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S&W Seed Co (S&W Seed Co) Inventory Turnover : 0.30 (As of Mar. 2024)


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What is S&W Seed 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. S&W Seed Co's Cost of Goods Sold for the three months ended in Mar. 2024 was $13.30 Mil. S&W Seed Co's Average Total Inventories for the quarter that ended in Mar. 2024 was $44.75 Mil. S&W Seed Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.30.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. S&W Seed Co's Days Inventory for the three months ended in Mar. 2024 was 307.09.

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. S&W Seed Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 2.44.


S&W Seed Co Inventory Turnover Historical Data

The historical data trend for S&W Seed 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.

* Premium members only.

S&W Seed Co Inventory Turnover Chart

S&W Seed Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.05 0.96 1.11 1.10 1.18

S&W Seed Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Inventory Turnover 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 0.24 0.40 0.26 0.17 0.30

S&W Seed Co Inventory Turnover Calculation

S&W Seed Co's Inventory Turnover for the fiscal year that ended in Jun. 2023 is calculated as

Inventory Turnover (A: Jun. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jun. 2023 ) / ((Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count )
=58.983 / ((54.516 + 45.098) / 2 )
=58.983 / 49.807
=1.18

S&W Seed 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 )
=13.296 / ((46.008 + 43.484) / 2 )
=13.296 / 44.746
=0.30

* 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.


S&W Seed Co  (NAS:SANW) 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.

S&W Seed 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
=44.746/13.296*365 / 4
=307.09

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.

S&W Seed 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 )
=44.746 / 18.325
=2.44

* 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.


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.


S&W Seed Co Inventory Turnover Related Terms

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S&W Seed Co (S&W Seed Co) Business Description

Traded in Other Exchanges
Address
2101 Ken Pratt Boulevard, Suite 201, Longmont, CO, USA, 80501
S&W Seed Co is a multi-crop, middle-market agricultural company. It is engaged in the breeding, production, and sale of alfalfa seed and sorghum seed. It also has a growing commercial market presence in sunflower and maintains an active stevia development program. The company's seed platform develops and supplies germplasm designed to produce higher yields for farmers worldwide. It produces approximately 500 seed products and has a sale in more than 40 countries. Its geographical segments include the United States, Australia, Saudi Arabia, Mexico, South Africa, and other countries.
Executives
Vanessa Baughman officer: Interim CFO C/O S&W SEED COMPANY, 2101 KEN PRATT BLVD., SUITE 201, LONGMONT CO 80501
Wynnefield Partners Small Cap Value Lp 10 percent owner 450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Mark Herrmann director C/O S&W SEED COMPANY, 2101 KEN PRATT BLVD., SUITE 201, LONGMONT CO 80501
Jennifer C. Price 10 percent owner, other: See remarks C/O MFP INVESTORS LLC, 909 THIRD AVENUE, 33RD FLOOR, NEW YORK NY 10022
Mark Wong director, officer: CEO and President BIOFUEL ENERGY CORP., 1600 BROADWAY, SUITE 2200, DENVER CO 80202
Elizabeth Horton officer: Chief Financial Officer C/O S&W SEED COMPANY, 2101 KEN PRATT BLVD., SUITE 201, LONGMONT CO 80501
David Thomas Callachor officer: Executive VP, International C/O S&W SEED COMPANY, 106 K STREET, SUITE 300, SACRAMENTO CA 95814
Mfp Partners Lp 10 percent owner, other: See remarks below 909 THIRD AVENUE, 33RD FLOOR, New York NY 10022
Alan D Willits director 5122 PURDUE AVENUE, DALLAS TX 75209
Matthew K Szot officer: VP Finance and CFO 802 NORTH DOUTY STREET, HANFORD CA 93230
Robert D Straus director 230 EAST 44TH ST APT 9C, NEW YORK NY 10017
Wynnefield Capital, Inc. Profit Sharing Plan 10 percent owner 450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Wynnefield Small Cap Value Offshore Fund Ltd 10 percent owner 450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Wynnefield Capital Inc 10 percent owner 450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Joshua Landes 10 percent owner