PKBFF (PeakBirch Commerce) Inventory Turnover: 2.20 (As of Jul. 2022)


What is PeakBirch Commerce Inventory Turnover?

PeakBirch Commerce PKBFF -99.97% Inventory Turnover is 2.20 as of Jul. 2022.

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. PeakBirch Commerce's Cost of Goods Sold for the three months ended in Jul. 2022 was $0.11 Mil. PeakBirch Commerce's Average Total Inventories for the quarter that ended in Jul. 2022 was $0.05 Mil. PeakBirch Commerce's Inventory Turnover for the quarter that ended in Jul. 2022 was 2.20.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PeakBirch Commerce's Days Inventory for the three months ended in Jul. 2022 was 41.51.

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. PeakBirch Commerce's Inventory-to-Revenue for the quarter that ended in Jul. 2022 was 0.20.

PeakBirch Commerce  (OTCPK:PKBFF) 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.

PeakBirch Commerce's Days Inventory for the three months ended in Jul. 2022 is calculated as:

Days Inventory =Average Total Inventories (Q: Jul. 2022 )/Cost of Goods Sold (Q: Jul. 2022 )*Days in Period
=0.0505/0.111*365 / 4
=41.51

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.

PeakBirch Commerce's Inventory to Revenue for the quarter that ended in Jul. 2022 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jul. 2022 ) / Revenue (Q: Jul. 2022 )
=0.0505 / 0.249
=0.20

* 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.

PeakBirch Commerce Inventory Turnover Related Terms

PeakBirch Commerce Inventory Turnover Historical Data

* Premium members only.

The historical data trend for PeakBirch Commerce'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.

PeakBirch Commerce Inventory Turnover Chart

PeakBirch Commerce Annual Data
Trend Oct20 Oct21
Inventory Turnover
175.00 67.12

PeakBirch Commerce Quarterly Data
Aug19 Aug20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22
Inventory Turnover Get a 7-Day Free Trial Premium Member Only 5.43 -0.24 3.06 1.36 2.20

PeakBirch Commerce Inventory Turnover Calculation

PeakBirch Commerce's Inventory Turnover for the fiscal year that ended in Oct. 2021 is calculated as

Inventory Turnover (A: Oct. 2021 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Oct. 2021 ) / ((Total Inventories (A: Oct. 2020 ) + Total Inventories (A: Oct. 2021 )) / count )
=2.215 / ((0.007 + 0.059) / 2 )
=2.215 / 0.033
=67.12

PeakBirch Commerce's Inventory Turnover for the quarter that ended in Jul. 2022 is calculated as

Inventory Turnover (Q: Jul. 2022 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jul. 2022 ) / ((Total Inventories (Q: Apr. 2022 ) + Total Inventories (Q: Jul. 2022 )) / count )
=0.111 / ((0.051 + 0.05) / 2 )
=0.111 / 0.0505
=2.20

* 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 2.20 mean?
PeakBirch Commerce (PKBFF) has a Inventory Turnover of 2.20 as of Jul. 2022. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on PeakBirch Commerce and its competitors.
Is PeakBirch Commerce's Inventory Turnover too high?
PeakBirch Commerce's current Inventory Turnover is 2.20.
How does PeakBirch Commerce's Inventory Turnover compare to ZTS and CTLT?
PeakBirch Commerce's Inventory Turnover of 2.20 can be compared against companies in the Healthcare Providers & 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 Healthcare Providers & Services company?
A good Inventory Turnover depends on the Healthcare Providers & 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 PeakBirch Commerce and its competitors. PeakBirch Commerce's current Inventory Turnover is 2.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PeakBirch Commerce stock overvalued right now?
PeakBirch Commerce (PKBFF) has a current Inventory Turnover of 2.20. The current Inventory Turnover is 2.20. 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 PeakBirch Commerce (PKBFF), the current Inventory Turnover is 2.20 as of Jul. 2022. 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.

PeakBirch Commerce Business Description

Address 400, 837 West Hastings Street, Vancouver, BC, CAN, V6C 3N6
PeakBirch Commerce Inc is engaged in the distribution of vaporizers and accessories for aromatherapy and other purposes. Its geographical segments include United States, Canada, and United Kingdom .