Bagger Dave's Burger Tavern (Bagger Dave's Burger Tavern) Inventory Turnover : 8.68 (As of Dec. 2018)

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What is Bagger Dave's Burger Tavern 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. Bagger Dave's Burger Tavern's Cost of Goods Sold for the three months ended in Dec. 2018 was $1.66 Mil. Bagger Dave's Burger Tavern's Average Total Inventories for the quarter that ended in Dec. 2018 was $0.19 Mil. Bagger Dave's Burger Tavern's Inventory Turnover for the quarter that ended in Dec. 2018 was 8.68.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bagger Dave's Burger Tavern's Days Inventory for the three months ended in Dec. 2018 was 10.51.

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. Bagger Dave's Burger Tavern's Inventory-to-Revenue for the quarter that ended in Dec. 2018 was 0.07.

Bagger Dave's Burger Tavern Inventory Turnover Historical Data

The historical data trend for Bagger Dave's Burger Tavern'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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Bagger Dave's Burger Tavern Inventory Turnover Chart

Bagger Dave's Burger Tavern Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Inventory Turnover

58.74

40.36

38.67

36.79

Bagger Dave's Burger Tavern Quarterly Data
	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Dec18
Inventory Turnover	Get a 7-Day Free Trial					14.22	14.72	15.26	10.53	8.68

Bagger Dave's Burger Tavern Inventory Turnover Calculation

Bagger Dave's Burger Tavern'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 )
=	7.046	/ (	(0.246	+	0.137)	/	2 )
=	7.046	/	0.1915
=	36.79

Bagger Dave's Burger Tavern's Inventory Turnover for the quarter that ended in Dec. 2018 is calculated as

	Inventory Turnover (Q: Dec. 2018 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2018 )	/ (	(Total Inventories (Q: Dec. 2017 )	+	Total Inventories (Q: Dec. 2018 ))	/	count )
=	1.663	/ (	(0.246	+	0.137)	/	2 )
=	1.663	/	0.1915
=	8.68

Bagger Dave's Burger Tavern (OTCPK:BDVB) 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.

Bagger Dave's Burger Tavern's Days Inventory for the three months ended in Dec. 2018 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2018 )	/	Cost of Goods Sold (Q: Dec. 2018 )	*	Days in Period
	=	0.1915	/	1.663	*	365 / 4
	=	10.51

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.

Bagger Dave's Burger Tavern's Inventory to Revenue for the quarter that ended in Dec. 2018 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2018 )	/	Revenue (Q: Dec. 2018 )
	=	0.1915	/	2.576
	=	0.07

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.

Bagger Dave's Burger Tavern Inventory Turnover Related Terms

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Bagger Dave's Burger Tavern (Bagger Dave's Burger Tavern) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Bagger Dave's Burger Tavern Inc (OTCPK:BDVB) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

405 Main Avenue West, Suite 2D, West Fargo, ND, USA, 58078

Website

https://www.baggerdaves.com

Bagger Dave's Burger Tavern Inc is a multi-service ultra-casual restaurant and bar concept. It specializes in locally sourced, fresh prime rib recipe burgers, all-natural lean turkey burgers, hand-cut fries, locally crafted beers on draft, hand-dipped milkshakes, salads, black bean turkey chili, pizza with hot oil and others. The concept differentiates itself from other establishments by the absence of walk-in freezers and microwaves, substantiating fresh food offerings.

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