GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Brookfield Business Corp (NYSE:BBUC) » Definitions » Total Inventories

Brookfield Business (Brookfield Business) Total Inventories : $59 Mil (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Brookfield Business Total Inventories?

Brookfield Business's total inventories for the quarter that ended in Mar. 2024 was $59 Mil. Brookfield Business's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was $60 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Brookfield Business's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-249.69.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Brookfield Business's Days Inventory for the three months ended in Mar. 2024 was 3.31.

Inventory Turnover measures how fast the company turns over its inventory within a year. Brookfield Business's Inventory Turnover for the quarter that ended in Mar. 2024 was 27.53.

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. Brookfield Business's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.03.


Brookfield Business Total Inventories Historical Data

The historical data trend for Brookfield Business's Total Inventories 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.

Brookfield Business Total Inventories Chart

Brookfield Business Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial 726.00 713.00 580.00 635.00 61.00

Brookfield Business Quarterly Data
Dec18 Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Inventories 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 655.00 706.00 704.00 61.00 59.00

Brookfield Business Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


Brookfield Business  (NYSE:BBUC) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Brookfield Business's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

Net-Net Working Capital Per Share (Q: Mar. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(784+0.75 * 1514+0.5 * 59-16331
-0-3834)/72.9545
=-249.69

2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Brookfield Business'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
=60/1652*365 / 4
=3.31

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Brookfield Business's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=1652 / 60
=27.53

4. 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.

Brookfield Business'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 )
=60 / 1865
=0.03

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Brookfield Business Total Inventories Related Terms

Thank you for viewing the detailed overview of Brookfield Business's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


Brookfield Business (Brookfield Business) Business Description

Traded in Other Exchanges
Address
1055 West Georgia Street, Suite 1500, P.O. Box 11117, Vancouver, BC, CAN, V6E 4N7
Brookfield Business Corp is a company established as a vehicle that owns and operates certain services and industrial operations on a global basis and an alternative vehicle for investors who prefer investing in its operations through a corporate structure. Its goal is to generate returns through long-term capital appreciation with a modest distribution yield.

Brookfield Business (Brookfield Business) Headlines

From GuruFocus

Brookfield Business Corporation Completes 2021 Annual Filings

By GlobeNewswire GlobeNewswire 03-30-2022

Top 5 2nd Quarter Trades of BROOKFIELD ASSET MANAGEMENT INC.

By GuruFocus Research GuruFocus Editor 08-16-2022

Partners Group Holding AG Buys 3, Sells 2 in 2nd Quarter

By GuruFocus Research GuruFocus Editor 08-12-2022

Brookfield Business Corporation Completes 2022 Annual Filings

By GlobeNewswire GlobeNewswire 03-17-2023

Brookfield Business Corporation Completes 2022 Annual Filings

By sperokesalga sperokesalga 03-17-2023

Brookfield Business Corporation Completes 2021 Annual Filings

By GuruFocusNews GuruFocusNews 03-30-2022