International Speedway (International Speedway) Inventory Turnover : 0.00 (As of Aug. 2019)

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What is International Speedway 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. International Speedway's Cost of Goods Sold for the three months ended in Aug. 2019 was $95.4 Mil. International Speedway's Average Total Inventories for the quarter that ended in Aug. 2019 was $0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. International Speedway's Days Inventory for the three months ended in Aug. 2019 was 0.00.

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. International Speedway's Inventory-to-Revenue for the quarter that ended in Aug. 2019 was 0.00.

International Speedway Inventory Turnover Historical Data

The historical data trend for International Speedway'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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International Speedway Inventory Turnover Chart

International Speedway Annual Data

Trend

Nov09

Nov10

Nov11

Nov12

Nov13

Nov14

Nov15

Nov16

Nov17

Nov18

Inventory Turnover

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105.12

83.73

International Speedway Quarterly Data
	Nov14	Feb15	May15	Aug15	Nov15	Feb16	May16	Aug16	Nov16	Feb17	May17	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

International Speedway Inventory Turnover Calculation

International Speedway's Inventory Turnover for the fiscal year that ended in Nov. 2018 is calculated as

	Inventory Turnover (A: Nov. 2018 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Nov. 2018 )	/ (	(Total Inventories (A: Nov. 2017 )	+	Total Inventories (A: Nov. 2018 ))	/	count )
=	357.571	/ (	(0	+	0)	/	1 )
=	357.571	/	0
=	N/A

International Speedway's Inventory Turnover for the quarter that ended in Aug. 2019 is calculated as

	Inventory Turnover (Q: Aug. 2019 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Aug. 2019 )	/ (	(Total Inventories (Q: May. 2019 )	+	Total Inventories (Q: Aug. 2019 ))	/	count )
=	95.362	/ (	(0	+	0)	/	1 )
=	95.362	/	0
=	N/A

International Speedway (OTCPK:ISCB) 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.

International Speedway's Days Inventory for the three months ended in Aug. 2019 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Aug. 2019 )	/	Cost of Goods Sold (Q: Aug. 2019 )	*	Days in Period
	=	0	/	95.362	*	365 / 4
	=	0.00

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.

International Speedway's Inventory to Revenue for the quarter that ended in Aug. 2019 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Aug. 2019 )	/	Revenue (Q: Aug. 2019 )
	=	0	/	165.063
	=	0.00

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.

International Speedway Inventory Turnover Related Terms

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International Speedway (International Speedway) Business Description

Industry

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Address

One Daytona Boulevard, Daytona Beach, FL, USA, 32114

Website

http://www.internationalspeedwaycorporation.com

International Speedway operates 13 motorsports stadiums that host more than 100 motorsports events during the racing season, including the famed Daytona 500 and Talladega Superspeedway races. The company has built a casino at its Kansas Speedway in a joint venture with Penn National Gaming. International Speedway is majority-owned by the France family, which also owns privately held NASCAR. About 70% of revenue comes from the motorsports segment, which includes lucrative broadcasting rights.