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Brickworks (Brickworks) Inventory Turnover : 1.14 (As of Jan. 2024)


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What is Brickworks 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. Brickworks's Cost of Goods Sold for the six months ended in Jan. 2024 was $252.2 Mil. Brickworks's Average Total Inventories for the quarter that ended in Jan. 2024 was $220.8 Mil. Brickworks's Inventory Turnover for the quarter that ended in Jan. 2024 was 1.14.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Brickworks's Days Inventory for the six months ended in Jan. 2024 was 159.72.

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. Brickworks's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.61.

Brickworks Inventory Turnover Historical Data

The historical data trend for Brickworks'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.

Brickworks Inventory Turnover Chart

Brickworks Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.67 2.60 2.31 2.37 2.56

Brickworks Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.19 1.11 1.24 1.25 1.14

Brickworks Inventory Turnover Calculation

Brickworks'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 )
=561.845 / ((224.265 + 215.187) / 2 )
=561.845 / 219.726
=2.56

Brickworks'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: Jul. 2023 ) + Total Inventories (Q: Jan. 2024 )) / count )
=252.249 / ((215.187 + 226.344) / 2 )
=252.249 / 220.7655
=1.14

* 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.

Brickworks  (OTCPK:BRKWF) 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.

Brickworks's Days Inventory for the six 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
=220.7655/252.249*365 / 2
=159.72

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.

Brickworks'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 )
=220.7655 / 360.54
=0.61

* 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.

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.

Brickworks Inventory Turnover Related Terms

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Brickworks (Brickworks) Business Description

Industry
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Traded in Other Exchanges
BKW:Australia
Address
738 - 780 Wallgrove Road, Horsley Park, Sydney, NSW, AUS, 2175
Website
https://www.brickworks.com.au
Brickworks is a conglomerate consisting of brickmaking operations, industrial property management, and a cross-shareholding in investment firm, Washington H. Soul Pattinson, or Soul Patts (ASX: SOL). Brickworks' operating business manufactures brick products for the Australian and North American markets. However, most earnings are from the property and investment segments. The property segment principally redevelops warehouses on industrial land, with joint venture partner narrow-moat Goodman Group. The investment segment represents a cross-shareholding in Soul Patts, an investment firm with a portfolio encompassing diversified investments, including large holdings in no-moat New Hope coal miner and narrow-moat TPG Telecom.