GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Bell Food Group Ltd (XSWX:BELL) » Definitions » Inventory Turnover

Bell Food Group (XSWX:BELL) Inventory Turnover : 2.68 (As of Dec. 2023)


View and export this data going back to 1996. Start your Free Trial

What is Bell Food Group 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. Bell Food Group's Cost of Goods Sold for the six months ended in Dec. 2023 was CHF1,385 Mil. Bell Food Group's Average Total Inventories for the quarter that ended in Dec. 2023 was CHF516 Mil. Bell Food Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.68.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bell Food Group's Days Inventory for the six months ended in Dec. 2023 was 67.97.

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. Bell Food Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.23.


Bell Food Group Inventory Turnover Historical Data

The historical data trend for Bell Food Group'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.

* Premium members only.

Bell Food Group Inventory Turnover Chart

Bell Food Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.87 5.80 5.83 5.56 5.50

Bell Food Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.89 2.79 2.71 2.59 2.68

Bell Food Group Inventory Turnover Calculation

Bell Food Group'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 )
=2746.2 / ((508.6 + 489.9) / 2 )
=2746.2 / 499.25
=5.50

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

Inventory Turnover (Q: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2023 ) / ((Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count )
=1384.9 / ((541.7 + 489.9) / 2 )
=1384.9 / 515.8
=2.68

* 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.


Bell Food Group  (XSWX:BELL) 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.

Bell Food Group's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=515.8/1384.9*365 / 2
=67.97

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.

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

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=515.8 / 2287.4
=0.23

* 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.


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.


Bell Food Group Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Bell Food Group's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Bell Food Group (XSWX:BELL) Business Description

Traded in Other Exchanges
Address
Elsasserstrasse 174, Basel, CHE, 4056
Bell Food Group Ltd is a food processor that provides meat, charcuterie, poultry, and convenience products. Bell operates in three divisions: Bell Switzerland, supplying retailers, wholesalers, food service, and food processing; Bell international, operating in Germany, Austria, France, Poland, and other European countries; and convenience, focusing on fresh and prepared products such as salads, fruit plates, sandwiches, ready-made meals, soups, and pasta. Bell Switzerland represents more than half of the company's income.

Bell Food Group (XSWX:BELL) Headlines

No Headlines