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Belton Holding (CAI:BTFH) Inventory Turnover : 4.04 (As of Dec. 2023)


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What is Belton Holding 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. Belton Holding's Cost of Goods Sold for the three months ended in Dec. 2023 was E£376 Mil. Belton Holding's Average Total Inventories for the quarter that ended in Dec. 2023 was E£93 Mil. Belton Holding's Inventory Turnover for the quarter that ended in Dec. 2023 was 4.04.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Belton Holding's Days Inventory for the three months ended in Dec. 2023 was 22.57.

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. Belton Holding's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.13.


Belton Holding Inventory Turnover Historical Data

The historical data trend for Belton Holding'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.

* Premium members only.

Belton Holding Inventory Turnover Chart

Belton Holding Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only - - - - 10.14

Belton Holding Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - 4.04

Belton Holding Inventory Turnover Calculation

Belton Holding'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 )
=943.985 / ((0 + 93.054) / 1 )
=943.985 / 93.054
=10.14

Belton Holding'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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count )
=376.188 / ((0 + 93.054) / 1 )
=376.188 / 93.054
=4.04

* 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.


Belton Holding  (CAI:BTFH) 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.

Belton Holding's Days Inventory for the three 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
=93.054/376.188*365 / 4
=22.57

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.

Belton Holding'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 )
=93.054 / 735.549
=0.13

* 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.


Belton Holding Inventory Turnover Related Terms

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Belton Holding (CAI:BTFH) Business Description

Traded in Other Exchanges
N/A
Address
Nile City Towers, North Tower, 33rd Floor, Corniche El-Nil 2005 A, Cairo, EGY, 11221
Belton Financial Holding provides various financial services for companies, institutions, banks, high-net-worth individuals, and international investors in Europe, the Americas, and Asia. It offers security brokerage, market maker, and asset management services, as well as initial public offerings and financial advisory services. The company also provides fundamental insights and analysis for equity, fixed income, and commodities markets.

Belton Holding (CAI:BTFH) Headlines

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