SSIF BRK Financial Group (BSE:BRK) Inventory Turnover : 0.53 (As of Jun. 2023)

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

What is SSIF BRK Financial 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. SSIF BRK Financial Group's Cost of Goods Sold for the three months ended in Jun. 2023 was lei4.64 Mil. SSIF BRK Financial Group's Average Total Inventories for the quarter that ended in Jun. 2023 was lei8.78 Mil. SSIF BRK Financial Group's Inventory Turnover for the quarter that ended in Jun. 2023 was 0.53.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. SSIF BRK Financial Group's Days Inventory for the three months ended in Jun. 2023 was 172.64.

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. SSIF BRK Financial Group's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 1.04.

SSIF BRK Financial Group Inventory Turnover Historical Data

The historical data trend for SSIF BRK Financial 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.

* Premium members only.

SSIF BRK Financial Group Inventory Turnover Chart

SSIF BRK Financial Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

2.27

2.52

2.02

SSIF BRK Financial Group Quarterly Data
	Dec15	Dec16	Mar17	Dec17	Mar18	Dec18	Jun19	Dec19	Mar20	Jun20	Dec20	Mar21	Jun21	Dec21	Mar22	Jun22	Dec22	Mar23	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															0.64	-	0.33	0.53	-

SSIF BRK Financial Group Inventory Turnover Calculation

SSIF BRK Financial Group'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 )
=	17.684	/ (	(8.791	+	8.723)	/	2 )
=	17.684	/	8.757
=	2.02

SSIF BRK Financial Group's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

	Inventory Turnover (Q: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2023 )	/ (	(Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )
=	4.638	/ (	(0	+	8.775)	/	1 )
=	4.638	/	8.775
=	0.53

SSIF BRK Financial Group (BSE:BRK) 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.

SSIF BRK Financial Group's Days Inventory for the three months ended in Jun. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2023 )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
	=	8.775	/	4.638	*	365 / 4
	=	172.64

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.

SSIF BRK Financial Group's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	8.775	/	8.402
	=	1.04

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.

SSIF BRK Financial Group Inventory Turnover Related Terms

Thank you for viewing the detailed overview of SSIF BRK Financial Group's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

SSIF BRK Financial Group (BSE:BRK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » SSIF BRK Financial Group SA (BSE:BRK) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Calea Motilor No. 119, Cluj-Napoca, ROU, 400045

Website

https://www.brk.ro

SSIF BRK Financial Group SA is a Romania based financial investment services company. It offers services for its retail and institutional clients. It operates in two segments, 1) The intermediary segment refers to all the transaction intermediation services offered to individual investors and companies, as well as to the specialized services offered to institutional clients. 2) Own portfolio management segment.

SSIF BRK Financial Group (BSE:BRK) Headlines

No Headlines