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Bank of America Corporation  (NYSE:BAC) Change In Inventory: \$0 Mil (As of Jun. 2017)

Bank of America Corporation's change in inventory for the quarter that ended in Jun. 2017 was \$0 Mil. It means Bank of America Corporation's inventory stayed the same from Mar. 2017 to Jun. 2017 .

Bank of America Corporation's change in inventory for the fiscal year that ended in Dec. 2016 was \$0 Mil. It means Bank of America Corporation's inventory stayed the same from Dec. 2015 to Dec. 2016 .

Bank of America Corporation's Total Inventories for the quarter that ended in Jun. 2017 was \$0 Mil.

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

Total Inventories can be measured by Days Sales of Inventory (DSI). Bank of America Corporation's days sales of inventory (DSI) for the quarter that ended in Jun. 2017 was 0.00.

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Bank of America Corporation's Inventory-to-Revenue for the quarter that ended in Jun. 2017 was 0.00.

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Bank of America Corporation Annual Data

 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Change In Inventory 0.00 0.00 0.00 0.00 0.00

Bank of America Corporation Quarterly Data

 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Change In Inventory 0.00 0.00 0.00 0.00 0.00

Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Explanation

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

Bank of America Corporation's Days Inventory for the quarter that ended in is calculated as:

 Days Inventory = Total Inventories / Cost of Goods Sold * Days in Period = 0 / 0 * 365 / 4 = N/A

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

Bank of America Corporation's Days Sales of Inventory for the quarter that ended in Jun. 2017 is calculated as

 Days Sales of Inventory (DSI) = Total Inventories / Revenue * Days in Period = 0 / 22829 * 365 / 4 = 0.00

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Bank of America Corporation's Inventory Turnover for the quarter that ended in Jun. 2017 is calculated as

 Inventory Turnover = Cost of Goods Sold / Total Inventories = 0 / 0 = N/A

4. 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.

Bank of America Corporation's Inventory to Revenue for the quarter that ended in Jun. 2017 is calculated as

 Inventory-to-Revenue = Total Inventories / Revenue = 0 / 22829 = 0.00

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Related Terms