover (Q: Dec. 2016 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2016 ) / ((Total Inventories (Q: Sep. 2016 ) + Total Inventories (Q: Dec. 2016 )) / count )
=0.578 / ((0.373 + 0.4) / 2 )
=0.578 / 0.3865
=1.50

* 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 1.50 mean?
XFit Brands (XFTB) has a Inventory Turnover of 1.50 as of Dec. 2016. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on XFit Brands and its competitors.
Is XFit Brands' Inventory Turnover too high?
XFit Brands' current Inventory Turnover is 1.50.
How does XFit Brands' Inventory Turnover compare to WESC and QSMG?
XFit Brands' Inventory Turnover of 1.50 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 XFit Brands and its competitors. XFit Brands's current Inventory Turnover is 1.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is XFit Brands stock overvalued right now?
XFit Brands (XFTB) has a current Inventory Turnover of 1.50. The current Inventory Turnover is 1.50. 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 XFit Brands (XFTB), the current Inventory Turnover is 1.50 as of Dec. 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.

XFit Brands Business Description

Address 25731 Commercentre Drive, Lake Forest, CA, USA, 92630
XFit Brands Inc is active in the leisure industry. Its activities include design, development, and worldwide marketing and selling of functional equipment, training gear, apparel, and accessories for the impact sports market and fitness industry. Its products span the Impact Sports, Mixed Martial Arts (MMA), High and low impact fitness and Cross Training, and other Action Sports and are marketed and sold under the Throwdown, XFit Brands, and Transformations brand names.