Breedon Group (LSE:BREE) Inventory Turnover : -2.34 (As of Dec. 2023)

View and export this data going back to 2008. Start your Free Trial

What is Breedon Group 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. Breedon Group's Cost of Goods Sold for the six months ended in Dec. 2023 was £-242 Mil. Breedon Group's Average Total Inventories for the quarter that ended in Dec. 2023 was £104 Mil. Breedon Group's Inventory Turnover for the quarter that ended in Dec. 2023 was -2.34.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

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. Breedon Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.14.

Breedon Group Inventory Turnover Historical Data

The historical data trend for Breedon 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.

* Premium members only.

Breedon Group Inventory Turnover Chart

Breedon Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

10.37

10.70

13.25

3.14

2.45

Breedon Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															6.77	6.60	-2.40	5.55	-2.34

Breedon Group Inventory Turnover Calculation

Breedon Group'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 )
=	263.1	/ (	(94.8	+	120.1)	/	2 )
=	263.1	/	107.45
=	2.45

Breedon Group'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: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	-242.1	/ (	(87.1	+	120.1)	/	2 )
=	-242.1	/	103.6
=	-2.34

Breedon Group (LSE:BREE) 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.

Breedon Group's Days Inventory for the six 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
	=	103.6	/	-242.1	*	365 / 2
	=

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.

Breedon Group'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 )
	=	103.6	/	744.8
	=	0.14

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.

Breedon Group Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Breedon Group's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Breedon Group (LSE:BREE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Breedon Group PLC (LSE:BREE) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

BRDNF:USA BREEl:UK

Address

28 Esplanade, Saint Helier, JEY, JE2 3QA

Website

https://www.breedongroup.com

Breedon Group PLC is a producer of construction materials. The products include aggregates such as polished stone value stones, sub-base materials and sands for the road construction industry, milled limestones for agricultural applications, asphalt, ready-mix concrete, concrete beams and blocks, and cement. The company also offers surfacing and contracting services, which lays asphalt and other bituminous bound materials. Breedon's customers range from civil engineering businesses over local authorities and utilities companies to homes and smaller businesses. The company generates a majority of its revenue in the United Kingdom.

Breedon Group (LSE:BREE) Headlines

No Headlines