BBHC (TRNX) Inventory Turnover : 0.85 (As of Sep. 2019)

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What is BBHC 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. BBHC's Cost of Goods Sold for the three months ended in Sep. 2019 was $2.87 Mil. BBHC's Average Total Inventories for the quarter that ended in Sep. 2019 was $3.36 Mil. BBHC's Inventory Turnover for the quarter that ended in Sep. 2019 was 0.85.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. BBHC's Days Inventory for the three months ended in Sep. 2019 was 107.02.

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. BBHC's Inventory-to-Revenue for the quarter that ended in Sep. 2019 was 0.63.

BBHC Inventory Turnover Historical Data

The historical data trend for BBHC'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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BBHC Inventory Turnover Chart

BBHC Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Inventory Turnover

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0.54

0.90

1.34

1.80

2.96

BBHC Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Inventory Turnover	Get a 7-Day Free Trial															0.91	1.06	0.99	1.14	0.85

BBHC Inventory Turnover Calculation

BBHC's Inventory Turnover for the fiscal year that ended in Dec. 2018 is calculated as

	Inventory Turnover (A: Dec. 2018 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2018 )	/ (	(Total Inventories (A: Dec. 2017 )	+	Total Inventories (A: Dec. 2018 ))	/	count )
=	6.69	/ (	(1.602	+	2.922)	/	2 )
=	6.69	/	2.262
=	2.96

BBHC's Inventory Turnover for the quarter that ended in Sep. 2019 is calculated as

	Inventory Turnover (Q: Sep. 2019 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2019 )	/ (	(Total Inventories (Q: Jun. 2019 )	+	Total Inventories (Q: Sep. 2019 ))	/	count )
=	2.867	/ (	(3.249	+	3.476)	/	2 )
=	2.867	/	3.3625
=	0.85

BBHC (OTCPK:TRNX) 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.

BBHC's Days Inventory for the three months ended in Sep. 2019 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2019 )	/	Cost of Goods Sold (Q: Sep. 2019 )	*	Days in Period
	=	3.3625	/	2.867	*	365 / 4
	=	107.02

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.

BBHC's Inventory to Revenue for the quarter that ended in Sep. 2019 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2019 )	/	Revenue (Q: Sep. 2019 )
	=	3.3625	/	5.319
	=	0.63

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.

BBHC Inventory Turnover Related Terms

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BBHC (TRNX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » BBHC Inc (OTCPK:TRNX) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

300 West Clarendon Avenue, Suite 230, Phoenix, AZ, USA, 85013

Website

http://www.taronistech.com

BBHC Inc, formerly Taronis Technologies Inc owns a patented plasma arc technology that enable two end use applications for fuel generation and water decontamination. The company's fuel technology enables use of hydrocarbon based waste streams to be converted to fossil fuel substitutes.

Executives

Kevin Pollack	director	150 RAINVILLE ROAD, TARPON SPRINGS FL 34689
Scott Mahoney	director, officer: CEO, President & Director	4800 NORTH SCOTTSDALE ROAD SUITE 1400 SCOTTSDALE AZ 85251
Dingess, Robert L.	director	150 RAINVILLE ROAD TARPON SPRINGS FL 34689
Tyler B. Wilson	officer: CFO	P.O. BOX 8129 ASPEN CO 81612
Staunton William W Iii	director
Luisa Ingargiola	director	4826 BLUE JAY CIRCLE, PALM HARBOR FL 34683
Carla Santilli	director	90 EASTWINDS CT., PALM HARBOR FL 34683
Jacques Kerrest	director	7436 OLD MAPLE SQUARE, MCLEAN VA 22102-2817
Ruggero M Santilli	director, 10 percent owner	35246 US 19 NORTH N.215, PALM HARBOR FL 34684
Global Beta, Llc	10 percent owner	150 RAINVILLE ROAD, TARPON SPRINGS FL 34689