Badger Infrastructure Solutions (Badger Infrastructure Solutions) Inventory Turnover : 10.04 (As of Dec. 2023)

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What is Badger Infrastructure Solutions 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. Badger Infrastructure Solutions's Cost of Goods Sold for the three months ended in Dec. 2023 was $127.8 Mil. Badger Infrastructure Solutions's Average Total Inventories for the quarter that ended in Dec. 2023 was $12.7 Mil. Badger Infrastructure Solutions's Inventory Turnover for the quarter that ended in Dec. 2023 was 10.04.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Badger Infrastructure Solutions's Days Inventory for the three months ended in Dec. 2023 was 9.09.

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. Badger Infrastructure Solutions's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.07.

Badger Infrastructure Solutions Inventory Turnover Historical Data

The historical data trend for Badger Infrastructure Solutions'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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Badger Infrastructure Solutions Inventory Turnover Chart

Badger Infrastructure Solutions Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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64.73

45.29

39.79

24.04

25.56

Badger Infrastructure Solutions Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															3.90	3.53	4.27	8.33	10.04

Badger Infrastructure Solutions Inventory Turnover Calculation

Badger Infrastructure Solutions'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 )
=	492.706	/ (	(25.213	+	13.334)	/	2 )
=	492.706	/	19.2735
=	25.56

Badger Infrastructure Solutions's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	127.803	/ (	(12.126	+	13.334)	/	2 )
=	127.803	/	12.73
=	10.04

Badger Infrastructure Solutions (OTCPK:BADFF) 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.

Badger Infrastructure Solutions's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	12.73	/	127.803	*	365 / 4
	=	9.09

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.

Badger Infrastructure Solutions's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	12.73	/	173.146
	=	0.07

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.

Badger Infrastructure Solutions Inventory Turnover Related Terms

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Badger Infrastructure Solutions (Badger Infrastructure Solutions) Business Description

Industry

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BDGI:Canada

Address

911 - 11th Avenue SW, Suite 400, ATCO Building ll, 4th Floor, Calgary, AB, CAN, T2R 1P3

Website

https://www.badgerinc.com

Badger Infrastructure Solutions Ltd is North America's provider of non-destructive excavating services. Its key technology is the Badger Hydrovac, which is used primarily for safe excavation around critical infrastructure and in congested underground conditions. The Badger Hydrovac uses a pressurized water stream to liquefy the soil cover, which is then removed with a powerful vacuum system and deposited into a storage tank. The company manufactures and designs its truck-mounted hydrovac units, giving an opportunity to incorporate feedback from its hydrovac operators into its existing and future design and manufacturing processes. Badger's two reportable segments are Canada and the United States.