GlaxoSmithKline PLC

Published by Stock Analysis on Net

Last updated: 2018-02-11 06:27:30

Inventory Turnover

2016 2015 2014 2013

Selected Financial Data

GBP in millions

Cost of sales 9,290 8,853 7,323 8,585
Inventory, net 5,102 4,716 4,231 3,900

Ratio

Inventory turnover 1.82 1.88 1.73 2.20

2016 calculation:

Inventory turnover = Cost of sales ÷ Inventory, net
= 9,290 ÷ 5,102 = 1.82