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BEXIMCO (DHA:BEXIMCO) Inventory Turnover : 0.39 (As of Dec. 2024)


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What is BEXIMCO 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. BEXIMCO's Cost of Goods Sold for the three months ended in Dec. 2024 was BDT2,125 Mil. BEXIMCO's Average Total Inventories for the quarter that ended in Dec. 2024 was BDT5,418 Mil. BEXIMCO's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.39.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. BEXIMCO's Days Inventory for the three months ended in Dec. 2024 was 232.62.

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. BEXIMCO's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 4.71.


BEXIMCO Inventory Turnover Historical Data

The historical data trend for BEXIMCO'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.

BEXIMCO Inventory Turnover Chart

BEXIMCO Annual Data
Trend Dec13 Dec14 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.76 3.32 4.15 3.63 1.50

BEXIMCO Quarterly Data
Jun17 Jun18 Jun19 Jun20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.47 0.32 0.43 0.27 0.39

BEXIMCO Inventory Turnover Calculation

BEXIMCO's Inventory Turnover for the fiscal year that ended in Jun. 2024 is calculated as

Inventory Turnover (A: Jun. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jun. 2024 ) / ((Total Inventories (A: Jun. 2023 ) + Total Inventories (A: Jun. 2024 )) / count )
=21119.681 / ((14236.582 + 13932.912) / 2 )
=21119.681 / 14084.747
=1.50

BEXIMCO's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover (Q: Dec. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2024 ) / ((Total Inventories (Q: Sep. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count )
=2125.472 / ((5473.573 + 5363.15) / 2 )
=2125.472 / 5418.3615
=0.39

* 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.


BEXIMCO  (DHA:BEXIMCO) 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.

BEXIMCO's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=5418.3615/2125.472*365 / 4
=232.62

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.

BEXIMCO's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=5418.3615 / 1150.365
=4.71

* 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.


BEXIMCO Inventory Turnover Related Terms

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BEXIMCO Business Description

Traded in Other Exchanges
N/A
Address
Bir Uttam M. A. Rob Sarak Road No. 2, Plot No. 24 (New) 17 (Old), Dhanmondi, Dhaka, BGD, 1205
BEXIMCO Ltd is a Bangladesh-based company, its business activities include investment operation, agency, and trading in other commodities. The company is also engaged in manufacturing and marketing of yarn that is consumed by weaving mills of Bangladesh including its own weaving mills producing and marketing fabric, that are also consumed by the export-oriented garments industries of Bangladesh including the garments factories of Beximco Group. It operates in two divisions: textiles and others out of which textile derives the majority revenue.

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