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Belden (Belden) Inventory Turnover : 0.98 (As of Dec. 2023)


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What is Belden 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. Belden's Cost of Goods Sold for the three months ended in Dec. 2023 was $345 Mil. Belden's Average Total Inventories for the quarter that ended in Dec. 2023 was $352 Mil. Belden's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.98.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Belden's Days Inventory for the three months ended in Dec. 2023 was 93.06.

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. Belden's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.64.


Belden Inventory Turnover Historical Data

The historical data trend for Belden'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.

Belden Inventory Turnover Chart

Belden 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 5.39 4.92 5.16 4.92 4.40

Belden 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 1.19 1.11 1.20 1.13 0.98

Belden Inventory Turnover Calculation

Belden'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 )
=1557.118 / ((341.563 + 366.987) / 2 )
=1557.118 / 354.275
=4.40

Belden'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 )
=344.878 / ((336.42 + 366.987) / 2 )
=344.878 / 351.7035
=0.98

* 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.


Belden  (NYSE:BDC) 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.

Belden'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
=351.7035/344.878*365 / 4
=93.06

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.

Belden'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 )
=351.7035 / 551.243
=0.64

* 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.


Belden Inventory Turnover Related Terms

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Belden (Belden) Business Description

Traded in Other Exchanges
Address
1 North Brentwood Boulevard, 15th Floor, St. Louis, MO, USA, 63105
Belden Inc provides signal transmission products to distributors, end-users, installers, and original equipment manufacturers. The firm operates in two segments - Enterprise Solutions and Industrial Solutions. The Enterprise Solutions segment is a provider in network infrastructure solutions, as well as cabling and connectivity solutions for commercial audio/video and security applications. The Industrial Solutions segment is a provider of high-performance networking components and machine connectivity products.
Executives
Leah Tate officer: SVP - HR C/O BELDEN INC., 1 N. BRENTWOOD BLVD., 15TH FLOOR, SAINT LOUIS MO 63105
Ashish Chand officer: EVP, Industrial Automation C/O BELDEN INC., 1 N. BRENTWOOD BLVD., 15TH FLOOR, SAINT LOUIS MO 63105
Jay V Wirts officer: EVP, Enterprise Solutions C/O BELDEN INC., 1 N. BRENTWOOD BLVD., 15TH FLOOR, SAINT LOUIS MO 63105
Doug Zink officer: VP and CAO 739 TRAGO CREEK DRIVE, BALLWIN MO 63021
Vivie Lee director 126 SIERRA POINT ROAD, BRISBANE CA 94005
Jonathan C Klein director 2 CERF LANE, PO BOX 1032, MT. KISCO NY 10549
Nancy E. Calderon director 1285 WAKEFIELD TRAIL, RENO NV 89523
Brian Lieser officer: EVP, Indust. Automation Solut. C/O BELDEN INC., 1 N. BRENTWOOD BLVD., 15TH FLOOR, SAINT LOUIS MO 63105
Anshuman Mehrotra officer: SVP, Sales C/O BELDEN INC., 1 N. BRENTWOOD BLVD., 15TH FLOOR, SAINT LOUIS MO 63105
Roel Vestjens officer: SVP, Broadcast Solutions C/O BELDEN INC., 1 N. BRENTWOOD BLVD., 15TH FLOOR, SAINT LOUIS MO 63105
Gregory James Mccray director 422 HANDEL COURT, WHEATON IL 60187
Jeremy E Parks officer: SVP - Finance and CFO C/O BELDEN INC., 1 N. BRENTWOOD BLVD., 15TH FLOOR, SAINT LOUIS MO 63105
John S Stroup director, officer: Chief Executive Officer 1 N. BRENTWOOD BLVD., SUITE 1500, ST. LOUIS MO 63105
Judy L Brown director C/O PERRIGO COMPANY, 515 EASTERN AVENUE, ALLEGAN MI 49010
Leo Kulmaczewski officer: SVP, Ops & Lean Enterprise C/O BELDEN INC., 1 N. BRENTWOOD BLVD., 15TH FLOOR, SAINT LOUIS MO 63105