Westrock Coffee Co (FRA:V3J) Inventory Turnover : 1.07 (As of Mar. 2024)

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What is Westrock Coffee Co 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. Westrock Coffee Co's Cost of Goods Sold for the three months ended in Mar. 2024 was €142.8 Mil. Westrock Coffee Co's Average Total Inventories for the quarter that ended in Mar. 2024 was €133.3 Mil. Westrock Coffee Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.07.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Westrock Coffee Co's Days Inventory for the three months ended in Mar. 2024 was 85.18.

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. Westrock Coffee Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.75.

Westrock Coffee Co Inventory Turnover Historical Data

The historical data trend for Westrock Coffee Co'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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Westrock Coffee Co Inventory Turnover Chart

Westrock Coffee Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

5.26

5.89

5.76

4.83

Westrock Coffee Co Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial									1.18	1.26	1.18	1.14	1.07

Westrock Coffee Co Inventory Turnover Calculation

Westrock Coffee Co'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 )
=	664.693	/ (	(137.669	+	137.478)	/	2 )
=	664.693	/	137.5735
=	4.83

Westrock Coffee Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	142.808	/ (	(137.478	+	129.126)	/	2 )
=	142.808	/	133.302
=	1.07

Westrock Coffee Co (FRA:V3J) 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.

Westrock Coffee Co'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
	=	133.302	/	142.808	*	365 / 4
	=	85.18

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.

Westrock Coffee Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	133.302	/	177.1
	=	0.75

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.

Westrock Coffee Co Inventory Turnover Related Terms

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Westrock Coffee Co (FRA:V3J) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Westrock Coffee Co (FRA:V3J) » Definitions » Inventory Turnover

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Traded in Other Exchanges

WEST:USA

Address

4009 N. Rodney Parham Road, 3rd Floor, Little Rock, AR, USA, 72212

Website

https://www.westrockcoffee.com

Westrock Coffee Co is an integrated coffee, tea, flavors, extracts, and ingredients solutions provider in the U.S, providing coffee sourcing, supply chain management, product development, roasting, packaging, and distribution services to retail, foodservice and restaurant, convenience store and travel center, non-commercial account, CPG, and hospitality industries around the world. The company's segment includes Beverage Solutions and Sustainable Sourcing and Traceability. It generates maximum revenue from the Beverage Solutions segment.

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