Northern Bear (LSE:NTBR) Inventory Turnover : 19.55 (As of Sep. 2024)

View and export this data going back to 2006. Start your Free Trial

What is Northern Bear 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. Northern Bear's Cost of Goods Sold for the six months ended in Sep. 2024 was £28.64 Mil. Northern Bear's Average Total Inventories for the quarter that ended in Sep. 2024 was £1.47 Mil. Northern Bear's Inventory Turnover for the quarter that ended in Sep. 2024 was 19.55.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Northern Bear's Days Inventory for the six months ended in Sep. 2024 was 9.34.

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. Northern Bear's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.04.

Northern Bear Inventory Turnover Historical Data

The historical data trend for Northern Bear'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.

Northern Bear Inventory Turnover Chart

Northern Bear Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

Get a 7-Day Free Trial

52.50

41.12

40.91

39.17

35.93

Northern Bear Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Inventory Turnover	Get a 7-Day Free Trial															19.33	20.41	20.06	16.55	19.55

Northern Bear Inventory Turnover Calculation

Northern Bear's Inventory Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Inventory Turnover (A: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2024 )	/ (	(Total Inventories (A: Mar. 2023 )	+	Total Inventories (A: Mar. 2024 ))	/	count )
=	52.811	/ (	(1.444	+	1.496)	/	2 )
=	52.811	/	1.47
=	35.93

Northern Bear's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

	Inventory Turnover (Q: Sep. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2024 )	/ (	(Total Inventories (Q: Mar. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	28.638	/ (	(1.496	+	1.434)	/	2 )
=	28.638	/	1.465
=	19.55

Northern Bear (LSE:NTBR) 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.

Northern Bear's Days Inventory for the six months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	1.465	/	28.638	*	365 / 2
	=	9.34

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.

Northern Bear's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	1.465	/	37.578
	=	0.04

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.

Northern Bear Inventory Turnover Related Terms

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

Northern Bear Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Northern Bear PLC (LSE:NTBR) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

A1 Grainger, Prestwick Park, Prestwick, Newcastle upon Tyne, GBR, NE20 9SJ

Website

https://www.northernbearplc.com

Northern Bear PLC is a specialist building service provider serving the support services sector. Its operating segments include Roofing activities - companies providing a comprehensive range of roofing services including slang, felting, refurbishment, and maintenance for domestic, commercial, and public sector properties; Materials handling activities - supply, service, and maintenance of forklift trucks and warehouse equipment on hire and for sale; Specialist building services activities - aggregation of other specialist building services companies providing services including building maintenance, electrical contracting, and sound insulation and Corporate and other activities - the provision of head office activity and consolidation items. It generates revenues mainly from the UK.

Northern Bear Headlines

No Headlines