Beach Hatchery (DHA:BEACHHATCH) Inventory Turnover : 2.99 (As of Dec. 2023)

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What is Beach Hatchery 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. Beach Hatchery's Cost of Goods Sold for the three months ended in Dec. 2023 was BDT30.8 Mil. Beach Hatchery's Average Total Inventories for the quarter that ended in Dec. 2023 was BDT10.3 Mil. Beach Hatchery's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.99.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Beach Hatchery's Days Inventory for the three months ended in Dec. 2023 was 30.50.

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. Beach Hatchery's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.13.

Beach Hatchery Inventory Turnover Historical Data

The historical data trend for Beach Hatchery'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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Beach Hatchery Inventory Turnover Chart

Beach Hatchery Annual Data

Trend

Dec13

Dec14

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Inventory Turnover

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7.45

11.14

Beach Hatchery 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															2.44	1.60	-	2.29	2.99

Beach Hatchery Inventory Turnover Calculation

Beach Hatchery'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 )
=	47.287	/ (	(2.363	+	6.127)	/	2 )
=	47.287	/	4.245
=	11.14

Beach Hatchery'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 )
=	30.797	/ (	(7.208	+	13.381)	/	2 )
=	30.797	/	10.2945
=	2.99

Beach Hatchery (DHA:BEACHHATCH) 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.

Beach Hatchery'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
	=	10.2945	/	30.797	*	365 / 4
	=	30.50

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.

Beach Hatchery'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 )
	=	10.2945	/	81.269
	=	0.13

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.

Beach Hatchery Inventory Turnover Related Terms

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Beach Hatchery (DHA:BEACHHATCH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Beach Hatchery Ltd (DHA:BEACHHATCH) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

113, Kazi Nazrul lslam Avenue, Concord Tower, 9th floor, Bangla Motor, Dhaka, BGD, 1000

Website

https://www.bhlbd.net

Beach Hatchery Ltd is engaged in the production of shrimp fry for selling it in local markets. The company has its factory located in Moheshkhalipara, Teknaf Sea beach, Teknaf, Cox's Bazar, Bangladesh. It produces shrimp fry in 6-7 cycles.

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