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Intuit Inventory Turnover

: 0.00 (As of Apr. 2020)
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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. Intuit's Cost of Goods Sold for the three months ended in Apr. 2020 was USD 426 Mil. Intuit's Total Inventories for the quarter that ended in Apr. 2020 was USD 0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Intuit's Days Inventory for the three months ended in Apr. 2020 was 0.00.

Total Inventories can be measured by Days Sales of Inventory (DSI). Intuit's days sales of inventory (DSI) for the three months ended in Apr. 2020 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. Intuit's Inventory-to-Revenue for the quarter that ended in Apr. 2020 was 0.00.

Intuit Inventory Turnover Historical Data

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

* Premium members only.

Intuit Annual Data
Jul10 Jul11 Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19
Inventory Turnover Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Intuit Quarterly Data
Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20
Inventory Turnover Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Intuit Inventory Turnover Calculation

Intuit's Inventory Turnover for the fiscal year that ended in Jul. 2019 is calculated as

Inventory Turnover (A: Jul. 2019 )
=Cost of Goods Sold / Total Inventories
=Cost of Goods Sold (A: Jul. 2019 ) / ((Total Inventories (A: Jul. 2018 ) + Total Inventories (A: Jul. 2019 )) / count )
=1167 / ((0 + 0) / 1 )
=1167 / 0
=N/A

Intuit's Inventory Turnover for the quarter that ended in Apr. 2020 is calculated as

Inventory Turnover (Q: Apr. 2020 )
=Cost of Goods Sold / Total Inventories
=Cost of Goods Sold (Q: Apr. 2020 ) / ((Total Inventories (Q: Jan. 2020 ) + Total Inventories (Q: Apr. 2020 )) / count )
=426 / ((0 + 0) / 1 )
=426 / 0
=N/A

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

Intuit  (NAS:INTU) 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.

Intuit's Days Inventory for the three months ended in Apr. 2020 is calculated as:

Days Inventory =Total Inventories (Q: Apr. 2020 )/Cost of Goods Sold (Q: Apr. 2020 )*Days in Period
=0/426*365 / 4
=0.00

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

Intuit's Days Sales of Inventory for the three months ended in Apr. 2020 is calculated as:

Days Sales of Inventory (DSI)=Total Inventories (Q: Apr. 2020 )/Revenue (Q: Apr. 2020 )*Days in Period
=0/3002*365 / 4
=0.00

3. 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.

Intuit's Inventory to Revenue for the quarter that ended in Apr. 2020 is calculated as

Inventory-to-Revenue=Total Inventories (Q: Apr. 2020 ) / Revenue (Q: Apr. 2020 )
=0 / 3002
=0.00

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

Intuit Inventory Turnover Related Terms

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