Bright Horizons Family Solutions (FRA:BHA) Inventory Turnover : 0.00 (As of Mar. 2024)

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What is Bright Horizons Family Solutions 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. Bright Horizons Family Solutions's Cost of Goods Sold for the three months ended in Mar. 2024 was €449 Mil. Bright Horizons Family Solutions's Average Total Inventories for the quarter that ended in Mar. 2024 was €0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bright Horizons Family Solutions's Days Inventory for the three months ended in Mar. 2024 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. Bright Horizons Family Solutions's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

Bright Horizons Family Solutions Inventory Turnover Historical Data

The historical data trend for Bright Horizons Family Solutions'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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Bright Horizons Family Solutions Inventory Turnover Chart

Bright Horizons Family Solutions Annual Data

Trend

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Inventory Turnover

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Bright Horizons Family Solutions Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Bright Horizons Family Solutions Inventory Turnover Calculation

Bright Horizons Family Solutions'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 )
=	1729.951	/ (	(0	+	0)	/	1 )
=	1729.951	/	0
=	N/A

Bright Horizons Family Solutions's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	448.574	/ (	(0	+	0)	/	1 )
=	448.574	/	0
=	N/A

Bright Horizons Family Solutions (FRA:BHA) 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.

Bright Horizons Family Solutions's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	0	/	448.574	*	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.

Bright Horizons Family Solutions's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	0	/	572.892
	=	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.

Bright Horizons Family Solutions Inventory Turnover Related Terms

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Bright Horizons Family Solutions (FRA:BHA) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Bright Horizons Family Solutions Inc (FRA:BHA) » Definitions » Inventory Turnover

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BFAM:USA

Address

2 Wells Avenue, Newton, MA, USA, 02459

Website

https://www.brighthorizons.com

Bright Horizons Family Solutions Inc provides education and care solutions designed to help employers support their employees in managing their work/life balance. The company has three business segments: full-service center-based child care, backup care, and educational advisory services. The vast majority of the company's revenue is generated by full-service center-based child care, which includes traditional center-based child care and early education services. Other services provided by the company include in-home child and elder care, tuition assistance, and education consulting. The company earns more than half of its revenue in North America.

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