Bremer Lagerhaus-Gesellschaft (FRA:BLH) Inventory Turnover : 63.59 (As of Dec. 2023)

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

What is Bremer Lagerhaus-Gesellschaft 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. Bremer Lagerhaus-Gesellschaft's Cost of Goods Sold for the six months ended in Dec. 2023 was €1,025 Mil. Bremer Lagerhaus-Gesellschaft's Average Total Inventories for the quarter that ended in Dec. 2023 was €16 Mil. Bremer Lagerhaus-Gesellschaft's Inventory Turnover for the quarter that ended in Dec. 2023 was 63.59.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bremer Lagerhaus-Gesellschaft's Days Inventory for the six months ended in Dec. 2023 was 2.87.

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. Bremer Lagerhaus-Gesellschaft's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.01.

Bremer Lagerhaus-Gesellschaft Inventory Turnover Historical Data

The historical data trend for Bremer Lagerhaus-Gesellschaft'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.

Bremer Lagerhaus-Gesellschaft Inventory Turnover Chart

Bremer Lagerhaus-Gesellschaft Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

106.48

76.68

57.30

56.14

63.59

Bremer Lagerhaus-Gesellschaft Semi-Annual Data
	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Inventory Turnover	Get a 7-Day Free Trial												106.48	76.68	57.30	56.14	63.59

Bremer Lagerhaus-Gesellschaft Inventory Turnover Calculation

Bremer Lagerhaus-Gesellschaft'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 )
=	1025.234	/ (	(17.456	+	14.791)	/	2 )
=	1025.234	/	16.1235
=	63.59

Bremer Lagerhaus-Gesellschaft'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: Dec. 2022 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	1025.234	/ (	(17.456	+	14.791)	/	2 )
=	1025.234	/	16.1235
=	63.59

Bremer Lagerhaus-Gesellschaft (FRA:BLH) 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.

Bremer Lagerhaus-Gesellschaft'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
	=	16.1235	/	1025.234	*	365 / 2
	=	2.87

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.

Bremer Lagerhaus-Gesellschaft'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 )
	=	16.1235	/	1210.035
	=	0.01

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.

Bremer Lagerhaus-Gesellschaft Inventory Turnover Related Terms

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

Bremer Lagerhaus-Gesellschaft (FRA:BLH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Bremer Lagerhaus-Gesellschaft (FRA:BLH) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

BLH:Germany

Address

Präsident-Kennedy-Platz 1, Bremen, DEU, 28203

Website

http://www.blg.de

Bremer Lagerhaus-Gesellschaft is engaged in the provision of logistics services. The company operates through three segments which include Automobile, Contract, and Container. The Automobile segment consists of logistics of finished vehicles and includes handling, storage, technical processing and forwarding and transport logistics through rail, road and inland waterway. Its Contract segment offers automotive, industrial, retail and seaport logistics, forwarding services and logistics for the offshore wind industry. The Container segment focuses on container handling.

Bremer Lagerhaus-Gesellschaft (FRA:BLH) Headlines

No Headlines