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Bricktown Brewery Restaurants LLC (Bricktown Brewery Restaurants LLC) Inventory Turnover : 76.40 (As of Dec. 2018)


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What is Bricktown Brewery Restaurants LLC 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. Bricktown Brewery Restaurants LLC's Cost of Goods Sold for the six months ended in Dec. 2018 was $24.03 Mil. Bricktown Brewery Restaurants LLC's Average Total Inventories for the quarter that ended in Dec. 2018 was $0.31 Mil. Bricktown Brewery Restaurants LLC's Inventory Turnover for the quarter that ended in Dec. 2018 was 76.40.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bricktown Brewery Restaurants LLC's Days Inventory for the six months ended in Dec. 2018 was 2.39.

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. Bricktown Brewery Restaurants LLC's Inventory-to-Revenue for the quarter that ended in Dec. 2018 was 0.01.

Bricktown Brewery Restaurants LLC Inventory Turnover Historical Data

The historical data trend for Bricktown Brewery Restaurants LLC'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.

Bricktown Brewery Restaurants LLC Inventory Turnover Chart

Bricktown Brewery Restaurants LLC Annual Data
Trend Dec17 Dec18
Inventory Turnover
84.65 76.40

Bricktown Brewery Restaurants LLC Semi-Annual Data
Dec17 Dec18
Inventory Turnover 84.65 76.40

Bricktown Brewery Restaurants LLC Inventory Turnover Calculation

Bricktown Brewery Restaurants LLC's Inventory Turnover for the fiscal year that ended in Dec. 2018 is calculated as

Inventory Turnover (A: Dec. 2018 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2018 ) / ((Total Inventories (A: Dec. 2017 ) + Total Inventories (A: Dec. 2018 )) / count )
=24.028 / ((0.307 + 0.322) / 2 )
=24.028 / 0.3145
=76.40

Bricktown Brewery Restaurants LLC's Inventory Turnover for the quarter that ended in Dec. 2018 is calculated as

Inventory Turnover (Q: Dec. 2018 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2018 ) / ((Total Inventories (Q: Dec. 2017 ) + Total Inventories (Q: Dec. 2018 )) / count )
=24.028 / ((0.307 + 0.322) / 2 )
=24.028 / 0.3145
=76.40

* 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.

Bricktown Brewery Restaurants LLC  (NAS:BEER) 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.

Bricktown Brewery Restaurants LLC's Days Inventory for the six months ended in Dec. 2018 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2018 )/Cost of Goods Sold (Q: Dec. 2018 )*Days in Period
=0.3145/24.028*365 / 2
=2.39

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.

Bricktown Brewery Restaurants LLC's Inventory to Revenue for the quarter that ended in Dec. 2018 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2018 ) / Revenue (Q: Dec. 2018 )
=0.3145 / 28.105
=0.01

* 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.

Bricktown Brewery Restaurants LLC Inventory Turnover Related Terms

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Bricktown Brewery Restaurants LLC (Bricktown Brewery Restaurants LLC) Business Description

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