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Beacon Energy (LSE:BCE) Inventory Turnover : 0.00 (As of Jun. 2023)


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What is Beacon Energy 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. Beacon Energy's Cost of Goods Sold for the six months ended in Jun. 2023 was £0.10 Mil. Beacon Energy's Average Total Inventories for the quarter that ended in Jun. 2023 was £0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Beacon Energy's Days Inventory for the six months ended in Jun. 2023 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. Beacon Energy's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.00.


Beacon Energy Inventory Turnover Historical Data

The historical data trend for Beacon Energy'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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Beacon Energy Inventory Turnover Chart

Beacon Energy Annual Data
Trend Apr12 Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21
Inventory Turnover
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Beacon Energy Semi-Annual Data
Oct13 Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Jun23
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Beacon Energy Inventory Turnover Calculation

Beacon Energy's Inventory Turnover for the fiscal year that ended in Apr. 2021 is calculated as

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

Beacon Energy's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover (Q: Jun. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2023 ) / ((Total Inventories (Q: Oct. 2022 ) + Total Inventories (Q: Jun. 2023 )) / count )
=0.103 / ((0 + 0) / 1 )
=0.103 / 0
=N/A

* 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.


Beacon Energy  (LSE:BCE) 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.

Beacon Energy's Days Inventory for the six months ended in Jun. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2023 )/Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=0/0.103*365 / 2
=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.

Beacon Energy's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=0 / 0.248
=0.00

* 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.


Beacon Energy Inventory Turnover Related Terms

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Beacon Energy (LSE:BCE) Business Description

Traded in Other Exchanges
Address
55 Athol Street, Douglas, IMN, IM1 1LA
Beacon Energy PLC is an international upstream oil & gas company with a fresh approach.