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BowFlex (BowFlex) Inventory Turnover : 0.83 (As of Dec. 2023)


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What is BowFlex 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. BowFlex's Cost of Goods Sold for the three months ended in Dec. 2023 was $50.2 Mil. BowFlex's Average Total Inventories for the quarter that ended in Dec. 2023 was $60.2 Mil. BowFlex's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.83.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. BowFlex's Days Inventory for the three months ended in Dec. 2023 was 109.48.

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. BowFlex's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.89.


BowFlex Inventory Turnover Historical Data

The historical data trend for BowFlex'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.

* Premium members only.

BowFlex Inventory Turnover Chart

BowFlex Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Mar21 Mar22 Mar23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.22 6.11 - 4.92 2.98

BowFlex Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Inventory Turnover Get a 7-Day Free Trial 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 0.85 0.93 0.77 0.73 0.83

BowFlex Inventory Turnover Calculation

BowFlex's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Inventory Turnover (A: Mar. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2023 ) / ((Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count )
=234.819 / ((111.19 + 46.599) / 2 )
=234.819 / 78.8945
=2.98

BowFlex's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover (Q: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2023 ) / ((Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count )
=50.177 / ((66.077 + 54.327) / 2 )
=50.177 / 60.202
=0.83

* 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.


BowFlex  (OTCPK:BFXXQ) 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.

BowFlex's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=60.202/50.177*365 / 4
=109.48

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.

BowFlex's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=60.202 / 67.566
=0.89

* 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.


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.


BowFlex Inventory Turnover Related Terms

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BowFlex (BowFlex) Business Description

Traded in Other Exchanges
Address
17750 S.E. 6th Way, Vancouver, WA, USA, 98683
BowFlex Inc is a company who operates under the brand name for a series of fitness training equipment marketed and sold by Nautilus. The product's lineup consists of indoor cycling bikes, Max Trainers, Home Gyms, treadmills, adjustable dumbbells, and more.
Executives
Jeffery Lynn Collins officer: VP & GM, Intr./Comm. Specialty C/O NAUTILUS, INC., 17750 SE 6TH WAY, VANCOUVER WA 98683
Jay Mcgregor officer: VP & GM, Retail C/O NAUTILUS, INC., 17750 SE 6TH WAY, VANCOUVER WA 98683
Becky L. Alseth officer: Chief Marketing Officer C/O NAUTILUS, INC., 17750 SE 6TH WAY, VANCOUVER WA 98683
Ruby Sharma director 24 ARNOLD DRIVE, PRINCETON JCT. NJ 08550
Marvin G Siegert director 16400 SE NAUTILUS DRIVE, VANCOUVER WA 98683
Sarah Anne Jones officer: Principal Accounting Officer C/O NAUTILUS, INC., 17750 SE 6TH WAY, VANCOUVER WA 98683
Shailesh Prakash director 17750 SE 6TH WAY, VANCOUVER WA 98683
Kelley Hall director C/O NAUTILUS, INC., 17750 SE 6TH WAY, VANCOUVER WA 98683
Jim Barr director, officer: Chief Executive Officer C/O NAUTILUS, INC., 17750 SE 6TH WAY, VANCOUVER WA 98683
Alan Lop-gate Chan officer: Chief Legal Officer C/O NAUTILUS, INC., 17750 SE 6TH WAY, VANCOUVER WA 98683
Johnson Carl M Iii director 17750 SE 6TH WAY, VANCOUVER WA 98683
Patricia M. Ross director 17750 S.E. 6TH WAY, VANCOUVER WA 98683
John R. Goelz officer: Chief Supply Chain Officer C/O NAUTILUS, INC, 17750 SE 6TH WAY, VANCOUVER WA 98683
Wayne M Bolio officer: Sr. VP, Law/General Counsel C/O THE NAUTILUS GROUP INC, 1400 N.E. 136TH AVE, VANCOUVER WA 98684
Ellen Raim officer: Chief People Officer CASCADE MICROTECH INC., 9100 SW GEMINI DRIVE, BEAVERTON OR 97008

BowFlex (BowFlex) Headlines

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