Flow Beverage (TSX:FLOW) Inventory Turnover : 0.83 (As of Jan. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Flow Beverage 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. Flow Beverage's Cost of Goods Sold for the three months ended in Jan. 2024 was C$9.53 Mil. Flow Beverage's Average Total Inventories for the quarter that ended in Jan. 2024 was C$11.50 Mil. Flow Beverage's Inventory Turnover for the quarter that ended in Jan. 2024 was 0.83.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Flow Beverage's Days Inventory for the three months ended in Jan. 2024 was 110.12.

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. Flow Beverage's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 1.39.

Flow Beverage Inventory Turnover Historical Data

The historical data trend for Flow Beverage'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.

Flow Beverage Inventory Turnover Chart

Flow Beverage Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Oct21

Oct22

Oct23

Inventory Turnover

Get a 7-Day Free Trial

3.51

4.00

3.55

Flow Beverage Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Inventory Turnover	Get a 7-Day Free Trial															0.68	1.16	1.07	0.92	0.83

Flow Beverage Inventory Turnover Calculation

Flow Beverage's Inventory Turnover for the fiscal year that ended in Oct. 2023 is calculated as

	Inventory Turnover (A: Oct. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Oct. 2023 )	/ (	(Total Inventories (A: Oct. 2022 )	+	Total Inventories (A: Oct. 2023 ))	/	count )
=	40.002	/ (	(10.061	+	12.465)	/	2 )
=	40.002	/	11.263
=	3.55

Flow Beverage's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

	Inventory Turnover (Q: Jan. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jan. 2024 )	/ (	(Total Inventories (Q: Oct. 2023 )	+	Total Inventories (Q: Jan. 2024 ))	/	count )
=	9.526	/ (	(12.465	+	10.526)	/	2 )
=	9.526	/	11.4955
=	0.83

Flow Beverage (TSX:FLOW) 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.

Flow Beverage's Days Inventory for the three months ended in Jan. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jan. 2024 )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
	=	11.4955	/	9.526	*	365 / 4
	=	110.12

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.

Flow Beverage's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jan. 2024 )	/	Revenue (Q: Jan. 2024 )
	=	11.4955	/	8.268
	=	1.39

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.

Flow Beverage Inventory Turnover Related Terms

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

Flow Beverage (TSX:FLOW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Flow Beverage Corp (TSX:FLOW) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

FLWBF:USA

Address

155 Industrial Parkway South, Unit 7-10, Aurora, ON, CAN, L4G 3G6

Website

https://www.flowhydration.com

Flow Beverage Corp is a health and wellness-focused beverage company at the convergence of three important trends in the consumer-packaged goods industry including functional ingredients, sustainable packaging and supply chain and premium quality. It markets its premium alkaline spring water in Canada and the United States in original unflavoured and a range of organic flavors in various sizes.