Brenntag SE (Brenntag SE) Inventory Turnover : 2.13 (As of Dec. 2023)

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What is Brenntag SE 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. Brenntag SE's Cost of Goods Sold for the three months ended in Dec. 2023 was $3,254 Mil. Brenntag SE's Average Total Inventories for the quarter that ended in Dec. 2023 was $1,529 Mil. Brenntag SE's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.13.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Brenntag SE's Days Inventory for the three months ended in Dec. 2023 was 42.89.

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. Brenntag SE's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.36.

Brenntag SE Inventory Turnover Historical Data

The historical data trend for Brenntag SE'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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Brenntag SE Inventory Turnover Chart

Brenntag SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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8.40

8.69

8.22

8.63

8.26

Brenntag SE 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															2.02	2.04	2.03	2.04	2.13

Brenntag SE Inventory Turnover Calculation

Brenntag SE'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 )
=	13953.108	/ (	(1879.025	+	1500.981)	/	2 )
=	13953.108	/	1690.003
=	8.26

Brenntag SE'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 )
=	3253.871	/ (	(1557.951	+	1500.981)	/	2 )
=	3253.871	/	1529.466
=	2.13

Brenntag SE (OTCPK:BNTGY) 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.

Brenntag SE'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
	=	1529.466	/	3253.871	*	365 / 4
	=	42.89

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.

Brenntag SE'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 )
	=	1529.466	/	4300
	=	0.36

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.

Brenntag SE Inventory Turnover Related Terms

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Brenntag SE (Brenntag SE) Business Description

Industry

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Traded in Other Exchanges

BNTGF:USA BNRd:UK 0MPT:UK BNR:Germany BNR:Austria

Address

Messeallee 11, Essen, NW, DEU, 45131

Website

https://www.brenntag.com

Brenntag SE manufactures, distributes, and sells chemicals and chemical-based products in three categories: life science, material science, and environmental. Life science chemicals are used to produce cosmetics, food, animal nutrition, and pharmaceuticals. The material science chemicals are used to produce soaps and detergents, coatings, and paints as well as the extraction of oil and gas. Environmental chemicals are used in the water treatment process. The company organizes itself into four segments based on geography: North America; Latin America; Europe, Middle East, and Africa; and Asia-Pacific. More revenue comes from EMEA than any other segment.