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BARK (BARK) Inventory Turnover : 0.46 (As of Dec. 2023)


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What is BARK 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. BARK's Cost of Goods Sold for the three months ended in Dec. 2023 was $47.8 Mil. BARK's Average Total Inventories for the quarter that ended in Dec. 2023 was $103.9 Mil. BARK's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.46.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. BARK's Days Inventory for the three months ended in Dec. 2023 was 198.28.

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. BARK's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.83.


BARK Inventory Turnover Historical Data

The historical data trend for BARK'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.

* Premium members only.

BARK Inventory Turnover Chart

BARK Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Inventory Turnover
- 1.97 1.95 1.64

BARK Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.35 0.40 0.40 0.43 0.46

BARK Inventory Turnover Calculation

BARK's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Inventory Turnover (A: Mar. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2023 ) / ((Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count )
=227.2 / ((153.115 + 124.336) / 2 )
=227.2 / 138.7255
=1.64

BARK's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover (Q: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2023 ) / ((Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count )
=47.831 / ((109.391 + 98.471) / 2 )
=47.831 / 103.931
=0.46

* 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.


BARK  (NYSE:BARK) 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.

BARK's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=103.931/47.831*365 / 4
=198.28

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.

BARK's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=103.931 / 125.075
=0.83

* 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.


BARK Inventory Turnover Related Terms

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BARK (BARK) Business Description

Traded in Other Exchanges
N/A
Address
120 Broadway, 12th Floor, New York, NY, USA, 10271
BARK Inc is a dog-centric company, devoted to making dogs happy with the products, services, and content. It serves dogs nationwide with monthly subscription services, BarkBox and Super Chewer; e-commerce experience on BarkShop.com; custom collections via its retail partner network, including Target and Amazon; wellness products that meet dogs' needs with BARK Bright; and a personalized meal delivery service for dogs BARK Eats.
Executives
Matt Meeker director, officer: Executive Chairman C/O THE ORIGINAL BARK COMPANY, 221 CANAL ST., FL 6, NEW YORK NY 10013
Larry E Bodner director PO BOX 193575, SAN FRANCISCO CA 94119
David Kamenetzky director 50 SOUTH POINTE DRIVE, APT. 1206N, MIAMI BEACH FL 33139
Joanna Coles director C/O SNAP INC., 3000 31ST STREET, SANTA MONICA CA 90405
Zahir Ibrahim officer: Chief Financial Officer C/O MOLSON COORS BREWING COMPANY, 1225 17TH STREET, SUITE 3200, DENVER CO 80202
Brian Dostie officer: VP Accounting, Controller 120 BROADWAY, FL 12, NEW YORK NY 10271
Michele S. Meyer director 300 SIXTH AVENUE, PITTSBURGH PA 15222
Paulette R. Dodson director PETSMART, INC, 19601 N 27TH AVE, PHOENIX AZ 85027
Jim Mcginty director C/O THE ORIGINAL BARK COMPANY, 221 CANAL ST., FL 6, NEW YORK NY 10013
Allison Koehler officer: General Counsel and Secretary 3787 MEDER ROAD, SHINGLE SPRINGS CA 95682
Narayanan Sitaraman officer: Chief Technology Officer C/O THE ORIGINAL BARK COMPANY, 221 CANAL ST., FL 6, NEW YORK NY 10013
Kevin Eyerman officer: VP of Accounting/Controller C/O BARK, INC., 221 CANAL STREET, 2ND FLOOR, NEW YORK NY 10013
Cindy Gustafson officer: Chief Marketing Officer C/O BARK INC, 221 CANAL STREET, NEW YORK NY 10013
Jonathan J Ledecky director, 10 percent owner, officer: Chief Operating Officer C/O THE LEDECKY FOUNDATION, 901 - 15TH STREET, NW, SUITE 950, WASHINGTON DC 20005
Henrik Werdelin director, officer: Chief Strategy Officer C/O THE ORIGINAL BARK COMPANY, 221 CANAL ST., FL 6, NEW YORK NY 10013