Sothebys's change in inventory for the quarter that ended in Jun. 2019 was $11 Mil. It means Sothebys's inventory
declined by $11 Mil
from Mar. 2019 to Jun. 2019 .
Sothebys's change in inventory for the fiscal year that ended in Dec. 2018 was $19 Mil. It means Sothebys's inventory
declined by $19 Mil
from Dec. 2017 to Dec. 2018 .
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Sothebys's Days Inventory for the quarter that ended in Jun. 2019 was 38.55.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Sothebys's Inventory Turnover for the quarter that ended in Jun. 2019 was 2.37.
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.
Sothebys's Inventory-to-Revenue for the quarter that ended in Jun. 2019 was 0.10.
Sothebys Change In Inventory Historical Data
The historical data trend for Sothebys's Change In Inventory 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.
Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.
Change In Inventory for the trailing twelve months (TTM) ended in Jun. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4 Mil.
* 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.
Sothebys (NYSE:BID) Change In Inventory Explanation
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Sothebys's Days Inventory for the quarter that ended in is calculated as:
3. 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.
Sothebys's Inventory to Revenue for the quarter that ended in Jun. 2019 is calculated as
* 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.
Sothebys Change In Inventory Related Terms
Thank you for viewing the detailed overview of Sothebys's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Sothebys is a global art business based in the United States. Its operations are organized under two segments: agency and finance. The agency business provides an auction space or private sale arrangements for sellers and buyers of fine art, decorative art, wine, jewelry and collectibles. The finance segment provides financing activities for collectors and art dealers. Sotheby's auction commissions include those paid by both buyer and seller, both of which are calculated as a percentage of the price of the property sold at auction. Sotheby's private sale commissions are part of a legally binding agreement between Sotheby's and the seller.
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