Big Yellow Group (LSE:BYG) Inventory Turnover : 56.80 (As of Sep. 2023)

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What is Big Yellow Group 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. Big Yellow Group's Cost of Goods Sold for the six months ended in Sep. 2023 was £27.8 Mil. Big Yellow Group's Average Total Inventories for the quarter that ended in Sep. 2023 was £0.5 Mil. Big Yellow Group's Inventory Turnover for the quarter that ended in Sep. 2023 was 56.80.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Big Yellow Group's Days Inventory for the six months ended in Sep. 2023 was 3.21.

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. Big Yellow Group's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.00.

Big Yellow Group Inventory Turnover Historical Data

The historical data trend for Big Yellow Group'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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Big Yellow Group Inventory Turnover Chart

Big Yellow Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

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135.03

112.03

106.91

118.69

110.94

Big Yellow Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Inventory Turnover	Get a 7-Day Free Trial															61.74	60.01	54.93	57.08	56.80

Big Yellow Group Inventory Turnover Calculation

Big Yellow Group's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Inventory Turnover (A: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2023 )	/ (	(Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )
=	54.307	/ (	(0.483	+	0.496)	/	2 )
=	54.307	/	0.4895
=	110.94

Big Yellow Group'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: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	27.804	/ (	(0.496	+	0.483)	/	2 )
=	27.804	/	0.4895
=	56.80

Big Yellow Group (LSE:BYG) 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.

Big Yellow Group's Days Inventory for the six 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
	=	0.4895	/	27.804	*	365 / 2
	=	3.21

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.

Big Yellow Group'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 )
	=	0.4895	/	99.564
	=	0.00

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.

Big Yellow Group Inventory Turnover Related Terms

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Big Yellow Group (LSE:BYG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Big Yellow Group PLC (LSE:BYG) » Definitions » Inventory Turnover

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BYLOF:USA BYGl:UK B9Y:Germany

Address

Bridge Road, 2 The Deans, Bagshot, London, Surrey, GBR, GU19 5AT

Website

https://www.bigyellow.co.uk

Big Yellow Group PLC is a real estate investment trust that acquires, owns, and manages self-storage facilities throughout the United Kingdom. The company controls a real estate portfolio of storage properties operated mainly under the Big Yellow brand, with a smaller proportion also run under the lower-frills Armadillo Self Storage brand. Big Yellow's facilities are located across London and the Southeast region of the U.K. The company derives the vast majority of its revenue in the form of self-storage income from its locations in London and the South East. A substantial percentage also comes from sales of packing materials and insurance. Big Yellow's customers include individuals, retailers, professional service companies, hospitality firms, and wholesale merchants.

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