Urban Barns Foods (Urban Barns Foods) Inventory Turnover : 0.32 (As of Jan. 2016)

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What is Urban Barns Foods 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. Urban Barns Foods's Cost of Goods Sold for the three months ended in Jan. 2016 was $0.01 Mil. Urban Barns Foods's Average Total Inventories for the quarter that ended in Jan. 2016 was $0.02 Mil. Urban Barns Foods's Inventory Turnover for the quarter that ended in Jan. 2016 was 0.32.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Urban Barns Foods's Days Inventory for the three months ended in Jan. 2016 was 281.35.

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. Urban Barns Foods's Inventory-to-Revenue for the quarter that ended in Jan. 2016 was 0.25.

Urban Barns Foods Inventory Turnover Historical Data

The historical data trend for Urban Barns Foods'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.

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Urban Barns Foods Inventory Turnover Chart

Urban Barns Foods Annual Data

Trend

Jul08

Jul09

Jul10

Jul11

Jul12

Jul13

Jul14

Jul15

Inventory Turnover

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1.00

2.81

Urban Barns Foods Quarterly Data
	Apr11	Jul11	Oct11	Jan12	Apr12	Jul12	Oct12	Jan13	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15	Oct15	Jan16
Inventory Turnover	Get a 7-Day Free Trial															0.30	0.81	0.70	0.51	0.32

Urban Barns Foods Inventory Turnover Calculation

Urban Barns Foods's Inventory Turnover for the fiscal year that ended in Jul. 2015 is calculated as

	Inventory Turnover (A: Jul. 2015 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jul. 2015 )	/ (	(Total Inventories (A: Jul. 2014 )	+	Total Inventories (A: Jul. 2015 ))	/	count )
=	0.045	/ (	(0.013	+	0.019)	/	2 )
=	0.045	/	0.016
=	2.81

Urban Barns Foods's Inventory Turnover for the quarter that ended in Jan. 2016 is calculated as

	Inventory Turnover (Q: Jan. 2016 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jan. 2016 )	/ (	(Total Inventories (Q: Oct. 2015 )	+	Total Inventories (Q: Jan. 2016 ))	/	count )
=	0.006	/ (	(0.016	+	0.021)	/	2 )
=	0.006	/	0.0185
=	0.32

Urban Barns Foods (OTCPK:URBF) 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.

Urban Barns Foods's Days Inventory for the three months ended in Jan. 2016 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jan. 2016 )	/	Cost of Goods Sold (Q: Jan. 2016 )	*	Days in Period
	=	0.0185	/	0.006	*	365 / 4
	=	281.35

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.

Urban Barns Foods's Inventory to Revenue for the quarter that ended in Jan. 2016 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jan. 2016 )	/	Revenue (Q: Jan. 2016 )
	=	0.0185	/	0.073
	=	0.25

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.

Urban Barns Foods Inventory Turnover Related Terms

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Urban Barns Foods (Urban Barns Foods) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Urban Barns Foods Inc (OTCPK:URBF) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

13000 Chemin Bélanger, Mirabel, QC, CAN, J7J 2N8

Website

http://www.urbanbarns.net/

Urban Barns Foods Inc is a produce production company, or grower, that aims to be the supplier of choice for fresh, locally grown, Kosher-certified, organic, or high-quality fruits and vegetables for urban consumers. The company's strategy is to develop a series of urban barns that are used to grow fruits and vegetables in several urban centers, beginning with Montreal, Canada. They offer multiple varieties of lettuce, basil, and various herbs. The company derives revenue from the sale of agricultural products.

Executives

Jeremy Kendall

director

17121 MISSISSAUGA RD, BELFOUNTAIN A6 00000

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