WB Burgers Asia (WB Burgers Asia) Inventory Turnover : 30.11 (As of Jan. 2024)

View and export this data going back to . Start your Free Trial

What is WB Burgers Asia 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. WB Burgers Asia's Cost of Goods Sold for the three months ended in Jan. 2024 was $0.27 Mil. WB Burgers Asia's Average Total Inventories for the quarter that ended in Jan. 2024 was $0.01 Mil. WB Burgers Asia's Inventory Turnover for the quarter that ended in Jan. 2024 was 30.11.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. WB Burgers Asia's Days Inventory for the three months ended in Jan. 2024 was 3.03.

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. WB Burgers Asia's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.06.

WB Burgers Asia Inventory Turnover Historical Data

The historical data trend for WB Burgers Asia'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.

* Premium members only.

WB Burgers Asia Inventory Turnover Chart

WB Burgers Asia Annual Data

Trend

Jun02

Jun03

Jun04

Jun05

Jun06

Jun07

Jul20

Jul21

Jul22

Jul23

Inventory Turnover

Get a 7-Day Free Trial

143.20

268.40

WB Burgers Asia Quarterly Data
	Jun07	Sep07	Dec07	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Inventory Turnover	Get a 7-Day Free Trial															48.15	44.46	84.91	57.00	30.11

WB Burgers Asia Inventory Turnover Calculation

WB Burgers Asia's Inventory Turnover for the fiscal year that ended in Jul. 2023 is calculated as

	Inventory Turnover (A: Jul. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jul. 2023 )	/ (	(Total Inventories (A: Jul. 2022 )	+	Total Inventories (A: Jul. 2023 ))	/	count )
=	1.342	/ (	(0.005	+	0.005)	/	2 )
=	1.342	/	0.005
=	268.40

WB Burgers Asia's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

	Inventory Turnover (Q: Jan. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jan. 2024 )	/ (	(Total Inventories (Q: Oct. 2023 )	+	Total Inventories (Q: Jan. 2024 ))	/	count )
=	0.271	/ (	(0.005	+	0.013)	/	2 )
=	0.271	/	0.009
=	30.11

WB Burgers Asia (OTCPK:WBBAD) 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.

WB Burgers Asia's Days Inventory for the three months ended in Jan. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jan. 2024 )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
	=	0.009	/	0.271	*	365 / 4
	=	3.03

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.

WB Burgers Asia's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jan. 2024 )	/	Revenue (Q: Jan. 2024 )
	=	0.009	/	0.147
	=	0.06

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.

WB Burgers Asia Inventory Turnover Related Terms

Thank you for viewing the detailed overview of WB Burgers Asia's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

WB Burgers Asia (WB Burgers Asia) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » WB Burgers Asia Inc (OTCPK:WBBAD) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

780 Reservoir Avenue, Suite 123, Cranston, RI, USA, 02910

Website

http://interactiveleisuresystems.com

WB Burgers Asia Inc establishes and operates Wayback Burgers restaurants in Japan.

Executives

Kiyoshi Noda	10 percent owner	ROOM 301 1-35-19 NERIMA-KU, NERIMA, TOKYO M0 176-0001
Koichi Ishizuka	director, 10 percent owner, officer: CEO, CFO, President	3-1-21, CHUO, NAKANO-KU, TOKYO M0 164-0011
White Knight Co., Ltd.	10 percent owner	3F K MINAMIAOYAMA, 6-6-20 MINAMIAOYAMA, MINATO-KU, TOKYO M0 107-0062
Yuma Muranushi	10 percent owner	ROOM 202 3-5-1 HIGASHI AZABU, MINATO-KU, TOKYO M0 106-0044
Flint Consulting Services, Llc	10 percent owner	780 RESERVOIR AVE #123, CRANSTON RI 029910

WB Burgers Asia (WB Burgers Asia) Headlines

No Headlines