Bhagwan Marine (ASX:BWN) Inventory Turnover : 4.60 (As of Dec. 2024)

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What is Bhagwan Marine 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. Bhagwan Marine's Cost of Goods Sold for the six months ended in Dec. 2024 was A$11.2 Mil. Bhagwan Marine's Average Total Inventories for the quarter that ended in Dec. 2024 was A$2.4 Mil. Bhagwan Marine's Inventory Turnover for the quarter that ended in Dec. 2024 was 4.60.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bhagwan Marine's Days Inventory for the six months ended in Dec. 2024 was 39.65.

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. Bhagwan Marine's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.02.

Bhagwan Marine Inventory Turnover Historical Data

The historical data trend for Bhagwan Marine'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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Bhagwan Marine Inventory Turnover Chart

Bhagwan Marine Annual Data

Trend

Jun24

Inventory Turnover

10.37

Bhagwan Marine Semi-Annual Data
	Dec23	Jun24	Dec24
Inventory Turnover	33.95	-23.59	4.60

Bhagwan Marine Inventory Turnover Calculation

Bhagwan Marine's Inventory Turnover for the fiscal year that ended in Jun. 2024 is calculated as

	Inventory Turnover (A: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2024 )	/ (	(Total Inventories (A: . 20 )	+	Total Inventories (A: Jun. 2024 ))	/	count )
=	22.804	/ (	(	+	2.2)	/	1 )
=	22.804	/	2.2
=	10.37

Bhagwan Marine's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	11.24	/ (	(2.2	+	2.684)	/	2 )
=	11.24	/	2.442
=	4.60

Bhagwan Marine (ASX:BWN) 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.

Bhagwan Marine's Days Inventory for the six months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	2.442	/	11.24	*	365 / 2
	=	39.65

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.

Bhagwan Marine's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	2.442	/	154.134
	=	0.02

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.

Bhagwan Marine Inventory Turnover Related Terms

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Bhagwan Marine Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Bhagwan Marine Ltd (ASX:BWN) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

251 St Georges Terrace, Level 3, Perth, WA, AUS, 6000

Website

https://www.bhagwanmarine.com

Bhagwan Marine Ltd is a marine vessel operator and service provider in Australia. It provides a diverse range of marine solutions within Ports, Nearshore, Offshore, and Subsea locations to industries including Oil and Gas, Subsea, Port, Civil Construction, Renewables and Defence. The company has a fleet of inshore and offshore vessels that enables it to deliver a diversified service offering providing bespoke marine solutions. Bhagwan is managed based on a single segment.