Brondbyernes IF Fodbold AS (OCSE:BIF) Inventory Turnover : 7.84 (As of Dec. 2024)

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What is Brondbyernes IF Fodbold AS 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. Brondbyernes IF Fodbold AS's Cost of Goods Sold for the six months ended in Dec. 2024 was kr41.4 Mil. Brondbyernes IF Fodbold AS's Average Total Inventories for the quarter that ended in Dec. 2024 was kr5.3 Mil. Brondbyernes IF Fodbold AS's Inventory Turnover for the quarter that ended in Dec. 2024 was 7.84.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Brondbyernes IF Fodbold AS's Days Inventory for the six months ended in Dec. 2024 was 23.27.

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. Brondbyernes IF Fodbold AS's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.04.

Brondbyernes IF Fodbold AS Inventory Turnover Historical Data

The historical data trend for Brondbyernes IF Fodbold AS'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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Brondbyernes IF Fodbold AS Inventory Turnover Chart

Brondbyernes IF Fodbold AS Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

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12.53

12.00

8.53

19.20

15.92

Brondbyernes IF Fodbold AS Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Dec24
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	7.84

Brondbyernes IF Fodbold AS Inventory Turnover Calculation

Brondbyernes IF Fodbold AS's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	60.851	/ (	(3.189	+	4.455)	/	2 )
=	60.851	/	3.822
=	15.92

Brondbyernes IF Fodbold AS'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: Dec. 2023 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	41.379	/ (	(4.124	+	6.426)	/	2 )
=	41.379	/	5.275
=	7.84

Brondbyernes IF Fodbold AS (OCSE:BIF) 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.

Brondbyernes IF Fodbold AS's Days Inventory for the six 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
	=	5.275	/	41.379	*	365 / 2
	=	23.27

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.

Brondbyernes IF Fodbold AS'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 )
	=	5.275	/	141.485
	=	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.

Brondbyernes IF Fodbold AS Inventory Turnover Related Terms

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Brondbyernes IF Fodbold AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Brondbyernes IF Fodbold AS (OCSE:BIF) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

BYXB:Germany

Address

Brondby Stadion 30, Brondby, DNK, 2605

Website

http://www.brondby.com

Brondbyernes IF Fodbold AS through its subsidiaries is engaged in arrangement of sports events, operation of sports facility Broendby Stadium and management of football teams. Its teams include both men and women team as well as junior teams. The Company generates revenues from ticket sales, merchandise, media rights, sponsor and advertising income, and player contracts.

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