Bri-Chem (TSX:BRY) Change In Inventory : C$3.0 Mil (TTM As of Dec. 2023)

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What is Bri-Chem Change In Inventory?

Bri-Chem's change in inventory for the quarter that ended in Dec. 2023 was C$1.4 Mil. It means Bri-Chem's inventory declined by C$1.4 Mil from Sep. 2023 to Dec. 2023 .

Bri-Chem's change in inventory for the fiscal year that ended in Dec. 2023 was C$3.0 Mil. It means Bri-Chem's inventory declined by C$3.0 Mil from Dec. 2022 to Dec. 2023 .

Bri-Chem's Total Inventories for the quarter that ended in Dec. 2023 was C$28.9 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bri-Chem's Days Inventory for the quarter that ended in Dec. 2023 was 119.67.

Inventory Turnover measures how fast the company turns over its inventory within a year. Bri-Chem's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.76.

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. Bri-Chem's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.10.

Bri-Chem Change In Inventory Historical Data

The historical data trend for Bri-Chem's Change In Inventory 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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Bri-Chem Change In Inventory Chart

Bri-Chem Annual Data

Trend

Dec14

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Dec19

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Dec21

Dec22

Dec23

Change In Inventory

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12.45

7.89

-5.46

-13.89

3.01

Bri-Chem Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-5.33	1.22	-1.10	1.47	1.43

Bri-Chem Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$3.0 Mil.

Bri-Chem (TSX:BRY) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Bri-Chem's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	29.5165	/	22.507	*	365 / 4
	=	119.67

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Bri-Chem's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	22.507	/	29.5165
	=	0.76

3. 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.

Bri-Chem's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	29.5165	/	26.775
	=	1.10

Bri-Chem Change In Inventory Related Terms

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Bri-Chem (TSX:BRY) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Bri-Chem Corp (TSX:BRY) » Definitions » Change In Inventory

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BRYFF:USA 5JN:Germany

Address

27075 Acheson Road, Acheson, AB, CAN, T7X 6B1

Website

https://www.brichem.com

Bri-Chem Corp supplies drilling fluids for the oil and gas industries. The company provides drilling fluid products, cementing, acidizing and stimulation additives from multiple strategically located warehouses throughout Canada and the United States. Its segments are Fluids Distribution Canada, Fluids Distribution USA, Fluids Blending and Packaging Canada, Fluids Blending and Packaging USA, and Other. The Other segment represents insignificant segments and all remaining costs not directly attributable to an operating segment, such as corporate overhead. A majority of its revenue is derived from the distribution of fluids in the United States of America.