Bahrain Cinema Co BSC (BAH:CINECO) Inventory Turnover : 7.59 (As of Mar. 2024)

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What is Bahrain Cinema 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. Bahrain Cinema Co BSC's Cost of Goods Sold for the three months ended in Mar. 2024 was BHD0.97 Mil. Bahrain Cinema Co BSC's Average Total Inventories for the quarter that ended in Mar. 2024 was BHD0.13 Mil. Bahrain Cinema Co BSC's Inventory Turnover for the quarter that ended in Mar. 2024 was 7.59.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bahrain Cinema Co BSC's Days Inventory for the three months ended in Mar. 2024 was 12.03.

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. Bahrain Cinema Co BSC's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.14.

Bahrain Cinema Co BSC Inventory Turnover Historical Data

The historical data trend for Bahrain Cinema 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.

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Bahrain Cinema Co BSC Inventory Turnover Chart

Bahrain Cinema Co BSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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24.79

15.97

20.52

32.66

39.08

Bahrain Cinema Co BSC Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															8.39	9.09	8.56	10.18	7.59

Bahrain Cinema Co BSC Inventory Turnover Calculation

Bahrain Cinema Co BSC's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	5.276	/ (	(0.147	+	0.123)	/	2 )
=	5.276	/	0.135
=	39.08

Bahrain Cinema Co BSC's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	0.971	/ (	(0.123	+	0.133)	/	2 )
=	0.971	/	0.128
=	7.59

Bahrain Cinema Co BSC (BAH:CINECO) 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.

Bahrain Cinema Co BSC's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	0.128	/	0.971	*	365 / 4
	=	12.03

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.

Bahrain Cinema Co BSC's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	0.128	/	0.887
	=	0.14

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.

Bahrain Cinema Co BSC Inventory Turnover Related Terms

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Bahrain Cinema Co BSC (BAH:CINECO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Bahrain Cinema Co BSC (BAH:CINECO) » Definitions » Inventory Turnover

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Address

Road 1010, Building 470, P.O. Box 26573, Block 410, Floor 27, Fakhro Tower, Sanabis, Manama, BHR

Website

https://www.bahraincinema.com

Bahrain Cinema Co BSC is engaged in screening films in the Kingdom of Bahrain. Group operates through Theatre Operations, Restaurants and Concession Counters, and Others segments which include corporate office assets and vehicles. It also engaged in the sale of video and music cassettes, compact discs, advertisements and operation of restaurants and providing leisure and amusement related services.

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