Blackstar Enterprise Group (Blackstar Enterprise Group) Inventory Turnover : 0.00 (As of Dec. 2023)

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What is Blackstar Enterprise Group 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. Blackstar Enterprise Group's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.00 Mil. Blackstar Enterprise Group's Average Total Inventories for the quarter that ended in Dec. 2023 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

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.

Blackstar Enterprise Group Inventory Turnover Historical Data

The historical data trend for Blackstar Enterprise Group'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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Blackstar Enterprise Group Inventory Turnover Chart

Blackstar Enterprise Group Annual Data

Trend

Jul03

Jul04

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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Blackstar Enterprise Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Blackstar Enterprise Group Inventory Turnover Calculation

Blackstar Enterprise Group's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Blackstar Enterprise Group'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 )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Blackstar Enterprise Group (OTCPK:BEGI) 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.

Blackstar Enterprise Group'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
	=	0	/	0	*	365 / 4
	=

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.

Blackstar Enterprise Group'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 )
	=	0	/	0
	=

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.

Blackstar Enterprise Group Inventory Turnover Related Terms

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Blackstar Enterprise Group (Blackstar Enterprise Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Blackstar Enterprise Group Inc (OTCPK:BEGI) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

4450 Arapahoe Avenue, Suite 100, Boulder, CO, USA, 80303

Website

http://www.blackstarenterprisegroup.com

Blackstar Enterprise Group Inc is engaged in Merchant Banking and Finance business. The company intends to gain exposure to the blockchain ecosystem through targeted joint ventures in the sector. It also offers consulting and regulatory compliance services to crypto-equity companies.

Executives

John N Harris	director, 10 percent owner, officer: CEO	PO BOX 1547, LYONS CO 80540
International Hedge Group, Inc.	10 percent owner	1711 WALES DRIVE, BERTHOUD CO 80513
Joseph E Kurczodyna	director, 10 percent owner, officer: CFO	1711 WALES DRIVE, BERTHOUD CO 80513
Todd Harold Lahr	10 percent owner, other: Former President & Director	134 3RD ST, NAZARETH PA 18064