GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Builders FirstSource Inc (NYSE:BLDR) » Definitions » Inventory Turnover

Builders FirstSource (Builders FirstSource) Inventory Turnover : 2.00 (As of Mar. 2024)


View and export this data going back to 2005. Start your Free Trial

What is Builders FirstSource 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. Builders FirstSource's Cost of Goods Sold for the three months ended in Mar. 2024 was $2,591 Mil. Builders FirstSource's Average Total Inventories for the quarter that ended in Mar. 2024 was $1,293 Mil. Builders FirstSource's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Builders FirstSource's Days Inventory for the three months ended in Mar. 2024 was 45.51.

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. Builders FirstSource's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.33.


Builders FirstSource Inventory Turnover Historical Data

The historical data trend for Builders FirstSource'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.

Builders FirstSource Inventory Turnover Chart

Builders FirstSource 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 9.16 9.42 11.65 9.82 8.35

Builders FirstSource Quarterly Data
Jun19 Sep19 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 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 1.82 2.17 2.19 2.10 2.00

Builders FirstSource Inventory Turnover Calculation

Builders FirstSource'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 )
=11084.996 / ((1426.196 + 1228.265) / 2 )
=11084.996 / 1327.2305
=8.35

Builders FirstSource'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 )
=2591.498 / ((1228.265 + 1356.907) / 2 )
=2591.498 / 1292.586
=2.00

* 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.


Builders FirstSource  (NYSE:BLDR) 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.

Builders FirstSource'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
=1292.586/2591.498*365 / 4
=45.51

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.

Builders FirstSource'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 )
=1292.586 / 3891.352
=0.33

* 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.


Builders FirstSource Inventory Turnover Related Terms

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


Builders FirstSource (Builders FirstSource) Business Description

Traded in Other Exchanges
Address
2001 Bryan Street, Suite 1600, Dallas, TX, USA, 75201
Builders FirstSource Inc is a manufacturer and supplier of building materials. The company offers structural and related building products such as factory-built roof and floor trusses, wall panels and stairs, vinyl windows, custom millwork and trim, and engineered wood. The products can be designed for each home individually and are installed by Builders FirstSource. The company's construction-related services include professional installation, turn-key framing and shell construction. Builders FirstSource's customers range from large production builders to small custom homebuilders.
Executives
Michael Alan Farmer officer: President - Commercial Ops C/O BMC STOCK HOLDINGS, INC., 4800 FALLS OF NEUSE RD, SUITE 400, RALEIGH NC 27609
Michael Hiller officer: President - Central Division 2001 BRYAN ST STE 1600, DALLAS TX 75201
Timothy D Johnson officer: EVP & General Counsel 5020 WESTON PARKWAY, SUITE 400, CARY NC 27513
Jami Lynn Coulter officer: Principal Accounting Officer 2001 BRYAN ST., SUITE 1600, DALLAS TX 75201
Paul M Mccrobie officer: President - East Division 2001 BRYAN STREET, SUITE 1600, DALLAS TX 75201
Dirkson R Charles director 50 MAIN STREET, 4TH FLOOR, WHITE PLAINS NY 10606
Floyd F Sherman director, officer: President & CEO BUILDERS FIRSTSOURCE INC., 2001 BRYAN STREET, SUITE 1600, DALLAS TX 75201
Amy B Messersmith officer: Chief People Officer 2001 BRYAN ST STE 1600, DALLAS TX 75201
James Oleary director
David W Bullock director C/O GRAHAM PACKAGING HOLDINGS COMPANY, 2401 PLEASANT VALLEY ROAD, YORK PA 17402
Mark A Alexander director C/O W. P. CAREY INC., 395 9TH AVENUE, 58TH FLOOR, NEW YORK, NEW YORK NY 10001
David E Flitman director, officer: President C/O NALCO COMPANY, 1601 WEST DIEHL ROAD, NAPERVILLE IL 60563
Boydston Cory Jacobs director C/O BMC STOCK HOLDINGS, INC., 4800 FALLS OF NEUSE RD, SUITE 400, RALEIGH NC 27617
Stephen J Herron officer: President - East Division 2001 BRYAN ST STE 1600, DALLAS TX 75201
David E Rush officer: SVP - COO - East 2001 BRYAN ST., SUITE 1600, DALLAS TX 75201

Builders FirstSource (Builders FirstSource) Headlines