Banader Hotels Co BSC (BAH:BANADER) Inventory Turnover : 7.56 (As of Sep. 2023)

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

What is Banader Hotels Co BSC 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. Banader Hotels Co BSC's Cost of Goods Sold for the three months ended in Sep. 2023 was BHD0.33 Mil. Banader Hotels Co BSC's Average Total Inventories for the quarter that ended in Sep. 2023 was BHD0.04 Mil. Banader Hotels Co BSC's Inventory Turnover for the quarter that ended in Sep. 2023 was 7.56.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Banader Hotels Co BSC's Days Inventory for the three months ended in Sep. 2023 was 12.06.

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. Banader Hotels Co BSC's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.06.

Banader Hotels Co BSC Inventory Turnover Historical Data

The historical data trend for Banader Hotels Co BSC'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.

Banader Hotels Co BSC Inventory Turnover Chart

Banader Hotels Co BSC Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

Get a 7-Day Free Trial

22.89

22.86

14.17

19.08

27.96

Banader Hotels Co BSC Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Inventory Turnover	Get a 7-Day Free Trial															7.72	7.98	7.30	7.52	7.56

Banader Hotels Co BSC Inventory Turnover Calculation

Banader Hotels Co BSC's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	1.244	/ (	(0.045	+	0.044)	/	2 )
=	1.244	/	0.0445
=	27.96

Banader Hotels Co BSC's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

	Inventory Turnover (Q: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	0.329	/ (	(0.043	+	0.044)	/	2 )
=	0.329	/	0.0435
=	7.56

Banader Hotels Co BSC (BAH:BANADER) 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.

Banader Hotels Co BSC's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	0.0435	/	0.329	*	365 / 4
	=	12.06

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.

Banader Hotels Co BSC's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	0.0435	/	0.672
	=	0.06

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.

Banader Hotels Co BSC Inventory Turnover Related Terms

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

Banader Hotels Co BSC (BAH:BANADER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Banader Hotels Co BSC (BAH:BANADER) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

Road 2813, Block 428, Flat 52, Building 1006, P.O. Box 2474, Manama, BHR

Website

https://www.banaderhotels.com

Banader Hotels Co BSC is involved in building and investing in hotels. The company provides Rooms, and Food and Beverages. Banader Hotels caters its services to only Bahrain market.

Banader Hotels Co BSC (BAH:BANADER) Headlines

No Headlines