B&M European Value Retail (B&M European Value Retail) Inventory Turnover : 2.18 (As of Mar. 2023)

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What is B&M European Value Retail 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. B&M European Value Retail's Cost of Goods Sold for the six months ended in Mar. 2023 was $2,040 Mil. B&M European Value Retail's Average Total Inventories for the quarter that ended in Mar. 2023 was $938 Mil. B&M European Value Retail's Inventory Turnover for the quarter that ended in Mar. 2023 was 2.18.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. B&M European Value Retail's Days Inventory for the six months ended in Mar. 2023 was 83.87.

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. B&M European Value Retail's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 0.29.

B&M European Value Retail Inventory Turnover Historical Data

The historical data trend for B&M European Value Retail'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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B&M European Value Retail Inventory Turnover Chart

B&M European Value Retail Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

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3.42

3.90

5.37

3.89

3.74

B&M European Value Retail Semi-Annual Data
	Sep13	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23
Inventory Turnover	Get a 7-Day Free Trial														2.53	1.90	1.68	1.63	2.18

B&M European Value Retail Inventory Turnover Calculation

B&M European Value Retail's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Inventory Turnover (A: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2023 )	/ (	(Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )
=	3861.65	/ (	(1137.022	+	927.184)	/	2 )
=	3861.65	/	1032.103
=	3.74

B&M European Value Retail's Inventory Turnover for the quarter that ended in Mar. 2023 is calculated as

	Inventory Turnover (Q: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2023 )	/ (	(Total Inventories (Q: Sep. 2022 )	+	Total Inventories (Q: Mar. 2023 ))	/	count )
=	2040.049	/ (	(947.905	+	927.184)	/	2 )
=	2040.049	/	937.5445
=	2.18

B&M European Value Retail (OTCPK:BMRRY) 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.

B&M European Value Retail's Days Inventory for the six months ended in Mar. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2023 )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
	=	937.5445	/	2040.049	*	365 / 2
	=	83.87

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.

B&M European Value Retail's Inventory to Revenue for the quarter that ended in Mar. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2023 )	/	Revenue (Q: Mar. 2023 )
	=	937.5445	/	3245.146
	=	0.29

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.

B&M European Value Retail Inventory Turnover Related Terms

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B&M European Value Retail (B&M European Value Retail) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » B&M European Value Retail SA (OTCPK:BMRRY) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

BMRPF:USA BMEl:UK BME:UK BMN:Germany

Address

68-70, Boulevard de la Petrusse, Luxembourg, LUX, L-2320

Website

https://www.bandmretail.com

B&M European Value Retail SA is principally engaged in operating discount retail stores. The company provides a broad range of merchandise, including food, alcohol, housewares, home textiles, small electrical goods, DIY products, garden-related products, grocery, fast-moving consumer goods, and more. Among its stores are B&M stores in the United Kingdom and France, and UK Heron. The B&M stores in the United Kingdom account for the majority of the company's total revenue.

B&M European Value Retail (B&M European Value Retail) Headlines

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