BW Epic Kosan (OSL:BWEK) Inventory Turnover : 5.74 (As of Jun. 2023)

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What is BW Epic Kosan 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. BW Epic Kosan's Cost of Goods Sold for the three months ended in Jun. 2023 was kr396 Mil. BW Epic Kosan's Average Total Inventories for the quarter that ended in Jun. 2023 was kr69 Mil. BW Epic Kosan's Inventory Turnover for the quarter that ended in Jun. 2023 was 5.74.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. BW Epic Kosan's Days Inventory for the three months ended in Jun. 2023 was 15.91.

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. BW Epic Kosan's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.07.

BW Epic Kosan Inventory Turnover Historical Data

The historical data trend for BW Epic Kosan'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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BW Epic Kosan Inventory Turnover Chart

BW Epic Kosan Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

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19.48

21.24

39.80

71.13

49.87

BW Epic Kosan Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Inventory Turnover	Get a 7-Day Free Trial															3.19	3.59	18.72	5.76	5.74

BW Epic Kosan Inventory Turnover Calculation

BW Epic Kosan'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 )
=	2980.875	/ (	(48.229	+	71.305)	/	2 )
=	2980.875	/	59.767
=	49.87

BW Epic Kosan's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

	Inventory Turnover (Q: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2023 )	/ (	(Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )
=	396.012	/ (	(54.768	+	83.305)	/	2 )
=	396.012	/	69.0365
=	5.74

BW Epic Kosan (OSL:BWEK) 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.

BW Epic Kosan's Days Inventory for the three months ended in Jun. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2023 )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
	=	69.0365	/	396.012	*	365 / 4
	=	15.91

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.

BW Epic Kosan's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	69.0365	/	939.157
	=	0.07

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.

BW Epic Kosan Inventory Turnover Related Terms

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BW Epic Kosan Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » BW Epic Kosan Ltd (OSL:BWEK) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

10 Pasir Panjang Road, No. 17-01, Mapletree Business City, Singapore, SGP, 117438

Website

https://www.bwek.com

BW Epic Kosan Ltd is engaged in the oil and gas industry. The company owns and operates a fleet of pressurized gas carriers providing seaborne services for the transportation of liquefied petroleum gas and petrochemicals. The vessels serve several oil majors and commodity trading houses throughout Southeast Asia, Europe, West Africa, and the United States of America.

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