BayCurrent Consulting (BayCurrent Consulting) Inventory Turnover : 19.16 (As of Feb. 2024)

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What is BayCurrent Consulting 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. BayCurrent Consulting's Cost of Goods Sold for the three months ended in Feb. 2024 was $77.1 Mil. BayCurrent Consulting's Average Total Inventories for the quarter that ended in Feb. 2024 was $4.0 Mil. BayCurrent Consulting's Inventory Turnover for the quarter that ended in Feb. 2024 was 19.16.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. BayCurrent Consulting's Days Inventory for the three months ended in Feb. 2024 was 4.76.

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. BayCurrent Consulting's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 0.02.

BayCurrent Consulting Inventory Turnover Historical Data

The historical data trend for BayCurrent Consulting'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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BayCurrent Consulting Inventory Turnover Chart

BayCurrent Consulting Annual Data

Trend

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Inventory Turnover

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60.92

49.37

50.16

69.69

71.69

BayCurrent Consulting Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Inventory Turnover	Get a 7-Day Free Trial															21.41	23.19	25.37	22.13	19.16

BayCurrent Consulting Inventory Turnover Calculation

BayCurrent Consulting'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 )
=	285.018	/ (	(3.48	+	4.471)	/	2 )
=	285.018	/	3.9755
=	71.69

BayCurrent Consulting's Inventory Turnover for the quarter that ended in Feb. 2024 is calculated as

	Inventory Turnover (Q: Feb. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Feb. 2024 )	/ (	(Total Inventories (Q: Nov. 2023 )	+	Total Inventories (Q: Feb. 2024 ))	/	count )
=	77.065	/ (	(3.574	+	4.471)	/	2 )
=	77.065	/	4.0225
=	19.16

BayCurrent Consulting (OTCPK:BYCRF) 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.

BayCurrent Consulting's Days Inventory for the three months ended in Feb. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Feb. 2024 )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
	=	4.0225	/	77.065	*	365 / 4
	=	4.76

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.

BayCurrent Consulting's Inventory to Revenue for the quarter that ended in Feb. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Feb. 2024 )	/	Revenue (Q: Feb. 2024 )
	=	4.0225	/	175.063
	=	0.02

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.

BayCurrent Consulting Inventory Turnover Related Terms

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BayCurrent Consulting (BayCurrent Consulting) Business Description

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6532:Japan

Address

23-1, Toranomon 1-Chome, Toranomon Hills Mori Tower, 9th floor, Minato-ku, Tokyo, JPN, 105-6309

Website

http://www.baycurrent.co.jp

BayCurrent Consulting Inc offers comprehensive consulting services in a wide variety of industries. It offers Strategy Business Process Consulting, Information Technology (IT) Consulting, and System Integration. The Strategy Business Process Consulting covers company or business strategy, M&A alliances, digital strategy, turn-around, globalization, innovation, and marketing or sales strategy. The IT Consulting includes IT strategy, governance, organizational improvement, cost optimization, architecture, asset evaluation, talent development, and Request for Proposal (RFP) creation. The System Integration handles system design, development and infrastructure operation and maintenance.

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