CDK Global (CDK Global) Inventory Turnover : 0.00 (As of Mar. 2022)

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What is CDK Global 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. CDK Global's Cost of Goods Sold for the three months ended in Mar. 2022 was $241 Mil. CDK Global's Average Total Inventories for the quarter that ended in Mar. 2022 was $0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. CDK Global's Days Inventory for the three months ended in Mar. 2022 was 0.00.

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. CDK Global's Inventory-to-Revenue for the quarter that ended in Mar. 2022 was 0.00.

CDK Global Inventory Turnover Historical Data

The historical data trend for CDK Global'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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CDK Global Inventory Turnover Chart

CDK Global Annual Data

Trend

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Inventory Turnover

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CDK Global Quarterly Data
	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

CDK Global Inventory Turnover Calculation

CDK Global's Inventory Turnover for the fiscal year that ended in Jun. 2021 is calculated as

	Inventory Turnover (A: Jun. 2021 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2021 )	/ (	(Total Inventories (A: Jun. 2020 )	+	Total Inventories (A: Jun. 2021 ))	/	count )
=	875	/ (	(0	+	0)	/	1 )
=	875	/	0
=	N/A

CDK Global's Inventory Turnover for the quarter that ended in Mar. 2022 is calculated as

	Inventory Turnover (Q: Mar. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2022 )	/ (	(Total Inventories (Q: Dec. 2021 )	+	Total Inventories (Q: Mar. 2022 ))	/	count )
=	241.2	/ (	(0	+	0)	/	1 )
=	241.2	/	0
=	N/A

CDK Global (NAS:CDK) 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.

CDK Global's Days Inventory for the three months ended in Mar. 2022 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2022 )	/	Cost of Goods Sold (Q: Mar. 2022 )	*	Days in Period
	=	0	/	241.2	*	365 / 4
	=	0.00

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.

CDK Global's Inventory to Revenue for the quarter that ended in Mar. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2022 )	/	Revenue (Q: Mar. 2022 )
	=	0	/	459.7
	=	0.00

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.

CDK Global Inventory Turnover Related Terms

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CDK Global (CDK Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » CDK Global Inc (NAS:CDK) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

1950 Hassell Road, Hoffman Estates, IL, USA, 60169

Website

https://www.cdkglobal.com

CDK Global Inc provides integrated information technology solutions to the automotive retail and adjacent industries in North America. The company's solutions connect people with technology by automating and integrating all parts of the dealership and buying process, including the acquisition, sale, financing, insuring, parts supply, repair, and maintenance of vehicles. It generates maximum revenue from subscriptions.

Executives

Lee J. Brunz	officer: General Counsel and Secretary	C/O CDK GLOBAL, INC. 1950 HASSELL RD. HOFFMAN ESTATES IL 60169
Neil B Fairfield	officer: VP, Corporate Controller & CAO	200 N. MILWAUKEE AVENUE, VERNON HILLS IL 60061
Eric Guerin	officer: EVP, Chief Financial Officer	1950 HASSELL ROAD, HOFFMAN ESTATES IL 60169
Jennifer A. Williams	officer: VP, Corporate Controller & CAO	1950 HASSELL ROAD, HOFFMAN ESTATES IL 60169-6308
Mahesh Shah	officer: Chief Product & Tech. Officer	1950 HASSELL ROAD, HOFFMAN ESTATES IL 60169-6308
Scott W Herbers	officer: EVP, North America Sales	1950 HASSELL ROAD HOFFMAN ESTATES IL 60169-6308
Neil Packham	officer: President, CDK International	1950 HASSELL ROAD HOFFMAN ESTATES IL 60169-6308
Joseph A Tautges	officer: Executive Vice President	CDK GLOBAL, INC. 1950 HASSELL ROAD HOFFMAN ESTATES IL 60169
Brian M Krzanich	director, officer: CEO / President	1210 MACDONALD RANCH ROAD, HENDERSON NV 89012
Rajiv K Amar	officer: Chief Technology Officer	1950 HASSELL ROAD HOFFMAN ESTATES IL 60169-6308
Scott L. Mathews	officer: VP & President, Digital Mktg	C/O CDK GLOBAL, INC. 1950 HASSELL RD. HOFFMAN ESTATES IL 60169
Amy W. Byrne	officer: Chief Human Resources Officer	1950 HASSELL ROAD HOFFMAN ESTATES IL 60169-6308
Brian P Macdonald	director	1735 MARKET STREET, PHILADELPHIA PA 19103
Frey Ronald L Jr	officer: Chief Global Strategy Officer	1950 HASSELL ROAD HOFFMAN ESTATES IL 60169-6308
Stephen A. Miles	director	C/O CDK GLOBAL, INC. 1950 HASSELL RD. HOFFMAN ESTATES IL 60169