Bangladesh Building System (DHA:BBS) Inventory Turnover : 0.28 (As of Dec. 2023)

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What is Bangladesh Building System 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. Bangladesh Building System's Cost of Goods Sold for the three months ended in Dec. 2023 was BDT160.4 Mil. Bangladesh Building System's Average Total Inventories for the quarter that ended in Dec. 2023 was BDT565.0 Mil. Bangladesh Building System's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.28.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bangladesh Building System's Days Inventory for the three months ended in Dec. 2023 was 321.37.

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. Bangladesh Building System's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 3.00.

Bangladesh Building System Inventory Turnover Historical Data

The historical data trend for Bangladesh Building System'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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Bangladesh Building System Inventory Turnover Chart

Bangladesh Building System Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Inventory Turnover

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1.65

0.87

0.93

1.14

1.21

Bangladesh Building System Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															0.27	0.35	-	0.24	0.28

Bangladesh Building System Inventory Turnover Calculation

Bangladesh Building System's Inventory Turnover for the fiscal year that ended in Jun. 2023 is calculated as

	Inventory Turnover (A: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2023 )	/ (	(Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )
=	899.356	/ (	(867.606	+	615.624)	/	2 )
=	899.356	/	741.615
=	1.21

Bangladesh Building System'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 )
=	160.414	/ (	(582.608	+	547.308)	/	2 )
=	160.414	/	564.958
=	0.28

Bangladesh Building System (DHA:BBS) 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.

Bangladesh Building System'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
	=	564.958	/	160.414	*	365 / 4
	=	321.37

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.

Bangladesh Building System'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 )
	=	564.958	/	188.456
	=	3.00

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.

Bangladesh Building System Inventory Turnover Related Terms

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Bangladesh Building System (DHA:BBS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Bangladesh Building System Ltd (DHA:BBS) » Definitions » Inventory Turnover

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N/A

Address

Configure Bepari Tower, (3rd Floor), GA-64, Middle Badda, Progoti Swarani, Dhaka, BGD, 1212

Website

https://www.bbspeb.com

Bangladesh Building System Ltd manufactures pre-engineered steel buildings like factories, warehouses, convention centers, workshops, aircraft hangers, commercial showrooms, distribution centers, supermarkets, restaurants, and residential buildings. It generates maximum revenue from Bangladesh.

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