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The Brink's Co (The Brink's Co) Inventory Turnover : 0.00 (As of Dec. 2023)


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What is The Brink's Co 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. The Brink's Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $922 Mil. The Brink's Co's Average Total Inventories for the quarter that ended in Dec. 2023 was $0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. The Brink's Co's Days Inventory for the three months ended in Dec. 2023 was 0.00.

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. The Brink's Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.


The Brink's Co Inventory Turnover Historical Data

The historical data trend for The Brink's Co'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.

The Brink's Co Inventory Turnover Chart

The Brink's Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 488.29 - - - -

The Brink's Co 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 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 - - - - -

The Brink's Co Inventory Turnover Calculation

The Brink's Co'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 )
=3707.1 / ((0 + 0) / 1 )
=3707.1 / 0
=N/A

The Brink's Co'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 )
=922 / ((0 + 0) / 1 )
=922 / 0
=N/A

* 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.


The Brink's Co  (NYSE:BCO) 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.

The Brink's Co'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
=0/922*365 / 4
=0.00

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.

The Brink's Co'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 )
=0 / 1245.6
=0.00

* 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.


The Brink's Co Inventory Turnover Related Terms

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The Brink's Co (The Brink's Co) Business Description

Traded in Other Exchanges
Address
1801 Bayberry Court, P.O. Box 18100, Richmond, VA, USA, 23226-8100
The Brink's Co is a Global provider of secure logistics and security solutions for cash and other valuables. In 2020, the company acquired the U.K.-based G4S that reorganized its operating segments to be North America, Latin America, Europe, and Rest of World. It generates maximum revenue from the North America segment, namely from its core business of cash-in-transit and ATM services. The Latin America and Europe segments trail North America in revenue earnings with the Brinks Global Services line of business that specializes in the secure transportation of high-valued commodities, such as jewelry, precious metals, banknotes, and electronics. Brink's customer base includes financial institutions, retails, government agencies, mints, and other commercial businesses.
Executives
Arthelbert Louis Parker director THE BRINK'S COMPANY, 1801 BAYBERRY CT, 4TH FL, PO BOX 18100, RICHMOND VA 23226
Dominik Bossart officer: SVP 1800 BAYBERRY COURT, PO BOX 18100, RICHMOND VA 23226
Elizabeth A Galloway officer: EVP and CHRO AT HOME GROUP INC., 1600 EAST PLANO PARKWAY, PLANO TX 75074
Michael F Beech officer: Executive Vice President THE BRINK'S COMPANY, 1801 BAYBERRY COURT, 4TH FLOOR, RICHMOND VA 23226
Michael J Herling director 177 BROAD STREET, 15TH FLOOR, STAMFORD CT 06901
Keith R Wyche director 1801 BAYBERRY COURT, PO BOX 18100, RICHMOND VA 23226
Kurt B Mcmaken officer: EVP, Chief Financial Officer THE BRINK'S COMANY, 1801 BAYBERRY COURT, PO BOX 18100, RICHMOND VA 23226
Simon Davis officer: SVP, CHRO 5757 N GREEN BAY AVE, MILWAUKEE WI 53209
Daniel J Castillo officer: EVP 2645 SILVER CRESCENT DRIVE, CHARLOTTE NC 28273
Susan E Docherty director THE BRINK'S COMPANY, 1801 BAYBERRY COURT, 4TH FLOOR, RICHMOND VA 23226
Kathie J. Andrade director 6300 LAMAR AVENUE, OVERLAND PARK KS 66202
Rohan Pal officer: EVP, Chief Information Officer 1801 BAYBERRY COURT, RICHMOND VA 23226
Michael E Sweeney officer: Controller C/O LIQUIDITY SERVICES, INC., 1920 L STREET, N.W., 6TH FLOOR, WASHINGTON DC 20036
Timothy Joseph Tynan director 1801 BAYBERRY COURT, PO BOX 18100, RICHMOND VA 23226
Lindsay K. Blackwood officer: EVP & General Counsel 1801 BAYBERRY COURT, PO BOX 18100, RICHMOND VA 23226

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