Willamette Valley Vineyards (Willamette Valley Vineyards) Inventory Turnover : 0.17 (As of Dec. 2023)

View and export this data going back to 1994. Start your Free Trial

What is Willamette Valley Vineyards 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. Willamette Valley Vineyards's Cost of Goods Sold for the three months ended in Dec. 2023 was $4.61 Mil. Willamette Valley Vineyards's Average Total Inventories for the quarter that ended in Dec. 2023 was $27.19 Mil. Willamette Valley Vineyards's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.17.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Willamette Valley Vineyards's Days Inventory for the three months ended in Dec. 2023 was 538.32.

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. Willamette Valley Vineyards's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 2.53.

Willamette Valley Vineyards Inventory Turnover Historical Data

The historical data trend for Willamette Valley Vineyards'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.

Willamette Valley Vineyards Inventory Turnover Chart

Willamette Valley Vineyards Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

0.57

0.61

0.71

0.73

0.66

Willamette Valley Vineyards Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															0.23	0.17	0.20	0.15	0.17

Willamette Valley Vineyards Inventory Turnover Calculation

Willamette Valley Vineyards's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	16.579	/ (	(22.201	+	28.315)	/	2 )
=	16.579	/	25.258
=	0.66

Willamette Valley Vineyards's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	4.609	/ (	(26.066	+	28.315)	/	2 )
=	4.609	/	27.1905
=	0.17

Willamette Valley Vineyards (NAS:WVVI) 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.

Willamette Valley Vineyards's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	27.1905	/	4.609	*	365 / 4
	=	538.32

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.

Willamette Valley Vineyards's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	27.1905	/	10.753
	=	2.53

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.

Willamette Valley Vineyards Inventory Turnover Related Terms

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

Willamette Valley Vineyards (Willamette Valley Vineyards) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Willamette Valley Vineyards Inc (NAS:WVVI) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

WVVIP.PFD:USA

Address

8800 Enchanted Way, South East, Turner, OR, USA, 97392

Website

https://www.wvv.com

Willamette Valley Vineyards Inc produces and sells premium, super-premium, and ultra-premium wines. The grapes are harvested, fermented, and made into wine at the company's Turner winery, and the wines are sold principally under its Willamette Valley Vineyards label and also under the Griffin Creek, Tualatin Estate, Pambrun, Maison Bleue, Natoma, Metis, and Elton labels. It operates under two operating segments, direct sales and distributor sales. Direct sales include retail sales in its tasting room and remote sites, wine club sales, online sales, on-site events, kitchen and catering sales, and other sales made directly to the consumer without the use of an intermediary. Distributor sales include all sales through a third party where prices are given at a wholesale rate.

Executives

James W Bernau	director, 10 percent owner, officer: Chief Executive Officer	2545 CLOVERDALE RD SE, TURNER OR 97392
Sarah Alice Rose	director	6821 50TH AVE NE, SEATTLE WA 98115
Day Cara Pepper	director	1088 SW PRESTWICK CT., WILSONVILLE OR 97070
Stanley G Turel	director	604 SE 121ST AVE, C/O ARBOR PARK OFFICE, VANCOUVER WA 98683
John Alphonsus Ferry	officer: CFO	15830 FOREST RIDGE LANE NE, SILVERTON OR 97381
Leslie J Copland	director	2350 NW SAVIER STREET, UNIT 406, PORTLAND OR 97210
Goward Richard F. Jr.	officer: CFO	2623 ABBEY LN. SE, SALEM OR 97317
Heather Westing	director	25030 SW PARKWAY AVE, SUITE 300, WILSONVILLE OR 97070
James L Ellis	director	7850 SE KING ROAD, MILWAUKIE OR 97222
Craig Alan Smith	director	367 SANRODEE DR. SE, SALEM OR 97317
Jonathan J Ricci	director	C/O JONES SODA CO., 234 9TH AVE. N., SEATTLE WA 98109
O Brien Betty M	director	22500 INGRAM LANE NW, SALEM OR 97304
Christopher L Sarles	director	2185 SW WINCHESTER, PORTLAND OR 97225-4457
Chris Riccardi	10 percent owner	15 STEDMAN WAY, LOUDONVILLE NY 12211
Delna L. Jones	director	39692 CAMINO TEMPLADO, INDIO CA 92203