Bayerische Motoren Werke AG (MIL:1BMW3) Inventory Turnover : 1.01 (As of Sep. 2024)

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What is Bayerische Motoren Werke AG 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. Bayerische Motoren Werke AG's Cost of Goods Sold for the three months ended in Sep. 2024 was €28,160 Mil. Bayerische Motoren Werke AG's Average Total Inventories for the quarter that ended in Sep. 2024 was €27,953 Mil. Bayerische Motoren Werke AG's Inventory Turnover for the quarter that ended in Sep. 2024 was 1.01.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bayerische Motoren Werke AG's Days Inventory for the three months ended in Sep. 2024 was 90.58.

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. Bayerische Motoren Werke AG's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.86.

Bayerische Motoren Werke AG Inventory Turnover Historical Data

The historical data trend for Bayerische Motoren Werke AG'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.

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Bayerische Motoren Werke AG Inventory Turnover Chart

Bayerische Motoren Werke AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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5.97

5.76

5.96

6.69

5.79

Bayerische Motoren Werke AG Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Inventory Turnover	Get a 7-Day Free Trial															1.24	1.41	1.21	1.14	1.01

Bayerische Motoren Werke AG Inventory Turnover Calculation

Bayerische Motoren Werke AG'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 )
=	125809	/ (	(19746	+	23708)	/	2 )
=	125809	/	21727
=	5.79

Bayerische Motoren Werke AG'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: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	28160	/ (	(26851	+	29055)	/	2 )
=	28160	/	27953
=	1.01

Bayerische Motoren Werke AG (MIL:1BMW3) 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.

Bayerische Motoren Werke AG's Days Inventory for the three 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
	=	27953	/	28160	*	365 / 4
	=	90.58

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.

Bayerische Motoren Werke AG'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 )
	=	27953	/	32406
	=	0.86

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.

Bayerische Motoren Werke AG Inventory Turnover Related Terms

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Bayerische Motoren Werke AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Bayerische Motoren Werke AG (MIL:1BMW3) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

BMWKY:USA BAMXF:USA BMW:Romania 1BMW:Italy BMW:Hungary BMWd:UK 0O0V:UK 0O0U:UK BMW:Germany BMW:Canada BMW:Bulgaria BMWG:Austria BMW:Austria

Address

Petuelring 130, Munich, BY, DEU, 80809

Website

https://www.bmwgroup.com

BMW is a premium passenger car and motorcycle original equipment manufacturer, home to the brands BMW, Mini Cooper, Rolls-Royce, and BMW Motorrad. BMW sold 2.8 million vehicles in 2023 (2.6 million being passenger cars). In terms of sales volumes, Asia and Europe are BMW's largest regions, contributing 39% and 38%, respectively. BMW's core competence is in the "affordable" luxury channel, with limited exposure to high-end priced vehicles.

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