BIP (Brookfield Infrastructure Partners LP) Inventory Turnover : 8.26 (As of Sep. 2024)

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What is Brookfield Infrastructure Partners LP 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. Brookfield Infrastructure Partners LP's Cost of Goods Sold for the three months ended in Sep. 2024 was $3,897 Mil. Brookfield Infrastructure Partners LP's Average Total Inventories for the quarter that ended in Sep. 2024 was $472 Mil. Brookfield Infrastructure Partners LP's Inventory Turnover for the quarter that ended in Sep. 2024 was 8.26.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Brookfield Infrastructure Partners LP's Days Inventory for the three months ended in Sep. 2024 was 11.05.

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. Brookfield Infrastructure Partners LP's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.09.

Brookfield Infrastructure Partners LP Inventory Turnover Historical Data

The historical data trend for Brookfield Infrastructure Partners LP'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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Brookfield Infrastructure Partners LP Inventory Turnover Chart

Brookfield Infrastructure Partners LP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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24.07

28.29

26.56

22.58

25.83

Brookfield Infrastructure Partners LP Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Inventory Turnover	Get a 7-Day Free Trial															7.01	7.14	7.84	8.05	8.26

Brookfield Infrastructure Partners LP Inventory Turnover Calculation

Brookfield Infrastructure Partners LP'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 )
=	13470	/ (	(531	+	512)	/	2 )
=	13470	/	521.5
=	25.83

Brookfield Infrastructure Partners LP's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

	Inventory Turnover (Q: Sep. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	3897	/ (	(477	+	467)	/	2 )
=	3897	/	472
=	8.26

Brookfield Infrastructure Partners LP (NYSE:BIP) 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.

Brookfield Infrastructure Partners LP's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	472	/	3897	*	365 / 4
	=	11.05

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.

Brookfield Infrastructure Partners LP's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	472	/	5270
	=	0.09

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.

Brookfield Infrastructure Partners LP Inventory Turnover Related Terms

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Brookfield Infrastructure Partners LP Business Description

Industry

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BIPpB.PFD:USA BIPpA.PFD:USA BIP.PR.F.PFD:Canada BIP.PR.E.PFD:Canada BIP.UN:Canada BIP.PR.B.PFD:Canada BIP.PR.A.PFD:Canada

Address

73 Front Street, 5th Floor, Hamilton, BMU, HM12

Website

https://www.bip.brookfield.com

Brookfield Infrastructure Partners LP is a Bermuda exempted limited partnership that owns and operates quality, long-life assets that generate stable cash flows, by virtue of barriers to entry or other characteristics that tend to appreciate in value over time. It focuses on acquiring infrastructure assets that have low maintenance capital costs and high barriers to entry. The company's segments consist of Utilities, Transport, Midstream, and Data. Geographically, it generates maximum revenue from Canada and also has a presence in Australia, Colombia, United Kingdom, Brazil, United States of America, Chile, Peru, and other countries.