What is Inventory?

This item shows the Inventory value of the symbol for the selected quarter. Inventory item of the balance sheet shows raw-materials, work-in-progress and finished goods that are used in an ordinary course of business of the selected symbol. Inventory is taken from the balance sheet statement of the financial report.

Inventory – AVG

This ratio shows the average of Inventory values of the selected quarter and the previous 4 quarters.

Calculation:

Inventory – AVG is calculated by adding up the Inventory values of the selected quarter and the preceding four quarters, and then dividing the summation by the number of quarters.