Groupe Bruxelles Lambert (WBO:GBLB) Inventory Turnover : 0.79 (As of Mar. 2024)

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What is Groupe Bruxelles Lambert 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. Groupe Bruxelles Lambert's Cost of Goods Sold for the three months ended in Mar. 2024 was €931 Mil. Groupe Bruxelles Lambert's Average Total Inventories for the quarter that ended in Mar. 2024 was €1,173 Mil. Groupe Bruxelles Lambert's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.79.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Groupe Bruxelles Lambert's Days Inventory for the three months ended in Mar. 2024 was 114.96.

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. Groupe Bruxelles Lambert's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.67.

Groupe Bruxelles Lambert Inventory Turnover Historical Data

The historical data trend for Groupe Bruxelles Lambert'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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Groupe Bruxelles Lambert Inventory Turnover Chart

Groupe Bruxelles Lambert Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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3.09

4.27

3.80

2.56

2.85

Groupe Bruxelles Lambert Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															0.78	0.83	0.80	0.47	0.79

Groupe Bruxelles Lambert Inventory Turnover Calculation

Groupe Bruxelles Lambert's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	3392.1	/ (	(1210.6	+	1172.8)	/	2 )
=	3392.1	/	1191.7
=	2.85

Groupe Bruxelles Lambert's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	930.9	/ (	(1172.8	+	0)	/	1 )
=	930.9	/	1172.8
=	0.79

Groupe Bruxelles Lambert (WBO:GBLB) 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.

Groupe Bruxelles Lambert's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	1172.8	/	930.9	*	365 / 4
	=	114.96

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.

Groupe Bruxelles Lambert's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	1172.8	/	1746.3
	=	0.67

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.

Groupe Bruxelles Lambert Inventory Turnover Related Terms

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Groupe Bruxelles Lambert (WBO:GBLB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Groupe Bruxelles Lambert SA (WBO:GBLB) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

GBLBY:USA GBLBF:USA GBLBb:UK 0IN2:UK EAI:Germany GBLB:Belgium

Address

24, Avenue Marnix, Brussels, BEL, B-1000

Website

https://www.gbl.be

Groupe Bruxelles Lambert SA is an investment holding company, operates as a foremost investor in Europe, focused on long-term value creation. The business activities of the firm are operated through Holding, Imerys, Webhelp/Sapiens, Canyon/GfG CapitaL, and Sienna Investment Managers. Geographically, it derives a majority of revenue from Europe and also has a presence in Asia-Oceania; North America, and other countries.

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