The box chart to the left was created using Google’s Chart Tools.
The chart shows the percentage of the inventory balance sheet amount as a percentage of the total assets for 18 business sectors. The percentages are based on survey data compiled by BisStats (a BizMiner company) from US Government and possibly other sources.
The average inventory to total assets percentage for all sectors is 5.2 %. Companies can use this benchmark data to determine how they are doing compared to their sector peers.
Those sectors with larger amounts of inventory, compared to sales, might consider reducing the inventory on hand as a way to reduce costs.
Click here to go to the BizStats data that was used to create the chart.