Bid (JSE:BID) Change In Inventory : R0 Mil (TTM As of Dec. 2023)

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What is Bid Change In Inventory?

Bid's change in inventory for the quarter that ended in Dec. 2023 was R0 Mil. It means Bid's inventory stayed the same from Jun. 2023 to Dec. 2023 .

Bid's change in inventory for the fiscal year that ended in Jun. 2023 was R-1,595 Mil. It means Bid's inventory increased by R1,595 Mil from Jun. 2022 to Jun. 2023 .

Bid's Total Inventories for the quarter that ended in Dec. 2023 was R17,428 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bid's Days Inventory for the quarter that ended in Dec. 2023 was 37.07.

Inventory Turnover measures how fast the company turns over its inventory within a year. Bid's Inventory Turnover for the quarter that ended in Dec. 2023 was 4.92.

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. Bid's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.16.

Bid Change In Inventory Historical Data

The historical data trend for Bid's Change In Inventory 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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Bid Change In Inventory Chart

Bid Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Change In Inventory

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-618.14

929.87

-1,273.89

-3,160.55

-1,594.77

Bid Semi-Annual Data
	Jun13	Jun14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Bid Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was R0 Mil.

Bid (JSE:BID) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Bid's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	17646.9565	/	86878.786	*	365 / 2
	=	37.07

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Bid's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	86878.786	/	17646.9565
	=	4.92

3. 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.

Bid's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	17646.9565	/	113802.77
	=	0.16

Bid Change In Inventory Related Terms

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Bid (JSE:BID) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Bid Corp Ltd (JSE:BID) » Definitions » Change In Inventory

Comparable Companies

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BDDDY:USA BPPPF:USA

Address

90 Rivonia Road, 2nd Floor, North Wing, Sandton, Johannesburg, GT, ZAF, 2196

Website

http://www.bidcorpgroup.com

Bid Corp Ltd is a foodservice company. The company distributes chilled and frozen foods, fresh produce, meats, and nonfood products to operators around the globe. The company has various business segments, several of which it divides by geographic region. Its business segments include Australasia, the United Kingdom, Europe, and Emerging Markets. The company generates the vast majority of its revenue from Europe.