Baumart Holdings (ASX:BMH) Inventory Turnover : 0.87 (As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is Baumart Holdings 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. Baumart Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was A$0.36 Mil. Baumart Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was A$0.41 Mil. Baumart Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.87.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Baumart Holdings's Days Inventory for the six months ended in Dec. 2023 was 209.75.

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. Baumart Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.92.

Baumart Holdings Inventory Turnover Historical Data

The historical data trend for Baumart Holdings'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.

* Premium members only.

Baumart Holdings Inventory Turnover Chart

Baumart Holdings Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Inventory Turnover

Get a 7-Day Free Trial

5.22

9.22

13.36

0.25

1.47

Baumart Holdings Semi-Annual Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial												8.67	-3.63	0.09	1.44	0.87

Baumart Holdings Inventory Turnover Calculation

Baumart Holdings'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 )
=	1.179	/ (	(1.038	+	0.566)	/	2 )
=	1.179	/	0.802
=	1.47

Baumart Holdings'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: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	0.355	/ (	(0.566	+	0.25)	/	2 )
=	0.355	/	0.408
=	0.87

Baumart Holdings (ASX:BMH) 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.

Baumart Holdings's Days Inventory for the six 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
	=	0.408	/	0.355	*	365 / 2
	=	209.75

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.

Baumart Holdings'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 )
	=	0.408	/	0.442
	=	0.92

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.

Baumart Holdings Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Baumart Holdings's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Baumart Holdings (ASX:BMH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Baumart Holdings Ltd (ASX:BMH) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

15 McCabe Street, North Fremantle, Perth, WA, AUS, 6159

Website

https://www.baumart.com.au

Baumart Holdings Ltd is engaged in the procurement, supply, and distribution of building products and materials, to both the residential and commercial construction industries. The company's operating segments include Building Materials Supply; Materials Handling Supply; Source & Procurement Supply; Equipment Investments; and Corporate & Administrative. It generates maximum revenue from the Source & Procurement Supply segment. The Sourcing and Procurement division is focused on providing specialised procurement solutions to a broad range of sectors.

Baumart Holdings (ASX:BMH) Headlines

No Headlines