GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Laird Superfood Inc (AMEX:LSF) » Definitions » Inventory-to-Revenue

Laird Superfood (Laird Superfood) Inventory-to-Revenue : 0.60 (As of Mar. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Laird Superfood Inventory-to-Revenue?

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. Laird Superfood's Average Total Inventories for the quarter that ended in Mar. 2024 was $5.98 Mil. Laird Superfood's Revenue for the three months ended in Mar. 2024 was $9.91 Mil. Laird Superfood's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.60.

Laird Superfood's Inventory-to-Revenue for the quarter that ended in Mar. 2024 declined from Dec. 2023 (0.70) to Dec. 2023 (0.60)

A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Laird Superfood's Days Inventory for the three months ended in Mar. 2024 was 91.76.

Inventory Turnover measures how fast the company turns over its inventory within a year. Laird Superfood's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.99.


Laird Superfood Inventory-to-Revenue Historical Data

The historical data trend for Laird Superfood's Inventory-to-Revenue 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.

Laird Superfood Inventory-to-Revenue Chart

Laird Superfood Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial 0.14 0.17 0.22 0.22 0.18

Laird Superfood Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.68 0.73 0.68 0.70 0.60

Competitive Comparison of Laird Superfood's Inventory-to-Revenue

For the Packaged Foods subindustry, Laird Superfood's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Laird Superfood's Inventory-to-Revenue Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Laird Superfood's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Laird Superfood's Inventory-to-Revenue falls into.



Laird Superfood Inventory-to-Revenue Calculation

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.

Laird Superfood's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (A: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )
=( (5.697 + 6.323) / 2 ) / 34.224
=6.01 / 34.224
=0.18

Laird Superfood's Inventory-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue (Q: Mar. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Revenue (Q: Mar. 2024 )
=( (6.323 + 5.633) / 2 ) / 9.909
=5.978 / 9.909
=0.60

* 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.


Laird Superfood  (AMEX:LSF) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Laird Superfood's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=5.978/5.945*365 / 4
=91.76

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Laird Superfood's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=5.945 / 5.978
=0.99

* 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.


Laird Superfood Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of Laird Superfood's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Laird Superfood (Laird Superfood) Business Description

Traded in Other Exchanges
N/A
Address
5303 Spine Road, Suite 204, Boulder, CO, USA, 80301
Laird Superfood Inc is engaged in the business of manufacturing and marketing differentiated plant-based and functional foods. The product portfolio includes Coffee creamers, Hydration products and beverage-enhancing supplements, Harvest snacks and other food items, and Coffee, tea, and hot chocolate products.
Executives
Anna Hamill officer: Chief Financial Officer C/O LAIRD SUPERFOOD, INC., 275 W. LUNDGREN MILL DRIVE, SISTERS OR 97759
Steven L Richie officer: General Counsel and Secretary 44111 NOBEL DRIVE, FREMONT CA 94538
Andrew Judd officer: Chief Commercial Officer 275 W. LUNDGREN MILL DRIVE, SISTERS OR 97759
Gregory B Graves director 129 CONCORD ROAD, BILLERICA MA 01821
Jason D. Vieth director, officer: Chief Executive Officer C/O SOVOS BRANDS, INC., 168 CENTENNIAL PARKWAY, SUITE 200, LOUISVILLE CO 80027
Grant J Lamontagne director 1221 BROADWAY, OAKLAND CA 94612
Patrick Gaston director C/O BED BATH & BEYOND INC., 650 LIBERTY AVENUE, UNION NJ 07083
Paul Jr. Hodge director, officer: Chief Executive Officer C/O LAIRD SUPERFOOD, INC., 275 W. LUNDGREN MILL DRIVE, SISTERS OR 97759
Scott Mcguire officer: Chief Operating Officer C/O LAIRD SUPERFOOD, INC., 275 W. LUNDGREN MILL DRIVE, SISTERS OR 97759
Andrew J. Mccormick officer: General Counsel and Secretary C/O LAIRD SUPERFOOD, INC., 275 W. LUNDGREN MILL DRIVE, SISTERS OR 97759
Valerie Ells officer: Chief Financial Officer C/O LAIRD SUPERFOOD, INC., 275 W. LUNDGREN MILL DRIVE, SISTERS OR 97759
Laird Hamilton director, officer: Chief Innovator C/O LAIRD SUPERFOOD, INC., 275 W. LUNDGREN MILL DRIVE, SISTERS OR 97759
S.a. Danone 10 percent owner 17, BOULEVARD HAUSSMANN, PARIS I0 75009
Danone Manifesto Ventures, Pbc 10 percent owner 12 WEST 21ST STREET, 12TH FLOOR, NEW YORK NY 10010
Jim Buechler director C/O LAIRD SUPERFOOD, INC., 275 W. LUNDGREN MILL DRIVE, SISTERS OR 97759