Bemax (BMXC) Inventory Turnover: 1.58 (As of May. 2017)


What is Bemax Inventory Turnover?

Bemax BMXC Inventory Turnover is 1.58 as of May. 2017.

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. Bemax's Cost of Goods Sold for the six months ended in May. 2017 was $0.30 Mil. Bemax's Average Total Inventories for the quarter that ended in May. 2017 was $0.19 Mil. Bemax's Inventory Turnover for the quarter that ended in May. 2017 was 1.58.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bemax's Days Inventory for the six months ended in May. 2017 was 115.26.

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. Bemax's Inventory-to-Revenue for the quarter that ended in May. 2017 was 1.32.

Bemax  (OTCPK:BMXC) 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.

Bemax's Days Inventory for the six months ended in May. 2017 is calculated as:

Days Inventory =Average Total Inventories (Q: May. 2017 )/Cost of Goods Sold (Q: May. 2017 )*Days in Period
=0.192/0.304*365 / 2
=115.26

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.

Bemax's Inventory to Revenue for the quarter that ended in May. 2017 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: May. 2017 ) / Revenue (Q: May. 2017 )
=0.192 / 0.145
=1.32

* 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.

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.

Bemax Inventory Turnover Related Terms

Bemax Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Bemax'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.

Bemax Inventory Turnover Chart

Bemax Annual Data
Trend May14 May15 May16 May17
Inventory Turnover
0.00 0.00 2.51 1.58

Bemax Semi-Annual Data
May14 May15 May16 May17
Inventory Turnover 0.00 0.00 2.51 1.58

Bemax Inventory Turnover Calculation

Bemax's Inventory Turnover for the fiscal year that ended in May. 2017 is calculated as

Inventory Turnover (A: May. 2017 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: May. 2017 ) / ((Total Inventories (A: May. 2016 ) + Total Inventories (A: May. 2017 )) / count )
=0.304 / ((0.19 + 0.194) / 2 )
=0.304 / 0.192
=1.58

Bemax's Inventory Turnover for the quarter that ended in May. 2017 is calculated as

Inventory Turnover (Q: May. 2017 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: May. 2017 ) / ((Total Inventories (Q: May. 2016 ) + Total Inventories (Q: May. 2017 )) / count )
=0.304 / ((0.19 + 0.194) / 2 )
=0.304 / 0.192
=1.58

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 1.58 mean?
Bemax (BMXC) has a Inventory Turnover of 1.58 as of May. 2017. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Bemax and its competitors.
Is Bemax's Inventory Turnover too high?
Bemax's current Inventory Turnover is 1.58.
How does Bemax's Inventory Turnover compare to TANH and SNBH?
Bemax's Inventory Turnover of 1.58 can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Consumer Packaged Goods company?
A good Inventory Turnover depends on the Consumer Packaged Goods industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Bemax and its competitors. Bemax's current Inventory Turnover is 1.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bemax stock overvalued right now?
Bemax (BMXC) has a current Inventory Turnover of 1.58. The current Inventory Turnover is 1.58. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Bemax (BMXC), the current Inventory Turnover is 1.58 as of May. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Bemax Business Description

Address 625 Silver Oak Drive, Dallas, GA, USA, 30132
Bemax Inc is a United States-based company. The company is engaged in the business of exporting disposable baby diapers manufactured in the United States and Asia and then distributing them to Europe and South Africa. It distributes its products through existing Bemax distribution channels of wholesalers and retailers in Europe and emerging African markets as well as to buyers online through the Bemax e-commerce website. The brands include Modenna, Mother's Touch, and Mother's Choice.