Bagir Group (LSE:BAGR) Inventory Turnover: 2.94 (As of Jun. 2019)


What is Bagir Group Inventory Turnover?

Bagir Group LSE:BAGR Inventory Turnover is 2.94 as of Jun. 2019. The stock has 4 warning signs investors should review.

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. Bagir Group's Cost of Goods Sold for the six months ended in Jun. 2019 was £22.79 Mil. Bagir Group's Average Total Inventories for the quarter that ended in Jun. 2019 was £7.76 Mil. Bagir Group's Inventory Turnover for the quarter that ended in Jun. 2019 was 2.94.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bagir Group's Days Inventory for the six months ended in Jun. 2019 was 62.14.

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. Bagir Group's Inventory-to-Revenue for the quarter that ended in Jun. 2019 was 0.30.

Bagir Group  (LSE:BAGR) 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.

Bagir Group's Days Inventory for the six months ended in Jun. 2019 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2019 )/Cost of Goods Sold (Q: Jun. 2019 )*Days in Period
=7.759/22.786*365 / 2
=62.14

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.

Bagir Group's Inventory to Revenue for the quarter that ended in Jun. 2019 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2019 ) / Revenue (Q: Jun. 2019 )
=7.759 / 25.857
=0.30

* 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.

Bagir Group Inventory Turnover Related Terms

Bagir Group Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Bagir Group'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.

Bagir Group Inventory Turnover Chart

Bagir Group Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Inventory Turnover
Get a 7-Day Free Trial 9.59 7.46 8.73 6.99 6.70

Bagir Group Semi-Annual Data
Dec11 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19
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 4.39 3.28 3.03 3.25 2.94

Bagir Group Inventory Turnover Calculation

Bagir Group's Inventory Turnover for the fiscal year that ended in Dec. 2018 is calculated as

Inventory Turnover (A: Dec. 2018 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2018 ) / ((Total Inventories (A: Dec. 2017 ) + Total Inventories (A: Dec. 2018 )) / count )
=40.211 / ((5.005 + 7.004) / 2 )
=40.211 / 6.0045
=6.70

Bagir Group's Inventory Turnover for the quarter that ended in Jun. 2019 is calculated as

Inventory Turnover (Q: Jun. 2019 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2019 ) / ((Total Inventories (Q: Dec. 2018 ) + Total Inventories (Q: Jun. 2019 )) / count )
=22.786 / ((7.004 + 8.514) / 2 )
=22.786 / 7.759
=2.94

* 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 2.94 mean?
Bagir Group (LSE:BAGR) has a Inventory Turnover of 2.94 as of Jun. 2019. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Bagir Group and its competitors.
Is Bagir Group's Inventory Turnover too high?
Bagir Group's current Inventory Turnover is 2.94.
How does Bagir Group's Inventory Turnover compare to KBSF?
Bagir Group's Inventory Turnover of 2.94 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Inventory Turnover depends on the Manufacturing - Apparel & Accessories 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 Bagir Group and its competitors. Bagir Group's current Inventory Turnover is 2.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bagir Group stock overvalued right now?
Bagir Group (LSE:BAGR) has a current Inventory Turnover of 2.94. The current Inventory Turnover is 2.94. 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 Bagir Group (LSE:BAGR), the current Inventory Turnover is 2.94 as of Jun. 2019. 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.

Bagir Group Business Description

Address 44 Israel Pollack Road, Kiryat Gat, ISR, 82101
Bagir Group Ltd is a tailoring provider engaged in developing, manufacturing and marketing of men and women's tailored fashions. The company markets its suits, jackets, and trousers under retail private labels such as GIR Collection, AR-RED, and Jay Godfrey. Its products are marketed under two geographical segments Europe and the United States of America of which the US generates maximum revenue. Its activities in Europe are concentrated in the United Kingdom.