Best of the Best (LSE:BOTB) Inventory Turnover : 0.00 (As of Apr. 2023)

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What is Best of the Best 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. Best of the Best's Cost of Goods Sold for the six months ended in Apr. 2023 was £5.62 Mil. Best of the Best's Average Total Inventories for the quarter that ended in Apr. 2023 was £0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Best of the Best's Days Inventory for the six months ended in Apr. 2023 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. Best of the Best's Inventory-to-Revenue for the quarter that ended in Apr. 2023 was 0.00.

Best of the Best Inventory Turnover Historical Data

The historical data trend for Best of the Best'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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Best of the Best Inventory Turnover Chart

Best of the Best Annual Data

Trend

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Apr23

Inventory Turnover

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Best of the Best Semi-Annual Data
	Oct13	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Best of the Best Inventory Turnover Calculation

Best of the Best's Inventory Turnover for the fiscal year that ended in Apr. 2023 is calculated as

	Inventory Turnover (A: Apr. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Apr. 2023 )	/ (	(Total Inventories (A: Apr. 2022 )	+	Total Inventories (A: Apr. 2023 ))	/	count )
=	11.107	/ (	(0	+	0)	/	1 )
=	11.107	/	0
=	N/A

Best of the Best's Inventory Turnover for the quarter that ended in Apr. 2023 is calculated as

	Inventory Turnover (Q: Apr. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Apr. 2023 )	/ (	(Total Inventories (Q: Oct. 2022 )	+	Total Inventories (Q: Apr. 2023 ))	/	count )
=	5.619	/ (	(0	+	0)	/	1 )
=	5.619	/	0
=	N/A

Best of the Best (LSE:BOTB) 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.

Best of the Best's Days Inventory for the six months ended in Apr. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Apr. 2023 )	/	Cost of Goods Sold (Q: Apr. 2023 )	*	Days in Period
	=	0	/	5.619	*	365 / 2
	=	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.

Best of the Best's Inventory to Revenue for the quarter that ended in Apr. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Apr. 2023 )	/	Revenue (Q: Apr. 2023 )
	=	0	/	12.505
	=	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.

Best of the Best Inventory Turnover Related Terms

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Best of the Best (LSE:BOTB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Best of the Best PLC (LSE:BOTB) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

72/74 St Dionis Road, 2 Plato Place, London, GBR, SW6 4TU

Website

https://www.botb.com

Best of the Best PLC engages in a specialty lottery business. The company's only operating segment being the operation of weekly competitions to win luxury cars and other prizes. It generates revenue from the sale of tickets to the competition.

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