BrewBilt MFG (BrewBilt MFG) Inventory Turnover : 0.69 (As of Sep. 2023)

View and export this data going back to 2016. Start your Free Trial

What is BrewBilt MFG 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. BrewBilt MFG's Cost of Goods Sold for the three months ended in Sep. 2023 was $0.13 Mil. BrewBilt MFG's Average Total Inventories for the quarter that ended in Sep. 2023 was $0.18 Mil. BrewBilt MFG's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.69.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. BrewBilt MFG's Days Inventory for the three months ended in Sep. 2023 was 131.85.

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. BrewBilt MFG's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 1.05.

BrewBilt MFG Inventory Turnover Historical Data

The historical data trend for BrewBilt MFG'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.

BrewBilt MFG Inventory Turnover Chart

BrewBilt MFG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

Get a 7-Day Free Trial

0.11

37.23

10.02

4.36

6.22

BrewBilt MFG Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Inventory Turnover	Get a 7-Day Free Trial															0.41	1.40	1.56	1.23	0.69

BrewBilt MFG Inventory Turnover Calculation

BrewBilt MFG'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 )
=	1.039	/ (	(0.148	+	0.186)	/	2 )
=	1.039	/	0.167
=	6.22

BrewBilt MFG's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

	Inventory Turnover (Q: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	0.127	/ (	(0.189	+	0.178)	/	2 )
=	0.127	/	0.1835
=	0.69

BrewBilt MFG (OTCPK:BBRW) 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.

BrewBilt MFG's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	0.1835	/	0.127	*	365 / 4
	=	131.85

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.

BrewBilt MFG's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	0.1835	/	0.174
	=	1.05

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.

BrewBilt MFG Inventory Turnover Related Terms

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

BrewBilt MFG (BrewBilt MFG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » BrewBilt MFG Inc (OTCPK:BBRW) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

110 Spring Hill Road, Suite 10, Grass Valley, CA, USA, 95945

Website

https://www.brewbilt.com

BrewBilt MFG Inc is engaged in designing and manufacturing custom brewing and fermentation equipment for craft brewers dedicated to making specialty craft beer. BrewBilt brewhouses and tanks are fabricated by skilled local welders using American stainless steel. All BrewBilt products are designed and fabricated as "food grade" quality which enables the company to build vessels for food and beverage processing. BrewBilt buys materials and components mostly from suppliers which enables BrewBilt to closely monitor quality, while the company's revenues are generated from sales to customers throughout the world a great deal of specific interest in coming from Mexico, Japan, Europe, and Australia.