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Bigblu Broadband (LSE:BBB) Inventory Turnover : 13.70 (As of Nov. 2023)


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What is Bigblu Broadband 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. Bigblu Broadband's Cost of Goods Sold for the six months ended in Nov. 2023 was £7.18 Mil. Bigblu Broadband's Average Total Inventories for the quarter that ended in Nov. 2023 was £0.52 Mil. Bigblu Broadband's Inventory Turnover for the quarter that ended in Nov. 2023 was 13.70.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bigblu Broadband's Days Inventory for the six months ended in Nov. 2023 was 13.32.

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. Bigblu Broadband's Inventory-to-Revenue for the quarter that ended in Nov. 2023 was 0.05.


Bigblu Broadband Inventory Turnover Historical Data

The historical data trend for Bigblu Broadband'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.

Bigblu Broadband Inventory Turnover Chart

Bigblu Broadband Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.66 5.24 18.68 18.22 26.03

Bigblu Broadband Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 10.94 7.61 5.96 8.78 13.70

Bigblu Broadband Inventory Turnover Calculation

Bigblu Broadband's Inventory Turnover for the fiscal year that ended in Nov. 2023 is calculated as

Inventory Turnover (A: Nov. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Nov. 2023 ) / ((Total Inventories (A: Nov. 2022 ) + Total Inventories (A: Nov. 2023 )) / count )
=16.31 / ((1.142 + 0.111) / 2 )
=16.31 / 0.6265
=26.03

Bigblu Broadband's Inventory Turnover for the quarter that ended in Nov. 2023 is calculated as

Inventory Turnover (Q: Nov. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Nov. 2023 ) / ((Total Inventories (Q: May. 2023 ) + Total Inventories (Q: Nov. 2023 )) / count )
=7.179 / ((0.937 + 0.111) / 2 )
=7.179 / 0.524
=13.70

* 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.


Bigblu Broadband  (LSE:BBB) 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.

Bigblu Broadband's Days Inventory for the six months ended in Nov. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Nov. 2023 )/Cost of Goods Sold (Q: Nov. 2023 )*Days in Period
=0.524/7.179*365 / 2
=13.32

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.

Bigblu Broadband's Inventory to Revenue for the quarter that ended in Nov. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Nov. 2023 ) / Revenue (Q: Nov. 2023 )
=0.524 / 10.972
=0.05

* 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.


Bigblu Broadband Inventory Turnover Related Terms

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Bigblu Broadband (LSE:BBB) Business Description

Traded in Other Exchanges
N/A
Address
60 Gracechurch Street, 6th Floor, London, GBR, EC3V 0HR
Bigblu Broadband PLC is an independent broadband service provider for consumers and businesses. The company has one reportable segment - the provision of broadband services. Geographically, it derives a majority of its revenue from the rest of the world and has a presence in the United Kingdom and Europe. Its product consists of Satellite Broadband, next-generation fixed wireless, and 4G/5G. The company generates revenue from the sale of airtime, data, hardware, and installation in connection with the supply of broadband services.

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