DBMG (DBM Global) Inventory Turnover: 30.96 (As of Dec. 2013)


What is DBM Global Inventory Turnover?

DBM Global DBMG +7.14% Inventory Turnover is 30.96 as of Dec. 2013.

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. DBM Global's Cost of Goods Sold for the six months ended in Dec. 2013 was $356.0 Mil. DBM Global's Average Total Inventories for the quarter that ended in Dec. 2013 was $11.5 Mil. DBM Global's Inventory Turnover for the quarter that ended in Dec. 2013 was 30.96.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. DBM Global's Days Inventory for the six months ended in Dec. 2013 was 5.89.

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. DBM Global's Inventory-to-Revenue for the quarter that ended in Dec. 2013 was 0.03.

DBM Global  (OTCPK:DBMG) 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.

DBM Global's Days Inventory for the six months ended in Dec. 2013 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2013 )/Cost of Goods Sold (Q: Dec. 2013 )*Days in Period
=11.4975/355.951*365 / 2
=5.89

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.

DBM Global's Inventory to Revenue for the quarter that ended in Dec. 2013 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2013 ) / Revenue (Q: Dec. 2013 )
=11.4975 / 416.142
=0.03

* 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.

DBM Global Inventory Turnover Related Terms

DBM Global Inventory Turnover Historical Data

* Premium members only.

The historical data trend for DBM Global'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.

DBM Global Inventory Turnover Chart

DBM Global Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec11 Dec12 Dec13
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.90 31.72 16.64 23.75 30.96

DBM Global Semi-Annual Data
Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec11 Dec12 Dec13
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 29.90 31.72 16.64 23.75 30.96

DBM Global Inventory Turnover Calculation

DBM Global's Inventory Turnover for the fiscal year that ended in Dec. 2013 is calculated as

Inventory Turnover (A: Dec. 2013 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2013 ) / ((Total Inventories (A: Dec. 2012 ) + Total Inventories (A: Dec. 2013 )) / count )
=355.951 / ((11.438 + 11.557) / 2 )
=355.951 / 11.4975
=30.96

DBM Global's Inventory Turnover for the quarter that ended in Dec. 2013 is calculated as

Inventory Turnover (Q: Dec. 2013 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2013 ) / ((Total Inventories (Q: Dec. 2012 ) + Total Inventories (Q: Dec. 2013 )) / count )
=355.951 / ((11.438 + 11.557) / 2 )
=355.951 / 11.4975
=30.96

* 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 30.96 mean?
DBM Global (DBMG) has a Inventory Turnover of 30.96 as of Dec. 2013. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on DBM Global and its competitors.
Is DBM Global's Inventory Turnover too high?
DBM Global's current Inventory Turnover is 30.96.
How does DBM Global's Inventory Turnover compare to competitors?
DBM Global's Inventory Turnover of 30.96 can be compared against companies in the Construction 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 Construction company?
A good Inventory Turnover depends on the Construction 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 DBM Global and its competitors. DBM Global's current Inventory Turnover is 30.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DBM Global stock overvalued right now?
DBM Global (DBMG) has a current Inventory Turnover of 30.96. The current Inventory Turnover is 30.96. 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 DBM Global (DBMG), the current Inventory Turnover is 30.96 as of Dec. 2013. 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.

DBM Global Business Description

Address 3020 E Camelback Road, Suite 100, Phoenix, AZ, USA, 85016
DBM Global Inc is a United States-based company engaged in providing construction and superior asset management solutions. It offers integrated steel construction services from a single source and professional services that include design-assist, design-build, engineering, BIM participation, 3D steel modeling/detailing, fabrication, and advanced field erection. The portfolio of the companies includes Schuff Steel Company, Schuff Steel Management Company, PDC, BDS VirCon and Aitken Manufacturing.