Cashbuild (JSE:CSB) Inventory Turnover : 2.33 (As of Dec. 2023)

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What is Cashbuild 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. Cashbuild's Cost of Goods Sold for the six months ended in Dec. 2023 was R4,358 Mil. Cashbuild's Average Total Inventories for the quarter that ended in Dec. 2023 was R1,872 Mil. Cashbuild's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.33.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Cashbuild's Days Inventory for the six months ended in Dec. 2023 was 78.42.

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. Cashbuild's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.32.

Cashbuild Inventory Turnover Historical Data

The historical data trend for Cashbuild'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.

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Cashbuild Inventory Turnover Chart

Cashbuild Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Inventory Turnover

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5.26

5.39

6.56

5.36

4.94

Cashbuild 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															2.57	2.33	2.50	2.10	2.33

Cashbuild Inventory Turnover Calculation

Cashbuild's Inventory Turnover for the fiscal year that ended in Jun. 2023 is calculated as

	Inventory Turnover (A: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2023 )	/ (	(Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )
=	7948.438	/ (	(1520.302	+	1698.486)	/	2 )
=	7948.438	/	1609.394
=	4.94

Cashbuild'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 )
=	4357.629	/ (	(1698.486	+	2046.339)	/	2 )
=	4357.629	/	1872.4125
=	2.33

Cashbuild (JSE:CSB) 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.

Cashbuild'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
	=	1872.4125	/	4357.629	*	365 / 2
	=	78.42

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.

Cashbuild'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 )
	=	1872.4125	/	5788.986
	=	0.32

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.

Cashbuild Inventory Turnover Related Terms

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Cashbuild (JSE:CSB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Cashbuild Ltd (JSE:CSB) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Handel Road, Ormonde, Johannesburg, GT, ZAF, 2001

Website

https://www.cashbuild.co.za

Cashbuild Ltd is a South Africa-based company that is engaged in the retailing of building materials and associated products. The firm primarily operates stores in South Africa and the neighboring countries of Botswana, Swaziland, Lesotho, Namibia, and Malawi through its subsidiaries. Its stores are mostly located in towns, as well as townships, rural areas, and metropolitan settings. Cashbuild's products include cement, roofing, openings, timber, bricks, decorative, plumbing, hardware, ceilings, electrical, and tools. A sizable amount of its products are cement-related. The firm's customers include home-builders, contractors, farmers, traders and construction companies, as well as government-related infrastructure developers.