BZQIF (Bezeq The Israeli Telecommunication) Inventory Turnover : 3.46 (As of Sep. 2024)

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What is Bezeq The Israeli Telecommunication 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. Bezeq The Israeli Telecommunication's Cost of Goods Sold for the three months ended in Sep. 2024 was $96 Mil. Bezeq The Israeli Telecommunication's Average Total Inventories for the quarter that ended in Sep. 2024 was $28 Mil. Bezeq The Israeli Telecommunication's Inventory Turnover for the quarter that ended in Sep. 2024 was 3.46.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bezeq The Israeli Telecommunication's Days Inventory for the three months ended in Sep. 2024 was 26.37.

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. Bezeq The Israeli Telecommunication's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.04.

Bezeq The Israeli Telecommunication Inventory Turnover Historical Data

The historical data trend for Bezeq The Israeli Telecommunication'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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Bezeq The Israeli Telecommunication Inventory Turnover Chart

Bezeq The Israeli Telecommunication Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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16.20

18.02

20.68

19.18

19.01

Bezeq The Israeli Telecommunication 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															3.50	4.58	3.94	3.12	3.46

Bezeq The Israeli Telecommunication Inventory Turnover Calculation

Bezeq The Israeli Telecommunication'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 )
=	440.877	/ (	(23.613	+	22.78)	/	2 )
=	440.877	/	23.1965
=	19.01

Bezeq The Israeli Telecommunication'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 )
=	96.121	/ (	(29.725	+	25.836)	/	2 )
=	96.121	/	27.7805
=	3.46

Bezeq The Israeli Telecommunication (OTCPK:BZQIF) 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.

Bezeq The Israeli Telecommunication'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
	=	27.7805	/	96.121	*	365 / 4
	=	26.37

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.

Bezeq The Israeli Telecommunication'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 )
	=	27.7805	/	620.617
	=	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.

Bezeq The Israeli Telecommunication Inventory Turnover Related Terms

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Bezeq The Israeli Telecommunication Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Bezeq The Israeli Telecommunication Corp Ltd (OTCPK:BZQIF) » Definitions » Inventory Turnover

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BZQIY:USA BEZQ:Israel

Address

132 Menachem Begin Avenue, Azrieli Center, (Triangle Tower), 27th Floor, Tel Aviv, ISR, 61620

Website

https://www.bezeq.co.il

Bezeq The Israeli Telecommunication Corp Ltd is a triple-play telecommunications company. The company generates revenue through the provision of mobile, broadband, and data. It operates through four business segments: Bezeq, Pelephone, Bezeq International, and DBS Satellite Services. The Bezeq segment generates revenue from fixed-line communications and contributes the majority of overall company revenue. Pelephone derives revenue from the provision of mobile services. Bezeq International and DBS Satellite Services produce revenue from the provision of Internet services and satellite TV services, respectively. The company owns telecommunications infrastructure, such as fibre networks. It generates the vast majority of its revenue in Israel.