Barco NV (Barco NV) Inventory Turnover : 1.21 (As of Dec. 2023)

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What is Barco NV 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. Barco NV's Cost of Goods Sold for the six months ended in Dec. 2023 was $331 Mil. Barco NV's Average Total Inventories for the quarter that ended in Dec. 2023 was $273 Mil. Barco NV's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.21.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Barco NV's Days Inventory for the six months ended in Dec. 2023 was 150.27.

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. Barco NV's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.47.

Barco NV Inventory Turnover Historical Data

The historical data trend for Barco NV'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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Barco NV Inventory Turnover Chart

Barco NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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4.25

2.95

2.84

2.98

2.60

Barco NV Semi-Annual Data
	Jun14	Dec14	Jun15	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															1.57	1.41	1.48	1.21	1.21

Barco NV Inventory Turnover Calculation

Barco NV'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 )
=	666.973	/ (	(260.29	+	252.477)	/	2 )
=	666.973	/	256.3835
=	2.60

Barco NV'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 )
=	331.247	/ (	(293.026	+	252.477)	/	2 )
=	331.247	/	272.7515
=	1.21

Barco NV (OTCPK:BCNAY) 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.

Barco NV'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
	=	272.7515	/	331.247	*	365 / 2
	=	150.27

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.

Barco NV'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 )
	=	272.7515	/	577.142
	=	0.47

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.

Barco NV Inventory Turnover Related Terms

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Barco NV (Barco NV) Business Description

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0KDK:UK BC1P:Germany BAR:Belgium

Address

35 President Kennedypark, Kortrijk, BEL, 8500

Website

https://www.barco.com

Barco NV is an electronic components company with three business segments: Entertainment, Enterprise, and Healthcare. The Entertainment business segment comprises two business units; Cinema which offers the industry's most complete range of laser and lamp-based cinema projectors, including image processing and audio solutions, and The Immersive Experience business unit offers solutions tailored to the specific needs of large venues, live events, themed entertainment (museums, theme parks, digital immersive art installations, projection mapping, etc.) and simulation applications: projection, image processing, and related services. The company earns the majority of its revenue from the Entertainment business segment.

Barco NV (Barco NV) Headlines

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Q4 2023 Barco NV Earnings Call Transcript

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