Beamz Interactive (Beamz Interactive) Inventory Turnover : 0.14 (As of Dec. 2014)

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What is Beamz Interactive 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. Beamz Interactive's Cost of Goods Sold for the three months ended in Dec. 2014 was $0.05 Mil. Beamz Interactive's Average Total Inventories for the quarter that ended in Dec. 2014 was $0.33 Mil. Beamz Interactive's Inventory Turnover for the quarter that ended in Dec. 2014 was 0.14.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Beamz Interactive's Days Inventory for the three months ended in Dec. 2014 was 670.18.

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. Beamz Interactive's Inventory-to-Revenue for the quarter that ended in Dec. 2014 was 3.80.

Beamz Interactive Inventory Turnover Historical Data

The historical data trend for Beamz Interactive'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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Beamz Interactive Inventory Turnover Chart

Beamz Interactive Annual Data

Trend

Jun11

Jun12

Jun13

Jun14

Inventory Turnover

2.69

1.53

1.01

0.92

Beamz Interactive Quarterly Data
	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14
Inventory Turnover	Get a 7-Day Free Trial										0.31	0.36	0.25	0.16	0.14

Beamz Interactive Inventory Turnover Calculation

Beamz Interactive's Inventory Turnover for the fiscal year that ended in Jun. 2014 is calculated as

	Inventory Turnover (A: Jun. 2014 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2014 )	/ (	(Total Inventories (A: Jun. 2013 )	+	Total Inventories (A: Jun. 2014 ))	/	count )
=	0.308	/ (	(0	+	0.336)	/	1 )
=	0.308	/	0.336
=	0.92

Beamz Interactive's Inventory Turnover for the quarter that ended in Dec. 2014 is calculated as

	Inventory Turnover (Q: Dec. 2014 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2014 )	/ (	(Total Inventories (Q: Sep. 2014 )	+	Total Inventories (Q: Dec. 2014 ))	/	count )
=	0.045	/ (	(0.333	+	0.328)	/	2 )
=	0.045	/	0.3305
=	0.14

Beamz Interactive (OTCPK:BZIC) 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.

Beamz Interactive's Days Inventory for the three months ended in Dec. 2014 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2014 )	/	Cost of Goods Sold (Q: Dec. 2014 )	*	Days in Period
	=	0.3305	/	0.045	*	365 / 4
	=	670.18

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.

Beamz Interactive's Inventory to Revenue for the quarter that ended in Dec. 2014 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2014 )	/	Revenue (Q: Dec. 2014 )
	=	0.3305	/	0.087
	=	3.80

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.

Beamz Interactive Inventory Turnover Related Terms

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Beamz Interactive (Beamz Interactive) Business Description

Industry

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Address

15354 North 83rd Way, Suite 101, Scottsdale, AZ, USA, 85260

Website

http://www.thebeamz.com

Beamz Interactive Inc is a United States based company engaged in the development and marketing of interactive music and laser controller products in a wide variety of music, game education, therapy, lighting, and consumer applications throughout the world. The company's technology portfolio includes multiple patents, patents pending and trade secrets covering interactive music, software, laser-based controllers, gaming applications and related designs and devices.