National Hotels Co BSC (BAH:NHOTEL) Inventory Turnover : 16.19 (As of Mar. 2024)

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What is National 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. National Hotels Co BSC's Cost of Goods Sold for the three months ended in Mar. 2024 was BHD1.20 Mil. National Hotels Co BSC's Average Total Inventories for the quarter that ended in Mar. 2024 was BHD0.07 Mil. National Hotels Co BSC's Inventory Turnover for the quarter that ended in Mar. 2024 was 16.19.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. National Hotels Co BSC's Days Inventory for the three months ended in Mar. 2024 was 5.64.

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. National Hotels Co BSC's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.04.

National Hotels Co BSC Inventory Turnover Historical Data

The historical data trend for National 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.

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National Hotels Co BSC Inventory Turnover Chart

National Hotels Co BSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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49.28

30.70

41.35

48.25

56.13

National Hotels 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															13.12	12.55	12.53	14.84	16.19

National Hotels Co BSC Inventory Turnover Calculation

National Hotels 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 )
=	4.462	/ (	(0.084	+	0.075)	/	2 )
=	4.462	/	0.0795
=	56.13

National Hotels 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 )
=	1.198	/ (	(0.075	+	0.073)	/	2 )
=	1.198	/	0.074
=	16.19

National Hotels Co BSC (BAH:NHOTEL) 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.

National Hotels 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
	=	0.074	/	1.198	*	365 / 4
	=	5.64

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.

National Hotels 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 )
	=	0.074	/	2.052
	=	0.04

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.

National Hotels Co BSC Inventory Turnover Related Terms

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National Hotels Co BSC (BAH:NHOTEL) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

Building 59, Road 1701, Block 317, P.O. Box 5243, Diplomatic Area, Manama, BHR, 317

Website

https://www.nhcbahrain.com

National Hotels Co BSC owns and manages refurbished rooms, bars, restaurants, banquet and conference facilities. It derives a majority of revenue from hotel rooms followed by food and beverages and serviced apartments. The operating segments of the company are Hotel Business, Office towers, and Investments and corporate. It generates maximum revenue from the Hotel Business segment. Hotel Business segment includes Room rental, food and beverage sales, conferences and events..

National Hotels Co BSC (BAH:NHOTEL) Headlines

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