BFYW (Better For You Wellness) Inventory Turnover: 0.07 (As of Aug. 2024)


What is Better For You Wellness Inventory Turnover?

Better For You Wellness BFYW Inventory Turnover is 0.07 as of Aug. 2024.

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. Better For You Wellness's Cost of Goods Sold for the three months ended in Aug. 2024 was $0.00 Mil. Better For You Wellness's Average Total Inventories for the quarter that ended in Aug. 2024 was $0.06 Mil. Better For You Wellness's Inventory Turnover for the quarter that ended in Aug. 2024 was 0.07.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Better For You Wellness's Days Inventory for the three months ended in Aug. 2024 was 1,266.09.

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. Better For You Wellness's Inventory-to-Revenue for the quarter that ended in Aug. 2024 was 9.25.

Better For You Wellness  (OTCPK:BFYW) 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.

Better For You Wellness's Days Inventory for the three months ended in Aug. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Aug. 2024 )/Cost of Goods Sold (Q: Aug. 2024 )*Days in Period
=0.0555/0.004*365 / 4
=1,266.09

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.

Better For You Wellness's Inventory to Revenue for the quarter that ended in Aug. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Aug. 2024 ) / Revenue (Q: Aug. 2024 )
=0.0555 / 0.006
=9.25

* 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.

Better For You Wellness Inventory Turnover Related Terms

Better For You Wellness Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Better For You Wellness'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.

Better For You Wellness Inventory Turnover Chart

Better For You Wellness Annual Data
Trend Aug11 Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Feb22 Feb23 Feb24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 18.00 0.18

Better For You Wellness Quarterly Data
Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 May21 Aug21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 1.00 1.00 0.14 0.09 0.07

Better For You Wellness Inventory Turnover Calculation

Better For You Wellness's Inventory Turnover for the fiscal year that ended in Feb. 2024 is calculated as

Inventory Turnover (A: Feb. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Feb. 2024 ) / ((Total Inventories (A: Feb. 2023 ) + Total Inventories (A: Feb. 2024 )) / count )
=0.005 / ((0.001 + 0.055) / 2 )
=0.005 / 0.028
=0.18

Better For You Wellness's Inventory Turnover for the quarter that ended in Aug. 2024 is calculated as

Inventory Turnover (Q: Aug. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Aug. 2024 ) / ((Total Inventories (Q: May. 2024 ) + Total Inventories (Q: Aug. 2024 )) / count )
=0.004 / ((0.055 + 0.056) / 2 )
=0.004 / 0.0555
=0.07

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 0.07 mean?
Better For You Wellness (BFYW) has a Inventory Turnover of 0.07 as of Aug. 2024. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Better For You Wellness and its competitors.
Is Better For You Wellness' Inventory Turnover too high?
Better For You Wellness' current Inventory Turnover is 0.07.
How does Better For You Wellness' Inventory Turnover compare to ALDA and STRG?
Better For You Wellness' Inventory Turnover of 0.07 can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Diversified Financial Services company?
A good Inventory Turnover depends on the Diversified Financial Services industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Better For You Wellness and its competitors. Better For You Wellness's current Inventory Turnover is 0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Better For You Wellness stock overvalued right now?
Better For You Wellness (BFYW) has a current Inventory Turnover of 0.07. The current Inventory Turnover is 0.07. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Better For You Wellness (BFYW), the current Inventory Turnover is 0.07 as of Aug. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Better For You Wellness Business Description

Address 1349 East Broad Street, Suite 123, Columbus, OH, USA, 43205
Better For You Wellness Inc is engaged in building brands and companies organically as well as exploring and evaluating various opportunities in the plant-based and science-focused food and beverage and consumer packaged goods sectors, including but not limited to, mergers, acquisitions, or business combination transactions.