Brother Enterprises Holding Co (SZSE:002562) Inventory Turnover : 0.96 (As of Sep. 2024)

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What is Brother Enterprises Holding Co 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. Brother Enterprises Holding Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥702 Mil. Brother Enterprises Holding Co's Average Total Inventories for the quarter that ended in Sep. 2024 was ¥731 Mil. Brother Enterprises Holding Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.96.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Brother Enterprises Holding Co's Days Inventory for the three months ended in Sep. 2024 was 95.00.

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. Brother Enterprises Holding Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.86.

Brother Enterprises Holding Co Inventory Turnover Historical Data

The historical data trend for Brother Enterprises Holding Co'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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Brother Enterprises Holding Co Inventory Turnover Chart

Brother Enterprises Holding Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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2.72

2.73

3.18

2.90

2.94

Brother Enterprises Holding Co 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															0.72	0.80	0.99	1.19	0.96

Brother Enterprises Holding Co Inventory Turnover Calculation

Brother Enterprises Holding Co'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 )
=	2510.942	/ (	(967.439	+	740.501)	/	2 )
=	2510.942	/	853.97
=	2.94

Brother Enterprises Holding Co'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 )
=	701.94	/ (	(654.621	+	806.897)	/	2 )
=	701.94	/	730.759
=	0.96

Brother Enterprises Holding Co (SZSE:002562) 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.

Brother Enterprises Holding Co'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
	=	730.759	/	701.94	*	365 / 4
	=	95.00

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.

Brother Enterprises Holding Co'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 )
	=	730.759	/	848.95
	=	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.

Brother Enterprises Holding Co Inventory Turnover Related Terms

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Brother Enterprises Holding Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Brother Enterprises Holding Co Ltd (SZSE:002562) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3 Caijiashiqiao, Lianmin Village, Zhejiang Province, Zhouwangmiao Town, Haining, CHN, 314407

Website

http://www.brother.com.cn

Brother Enterprises Holding Co Ltd is engaged in the research and development, production, and sale of leather chemicals, fine chemicals, and vitamins. Its leather chemicals include tanning agents, fat liquors, additives, leather auxiliaries, and other products. The company also provides fine chemicals, such as alpha-acetyl-gamma-butyrolactone, methyl formate and beta-aminopropionic acid among others.

Executives

Zhang Yong Hui	Executives
Li Jian Ping	Directors, executives
Gu Ju Ying	Independent director
Qian Zhi Ming	Director
Qian Zhi Da	Directors, executives
Shen Fei	Supervisors
Zhou Zhong Ping	Director
Luo Chen	Supervisors
Tang Yue Qiang	Executives
Qian Xiao Feng	Directors, executives
Xia De Bing	Supervisors
Liu Xiang Yang	Director

Brother Enterprises Holding Co Headlines

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