Berkeley Group Holdings (The) (Berkeley Group Holdings (The)) Inventory Turnover : 0.16 (As of Oct. 2023)

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What is Berkeley Group Holdings (The) 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. Berkeley Group Holdings (The)'s Cost of Goods Sold for the six months ended in Oct. 2023 was $1,072 Mil. Berkeley Group Holdings (The)'s Average Total Inventories for the quarter that ended in Oct. 2023 was $6,572 Mil. Berkeley Group Holdings (The)'s Inventory Turnover for the quarter that ended in Oct. 2023 was 0.16.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Berkeley Group Holdings (The)'s Days Inventory for the six months ended in Oct. 2023 was 1,118.60.

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. Berkeley Group Holdings (The)'s Inventory-to-Revenue for the quarter that ended in Oct. 2023 was 4.53.

Berkeley Group Holdings (The) Inventory Turnover Historical Data

The historical data trend for Berkeley Group Holdings (The)'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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Berkeley Group Holdings (The) Inventory Turnover Chart

Berkeley Group Holdings (The) Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Inventory Turnover

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0.61

0.38

0.46

0.37

0.35

Berkeley Group Holdings (The) Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Inventory Turnover	Get a 7-Day Free Trial															0.24	0.18	0.16	0.19	0.16

Berkeley Group Holdings (The) Inventory Turnover Calculation

Berkeley Group Holdings (The)'s Inventory Turnover for the fiscal year that ended in Apr. 2023 is calculated as

	Inventory Turnover (A: Apr. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Apr. 2023 )	/ (	(Total Inventories (A: Apr. 2022 )	+	Total Inventories (A: Apr. 2023 ))	/	count )
=	2308.095	/ (	(6641.656	+	6602.864)	/	2 )
=	2308.095	/	6622.26
=	0.35

Berkeley Group Holdings (The)'s Inventory Turnover for the quarter that ended in Oct. 2023 is calculated as

	Inventory Turnover (Q: Oct. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Oct. 2023 )	/ (	(Total Inventories (Q: Apr. 2023 )	+	Total Inventories (Q: Oct. 2023 ))	/	count )
=	1072.229	/ (	(6602.864	+	6541.169)	/	2 )
=	1072.229	/	6572.0165
=	0.16

Berkeley Group Holdings (The) (OTCPK:BKGFY) 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.

Berkeley Group Holdings (The)'s Days Inventory for the six months ended in Oct. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Oct. 2023 )	/	Cost of Goods Sold (Q: Oct. 2023 )	*	Days in Period
	=	6572.0165	/	1072.229	*	365 / 2
	=	1,118.60

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.

Berkeley Group Holdings (The)'s Inventory to Revenue for the quarter that ended in Oct. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Oct. 2023 )	/	Revenue (Q: Oct. 2023 )
	=	6572.0165	/	1451.766
	=	4.53

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.

Berkeley Group Holdings (The) Inventory Turnover Related Terms

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Berkeley Group Holdings (The) (Berkeley Group Holdings (The)) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Berkeley Group Holdings (The) PLC (OTCPK:BKGFY) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

BKGl:UK BKG:UK 42BB:Germany

Address

19 Portsmouth Road, Berkeley House, Surrey, Cobham, GBR, KT11 1JG

Website

https://www.berkeleygroup.co.uk

Berkeley Group Holdings is a U.K. homebuilder specializing in large-scale residential-led brownfield redevelopment projects with a particular focus on the London, Birmingham, and south of England housing markets. The group is vertically integrated through the land development, construction, and sales and marketing segments of the residential property development value chain.

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