Bega Cheese (ASX:BGA) Inventory Turnover: 3.58 (As of Dec. 2025)

What is Bega Cheese Inventory Turnover?

Bega Cheese ASX:BGA -0.85% 71 Inventory Turnover is 3.58 as of Dec. 2025. GuruFocus rates ASX:BGA with a GF Score™ of 71/100 and a GF Value™ of A$4.83 (Modestly Overvalued). The stock has 4 warning signs investors should review.

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. Bega Cheese's Cost of Goods Sold for the six months ended in Dec. 2025 was A$1,456 Mil. Bega Cheese's Average Total Inventories for the quarter that ended in Dec. 2025 was A$407 Mil. Bega Cheese's Inventory Turnover for the quarter that ended in Dec. 2025 was 3.58.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bega Cheese's Days Inventory for the six months ended in Dec. 2025 was 50.99.

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. Bega Cheese's Inventory-to-Revenue for the quarter that ended in Dec. 2025 was 0.22.

Bega Cheese (ASX:BGA) 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.

Bega Cheese's Days Inventory for the six months ended in Dec. 2025 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2025 )	/	Cost of Goods Sold (Q: Dec. 2025 )	*	Days in Period
	=	406.9	/	1456.4	*	365 / 2
	=	50.99

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.

Bega Cheese's Inventory to Revenue for the quarter that ended in Dec. 2025 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2025 )	/	Revenue (Q: Dec. 2025 )
	=	406.9	/	1871.3
	=	0.22

* 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.

Bega Cheese Inventory Turnover Related Terms

Bega Cheese Inventory Turnover Historical Data

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The historical data trend for Bega Cheese's Inventory Turnover can be seen below:

Bega Cheese Inventory Turnover Chart

Bega Cheese Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Jun25

Inventory Turnover

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5.34

7.00

7.29

7.18

7.75

Bega Cheese Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24	Jun25	Dec25
Inventory Turnover	Get a 7-Day Free Trial															3.19	3.64	3.65	3.67	3.58

71GF Score

Bega Cheese Ltd ASX:BGA

Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.

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Bega Cheese Inventory Turnover Calculation

Bega Cheese's Inventory Turnover for the fiscal year that ended in Jun. 2025 is calculated as

	Inventory Turnover (A: Jun. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2025 )	/ (	(Total Inventories (A: Jun. 2024 )	+	Total Inventories (A: Jun. 2025 ))	/	count )
=	2808.8	/ (	(358.1	+	366.3)	/	2 )
=	2808.8	/	362.2
=	7.75

Bega Cheese's Inventory Turnover for the quarter that ended in Dec. 2025 is calculated as

	Inventory Turnover (Q: Dec. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2025 )	/ (	(Total Inventories (Q: Jun. 2025 )	+	Total Inventories (Q: Dec. 2025 ))	/	count )
=	1456.4	/ (	(366.3	+	447.5)	/	2 )
=	1456.4	/	406.9
=	3.58

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 3.58 mean?

Bega Cheese (ASX:BGA) has a Inventory Turnover of 3.58 as of Dec. 2025. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Bega Cheese and its competitors.

Is Bega Cheese's Inventory Turnover too high?

Bega Cheese's current Inventory Turnover is 3.58. Overall, Bega Cheese has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Bega Cheese's Inventory Turnover compare to KHC and GIS?

Bega Cheese's Inventory Turnover of 3.58 can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Inventory Turnover for a Consumer Packaged Goods company?

A good Inventory Turnover depends on the Consumer Packaged Goods industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Inventory Turnover mean?

A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Bega Cheese and its competitors. Bega Cheese's current Inventory Turnover is 3.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Bega Cheese stock overvalued right now?

Based on GuruFocus' analysis, Bega Cheese (ASX:BGA) is currently considered Modestly Overvalued. The stock's GF Value™ is A$4.83, compared to a current price of A$5.85 — trading 21.1% above its estimated fair value. The current Inventory Turnover is 3.58. Bega Cheese's overall GF Score™ is 71/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Inventory Turnover calculated?

Inventory Turnover is calculated from a company's financial statements. For Bega Cheese (ASX:BGA), the current Inventory Turnover is 3.58 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Bega Cheese (ASX:BGA) Overvalued in 2026?

Based on GuruFocus' analysis, Bega Cheese stock appears to be overvalued. The current stock price of A$5.85 is trading 21.1% above its estimated GF Value™ of A$4.83. GuruFocus considers Bega Cheese to be Modestly Overvalued.

Key valuation signals for ASX:BGA:

Inventory Turnover: 3.58
GF Value™: A$4.83 vs. price of A$5.85 (21.1% above fair value)
GF Score™: 71/100 with 4 warning signs

No single metric tells the full story. See the ASX:BGA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Bega Cheese Business Description

Industry Consumer Defensive Consumer Packaged Goods

Comparable Companies ASX:CBO ASX:RIC ASX:SHV ASX:BXNDA ASX:CLV ASX:SEA ASX:SPG ASX:BUB ASX:BIO ASX:MBH XSWX:NESN XPAR:BN BOG:NUTRESA TSE:2802 NSE:NESTLEIND SHSE:603288 KHC SHSE:600887 GIS SZSE:300999

Other Exchanges BGCHY:USA B6G:Germany

Address 23 Ridge Street, Bega, NSW, AUS, 2550

Website https://www.begagroup.com.au

Bega Group is an Australia-based dairy processor and food manufacturer of well-known brands including Bega Cheese and Vegemite. Bega operates two segments: The branded segment produces consumer packaged goods primarily sold through the supermarket and foodservice channels, while the bulk segment produces commodity dairy ingredients primarily sold through the business-to-business channel.

71GF Score

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A$5.85

Price

A$4.83

GF Value

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