Avalara (Avalara) Inventory Turnover : 0.00 (As of Jun. 2022)

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What is Avalara 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. Avalara's Cost of Goods Sold for the three months ended in Jun. 2022 was $62.1 Mil. Avalara's Average Total Inventories for the quarter that ended in Jun. 2022 was $0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Avalara's Days Inventory for the three months ended in Jun. 2022 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. Avalara's Inventory-to-Revenue for the quarter that ended in Jun. 2022 was 0.00.

Avalara Inventory Turnover Historical Data

The historical data trend for Avalara'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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Avalara Inventory Turnover Chart

Avalara Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Inventory Turnover

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Avalara Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Avalara Inventory Turnover Calculation

Avalara's Inventory Turnover for the fiscal year that ended in Dec. 2021 is calculated as

	Inventory Turnover (A: Dec. 2021 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2021 )	/ (	(Total Inventories (A: Dec. 2020 )	+	Total Inventories (A: Dec. 2021 ))	/	count )
=	206.344	/ (	(0	+	0)	/	1 )
=	206.344	/	0
=	N/A

Avalara's Inventory Turnover for the quarter that ended in Jun. 2022 is calculated as

	Inventory Turnover (Q: Jun. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2022 )	/ (	(Total Inventories (Q: Mar. 2022 )	+	Total Inventories (Q: Jun. 2022 ))	/	count )
=	62.072	/ (	(0	+	0)	/	1 )
=	62.072	/	0
=	N/A

Avalara (NYSE:AVLR) 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.

Avalara's Days Inventory for the three months ended in Jun. 2022 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2022 )	/	Cost of Goods Sold (Q: Jun. 2022 )	*	Days in Period
	=	0	/	62.072	*	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.

Avalara's Inventory to Revenue for the quarter that ended in Jun. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2022 )	/	Revenue (Q: Jun. 2022 )
	=	0	/	208.593
	=	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.

Avalara Inventory Turnover Related Terms

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Avalara (Avalara) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Avalara Inc (NYSE:AVLR) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

255 South King Street, Suite 1800, Seattle, WA, USA, 98104

Website

https://www.avalara.com

Avalara Inc provides compliance solutions. It provides software solutions that help businesses of all types and sizes comply with tax requirements for transactions worldwide. The company offers a broad and growing suite of compliance solutions for transaction taxes, such as sales and use tax, VAT, fuel excise tax, beverage alcohol, cross-border taxes, lodging tax, and communications tax. These solutions enable customers to automate the process of determining taxability, identifying applicable tax rates, determining and collecting taxes, preparing and filing returns, remitting taxes, maintaining tax records, and managing compliance documents. It generates revenue in the form of subscriptions and professional services.

Executives

Scott M Mcfarlane	director, officer: See Remarks	255 SOUTH KING ST., SUITE 1800, SEATTLE WA 98104
Daniel E. Manning	officer: Chief Accounting Officer	255 SOUTH KING ST., SUITE 1800, SEATTLE WA 98104
Ross Tennenbaum	officer: See Remarks	255 S KING ST, STE 1800, SEATTLE WA 98104
Alesia Lee Pinney	officer: See Remarks	AVALARA, INC., 255 SOUTH KING ST., SUITE 1800, SEATTLE WA 98104
Amit Mathradas	officer: See Remarks	255 S KING ST, STE 1800, SEATTLE WA 98104
Marcela Martin	director	C/O SQUARESPACE, INC., 225 VARICK STREET, 12TH FLOOR, NEW YORK NY 10014
Rajeev Singh	director	6222 185TH AVENUE NE, REDMOND WA 98052
Bruce T Crawford	director	255 SOUTH KING ST., SUITE 1800, SEATTLE WA 98104
Srinivas Tallapragada	director	THE LANDMARK AT ONE MARKET STREET, #300, SAN FRANCISCO CA 94105
Kathleen Zwickert	director	255 S KING ST, STE 1800, SEATTLE WA 98104
William Ingram	officer: See Remarks	C/O LEAP WIRELESS INTERNATIONAL, INC., 5887 COPLEY DRIVE, SAN DIEGO CA 92111
Marion R Foote	director	C/O KINETA, INC., 219 TERRY AVE. N., SUITE 300, SEATTLE WA 98109
Edward A Gilhuly	director, 10 percent owner	C/O SAGEVIEW CAPITAL LP, 245 LYTTON AVENUE, SUITE 250, PALO ALTO CA 94301
Chelsea R. Stoner	director	C/O AVALARA, INC., 255 SOUTH KING ST., SUITE 1800, SEATTLE WA 98104
Brian Sharples	director	1250 CAPITAL OF TX HWY, BLDG 2, PLAZA 1, AUSTIN TX 78746