Hide

FocusBar

FeedbackFeedback
Subscribe to Premium Member
69 (1y: +11%)
Market Cap 15.09 B P/E(ttm) 25.60
Enterprise Value 15.96 B P/B 7.10
BF.B- NYSE (USA)
Brown-Forman Corporation
  • Currently 4.5/5
Business Predictability Rank: 4.5-Star
Back Testing Results:
Average gain of all 4.5-Star stocks: 10.6% per year.
% of Stocks that are in still loss if held for 10yrs: 10%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$69.00
Switch to:

Brown-Forman Corporation Inventory Turnover: 0.2 ( as of Apr13)

* All numbers are in millions except for per share data BF.B 10-Y Financials »

Definition

Inventory Turnover is calculated as:

Inventory Turnover = Cost of goods sold / Average Inventory

Formula

Inventory Turnover = Cost of goods sold / Average Inventory

Brown-Forman Corporation InventoryTurnover Calculation

* All numbers are in millions except for per share data

Brown-Forman Corporation Annual Data

This information is for Premium Members Only.


Take the full advantage of Gurus' investment ideas now.

7-Day Free Trial
Apr04Apr05Apr06Apr07Apr08Apr09Apr10Apr11Apr12Apr13
InventoryTurnoverPremium Member OnlyPremium Member OnlyPremium Member OnlyPremium Member OnlyPremium Member OnlyPremium Member OnlyPremium Member OnlyPremium Member OnlyPremium Member OnlyPremium Member Only
Brown-Forman Corporation Quarterly Data

This information is for Premium Members Only.


Take the full advantage of Gurus' investment ideas now.

7-Day Free Trial
Jan11Apr11Jul11Oct11Jan12Apr12Jul12Oct12Jan13Apr13
InventoryTurnoverPremium Member OnlyPremium Member OnlyPremium Member OnlyPremium Member OnlyPremium Member OnlyPremium Member OnlyPremium Member OnlyPremium Member OnlyPremium Member OnlyPremium Member Only

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.

Beaware

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.

Financial Dictionary

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK