Bedrocan Cannabis (FRA:8BC) Inventory Turnover : 1.00 (As of Apr. 2015)

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What is Bedrocan Cannabis 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. Bedrocan Cannabis's Cost of Goods Sold for the three months ended in Apr. 2015 was €0.20 Mil. Bedrocan Cannabis's Average Total Inventories for the quarter that ended in Apr. 2015 was €0.20 Mil. Bedrocan Cannabis's Inventory Turnover for the quarter that ended in Apr. 2015 was 1.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bedrocan Cannabis's Days Inventory for the three months ended in Apr. 2015 was 91.48.

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. Bedrocan Cannabis's Inventory-to-Revenue for the quarter that ended in Apr. 2015 was 0.61.

Bedrocan Cannabis Inventory Turnover Historical Data

The historical data trend for Bedrocan Cannabis'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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Bedrocan Cannabis Inventory Turnover Chart

Bedrocan Cannabis Annual Data

Trend

Jan13

Jan14

Jan15

Inventory Turnover

Bedrocan Cannabis Quarterly Data
	Jan13	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15
Inventory Turnover	Get a 7-Day Free Trial					-	-	2.53	-	1.00

Bedrocan Cannabis Inventory Turnover Calculation

Bedrocan Cannabis's Inventory Turnover for the fiscal year that ended in Jan. 2015 is calculated as

	Inventory Turnover (A: Jan. 2015 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jan. 2015 )	/ (	(Total Inventories (A: Jan. 2014 )	+	Total Inventories (A: Jan. 2015 ))	/	count )
=	0	/ (	(0	+	0.143)	/	1 )
=	0	/	0.143
=	0.00

Bedrocan Cannabis's Inventory Turnover for the quarter that ended in Apr. 2015 is calculated as

	Inventory Turnover (Q: Apr. 2015 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Apr. 2015 )	/ (	(Total Inventories (Q: Jan. 2015 )	+	Total Inventories (Q: Apr. 2015 ))	/	count )
=	0.202	/ (	(0.143	+	0.262)	/	2 )
=	0.202	/	0.2025
=	1.00

Bedrocan Cannabis (FRA:8BC) 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.

Bedrocan Cannabis's Days Inventory for the three months ended in Apr. 2015 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Apr. 2015 )	/	Cost of Goods Sold (Q: Apr. 2015 )	*	Days in Period
	=	0.2025	/	0.202	*	365 / 4
	=	91.48

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.

Bedrocan Cannabis's Inventory to Revenue for the quarter that ended in Apr. 2015 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Apr. 2015 )	/	Revenue (Q: Apr. 2015 )
	=	0.2025	/	0.33
	=	0.61

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.

Bedrocan Cannabis Inventory Turnover Related Terms

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Bedrocan Cannabis (FRA:8BC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Bedrocan Cannabis Corp (FRA:8BC) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

Website

http://www.bedrocan.ca

POCML 2 Inc is a capital pool company. The Company will not carry on any business other than the identification and evaluation of assets or businesses with a view to completing a proposed Qualifying Transaction.

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