Budapest Ingatlan Nyrt (BUD:BIF) Inventory Turnover : 10.58 (As of Dec. 2023)

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What is Budapest Ingatlan Nyrt 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. Budapest Ingatlan Nyrt's Cost of Goods Sold for the six months ended in Dec. 2023 was Ft1,071 Mil. Budapest Ingatlan Nyrt's Average Total Inventories for the quarter that ended in Dec. 2023 was Ft101 Mil. Budapest Ingatlan Nyrt's Inventory Turnover for the quarter that ended in Dec. 2023 was 10.58.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Budapest Ingatlan Nyrt's Days Inventory for the six months ended in Dec. 2023 was 17.25.

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. Budapest Ingatlan Nyrt's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.02.

Budapest Ingatlan Nyrt Inventory Turnover Historical Data

The historical data trend for Budapest Ingatlan Nyrt'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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Budapest Ingatlan Nyrt Inventory Turnover Chart

Budapest Ingatlan Nyrt Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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1.01

2.27

3.05

9.37

20.35

Budapest Ingatlan Nyrt 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															1.70	2.79	5.01	9.71	10.58

Budapest Ingatlan Nyrt Inventory Turnover Calculation

Budapest Ingatlan Nyrt'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 )
=	2059.744	/ (	(101.847	+	100.6)	/	2 )
=	2059.744	/	101.2235
=	20.35

Budapest Ingatlan Nyrt'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 )
=	1071.075	/ (	(101.847	+	100.6)	/	2 )
=	1071.075	/	101.2235
=	10.58

Budapest Ingatlan Nyrt (BUD:BIF) 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.

Budapest Ingatlan Nyrt'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
	=	101.2235	/	1071.075	*	365 / 2
	=	17.25

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.

Budapest Ingatlan Nyrt'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 )
	=	101.2235	/	4131.023
	=	0.02

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.

Budapest Ingatlan Nyrt Inventory Turnover Related Terms

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Budapest Ingatlan Nyrt (BUD:BIF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Budapest Ingatlan Nyrt (BUD:BIF) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

Polgar Utca 8-10, Budapest, HUN, 1033

Website

https://www.attila99loft.hu

Budapest Ingatlan Nyrt operates as a real estate investment trust. The company's property portfolio includes Office Buildings, Parking Garages, Construction Lots, Residential properties, Building plots and Hotels. Its properties include Bajscy Office Building, BIF Loft, Arcadia Hotel and Pest inn Hotel among others.

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