Switch to:
BlackRock Corporate High Yield Fund, Inc (:COY)
Inventory Turnover
0.00 (As of . 20)

Inventory turnover measures how fast the company turns over its inventory within a year. It is calculated as cost of goods sold divided by average inventory. BlackRock Corporate High Yield Fund, Inc's cost of goods sold for the six months ended in . 20 was \$0.00 Mil. BlackRock Corporate High Yield Fund, Inc's average inventory for the quarter that ended in . 20 was \$0.00 Mil.

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

Inventory can be measured by Days Sales of Inventory (DSI).

Inventory to revenue ratio 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.

Definition

BlackRock Corporate High Yield Fund, Inc's Inventory Turnover for the fiscal year that ended in . 20 is calculated as

 Inventory Turnover (A: . 20 ) = Cost of Goods Sold (A: . 20 ) / ( (Inventory (A: . 20 ) + Inventory (A: . 20 )) / 2 ) = / ( ( + ) / 2 ) = / 0 = N/A

BlackRock Corporate High Yield Fund, Inc's Inventory Turnover for the quarter that ended in . 20 is calculated as

 Inventory Turnover (Q: . 20 ) = Cost of Goods Sold (Q: . 20 ) / ( (Inventory (Q: . 20 ) + Inventory (Q: . 20 )) / 2 ) = / ( ( + ) / 2 ) = / 0 = N/A

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

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.

BlackRock Corporate High Yield Fund, Inc's Days Inventory for the six months ended in . 20 is calculated as:

 Days Inventory = Average Inventory (Q: . 20 ) / Cost of Goods Sold (Q: . 20 ) * Days in Period = 0 / * 365 / 2 =

2. Inventory can be measured by Days Sales of Inventory (DSI).

BlackRock Corporate High Yield Fund, Inc's Days Sales of Inventory for the six months ended in . 20 is calculated as:

 Days Sales of Inventory = Average Inventory (Q: . 20 ) / Revenue (Q: . 20 ) * Days in Period = 0 / * 365 / 2 =

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.

BlackRock Corporate High Yield Fund, Inc's Inventory to Revenue for the quarter that ended in . 20 is calculated as

 Inventory to Revenue = Average Inventory (Q: . 20 ) / Revenue (Q: . 20 ) = 0 / =

* All numbers are in millions except for per share data and ratio. All numbers are in their own 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.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

BlackRock Corporate High Yield Fund, Inc Annual Data

 Inventory Turnover 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

BlackRock Corporate High Yield Fund, Inc Semi-Annual Data

 Inventory Turnover 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
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)