Bikurey Hasade (Holdings) (XTAE:BKRY) Inventory Turnover : 12.57 (As of Mar. 2024)

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What is Bikurey Hasade (Holdings) 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. Bikurey Hasade (Holdings)'s Cost of Goods Sold for the three months ended in Mar. 2024 was ₪405 Mil. Bikurey Hasade (Holdings)'s Average Total Inventories for the quarter that ended in Mar. 2024 was ₪32 Mil. Bikurey Hasade (Holdings)'s Inventory Turnover for the quarter that ended in Mar. 2024 was 12.57.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bikurey Hasade (Holdings)'s Days Inventory for the three months ended in Mar. 2024 was 7.26.

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. Bikurey Hasade (Holdings)'s Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.06.

Bikurey Hasade (Holdings) Inventory Turnover Historical Data

The historical data trend for Bikurey Hasade (Holdings)'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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Bikurey Hasade (Holdings) Inventory Turnover Chart

Bikurey Hasade (Holdings) Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

47.49

54.38

46.85

44.61

Bikurey Hasade (Holdings) Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial													9.52	9.84	12.03	11.05	12.57

Bikurey Hasade (Holdings) Inventory Turnover Calculation

Bikurey Hasade (Holdings)'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 )
=	1323.541	/ (	(27.747	+	31.595)	/	2 )
=	1323.541	/	29.671
=	44.61

Bikurey Hasade (Holdings)'s Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	404.778	/ (	(31.595	+	32.802)	/	2 )
=	404.778	/	32.1985
=	12.57

Bikurey Hasade (Holdings) (XTAE:BKRY) 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.

Bikurey Hasade (Holdings)'s Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	32.1985	/	404.778	*	365 / 4
	=	7.26

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.

Bikurey Hasade (Holdings)'s Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	32.1985	/	529.007
	=	0.06

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.

Bikurey Hasade (Holdings) Inventory Turnover Related Terms

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Bikurey Hasade (Holdings) (XTAE:BKRY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Bikurey Hasade (Holdings) Ltd (XTAE:BKRY) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Leon Schreiber 1, Kiryat Malachi, ISR, 8310902

Website

http://www.bikurey.co.il

Bikurey Hasade (Holdings) Ltd is engaged in growing, marketing, and distributing fresh vegetables and fruits. The products offered by the company include Fresh fruits and vegetables, Dried Fruit, and Organic produce among others.

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