Salada Foods Jamaica (XJAM:SALF) Inventory Turnover : 0.75 (As of Sep. 2023)

View and export this data going back to 1969. Start your Free Trial

What is Salada Foods Jamaica 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. Salada Foods Jamaica's Cost of Goods Sold for the three months ended in Sep. 2023 was JMD299 Mil. Salada Foods Jamaica's Average Total Inventories for the quarter that ended in Sep. 2023 was JMD400 Mil. Salada Foods Jamaica's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.75.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Salada Foods Jamaica's Days Inventory for the three months ended in Sep. 2023 was 121.88.

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. Salada Foods Jamaica's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.92.

Salada Foods Jamaica Inventory Turnover Historical Data

The historical data trend for Salada Foods Jamaica'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.

* Premium members only.

Salada Foods Jamaica Inventory Turnover Chart

Salada Foods Jamaica Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Inventory Turnover

Get a 7-Day Free Trial

2.24

1.81

1.77

1.84

2.30

Salada Foods Jamaica Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Inventory Turnover	Get a 7-Day Free Trial															0.49	0.44	0.64	0.48	0.75

Salada Foods Jamaica Inventory Turnover Calculation

Salada Foods Jamaica's Inventory Turnover for the fiscal year that ended in Sep. 2023 is calculated as

	Inventory Turnover (A: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Sep. 2023 )	/ (	(Total Inventories (A: Sep. 2022 )	+	Total Inventories (A: Sep. 2023 ))	/	count )
=	975.931	/ (	(475.021	+	374.461)	/	2 )
=	975.931	/	424.741
=	2.30

Salada Foods Jamaica's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

	Inventory Turnover (Q: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	299.444	/ (	(425.44	+	374.461)	/	2 )
=	299.444	/	399.9505
=	0.75

Salada Foods Jamaica (XJAM:SALF) 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.

Salada Foods Jamaica's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	399.9505	/	299.444	*	365 / 4
	=	121.88

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.

Salada Foods Jamaica's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	399.9505	/	435.703
	=	0.92

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.

Salada Foods Jamaica Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Salada Foods Jamaica's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Salada Foods Jamaica (XJAM:SALF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Salada Foods Jamaica Ltd (XJAM:SALF) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

20 Bell Road, P.O. Box 71, Kingston, JAM, 11

Website

https://www.saladafoodsja.com

Salada Foods Jamaica Ltd is engaged in the manufacture and sale of instant coffee and roasted and ground coffee beans and other consumer products. Its products include Jamaica Mountain Peak an Instant Coffee prepared from freshly roasted and ground Arabica Beans from which the solubles are extracted and spray-driedIt has two geographic segments Local and Export, and the majority of the revenue comes from the Local.

Salada Foods Jamaica (XJAM:SALF) Headlines

No Headlines