Chicago Bridge & Iron Co NV (Chicago Bridge & Iron Co NV) Inventory Turnover : 14.66 (As of Mar. 2018)

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What is Chicago Bridge & Iron Co NV 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. Chicago Bridge & Iron Co NV's Cost of Goods Sold for the three months ended in Mar. 2018 was $1,573 Mil. Chicago Bridge & Iron Co NV's Average Total Inventories for the quarter that ended in Mar. 2018 was $107 Mil. Chicago Bridge & Iron Co NV's Inventory Turnover for the quarter that ended in Mar. 2018 was 14.66.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Chicago Bridge & Iron Co NV's Days Inventory for the three months ended in Mar. 2018 was 6.22.

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. Chicago Bridge & Iron Co NV's Inventory-to-Revenue for the quarter that ended in Mar. 2018 was 0.06.

Chicago Bridge & Iron Co NV Inventory Turnover Historical Data

The historical data trend for Chicago Bridge & Iron Co NV'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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Chicago Bridge & Iron Co NV Inventory Turnover Chart

Chicago Bridge & Iron Co NV Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Inventory Turnover

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59.02

39.07

32.22

32.19

45.71

Chicago Bridge & Iron Co NV Quarterly Data
	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18
Inventory Turnover	Get a 7-Day Free Trial															8.53	9.19	12.97	17.65	14.66

Chicago Bridge & Iron Co NV Inventory Turnover Calculation

Chicago Bridge & Iron Co NV's Inventory Turnover for the fiscal year that ended in Dec. 2017 is calculated as

	Inventory Turnover (A: Dec. 2017 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2017 )	/ (	(Total Inventories (A: Dec. 2016 )	+	Total Inventories (A: Dec. 2017 ))	/	count )
=	6666.218	/ (	(190.102	+	101.573)	/	2 )
=	6666.218	/	145.8375
=	45.71

Chicago Bridge & Iron Co NV's Inventory Turnover for the quarter that ended in Mar. 2018 is calculated as

	Inventory Turnover (Q: Mar. 2018 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2018 )	/ (	(Total Inventories (Q: Dec. 2017 )	+	Total Inventories (Q: Mar. 2018 ))	/	count )
=	1572.52	/ (	(101.573	+	112.978)	/	2 )
=	1572.52	/	107.2755
=	14.66

Chicago Bridge & Iron Co NV (NYSE:CBI) 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.

Chicago Bridge & Iron Co NV's Days Inventory for the three months ended in Mar. 2018 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2018 )	/	Cost of Goods Sold (Q: Mar. 2018 )	*	Days in Period
	=	107.2755	/	1572.52	*	365 / 4
	=	6.22

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.

Chicago Bridge & Iron Co NV's Inventory to Revenue for the quarter that ended in Mar. 2018 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2018 )	/	Revenue (Q: Mar. 2018 )
	=	107.2755	/	1745.619
	=	0.06

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.

Chicago Bridge & Iron Co NV Inventory Turnover Related Terms

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Chicago Bridge & Iron Co NV (Chicago Bridge & Iron Co NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Chicago Bridge & Iron Co NV (NYSE:CBI) » Definitions » Inventory Turnover

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Address

Website

http://www.cbi.com

Founded in 1889, Chicago Bridge & Iron provides a wide range of services, including conceptual design, technology, engineering, procurement, fabrication, modularization, construction, commissioning, maintenance, program management, and environmental services, to customers in the global energy infrastructure market. It also provides diversified government services. It generated 2017 adjusted revenue and adjusted EBIT of $5.8 billion and a loss of $180 million, respectively. CB&I employs 34,000 at active projects in more than 70 countries.

Executives

James H Miller	director	C/O CROWN HOLDINGS, INC., 770 TOWNSHIP LINE ROAD, YARDLEY PA 19067
W Craig Kissel	director
Alexander Forbes I J	director	10560 DR. MARTIN LUTHER KING JR. ST N, ST. PETERSBURG FL 33716-3718
Deborah M Fretz	director	1801 MARKET STREET, PHILADELPHIA PA 19103
L Richard Flury	director	2000 W SAM HOUSTON PKWY S, SUITE 2000, HOUSTON TX 77042
Richard W. Heo	officer: Executive Vice President	2103 RESEARCH FOREST DRIVE, THE WOODLANDS TX 77380
Westley S. Stockton	officer: VP, Controller, CAO	2103 RESEARCH FOREST DRIVE, THE WOODLANDS TX 77380
James R Bolch	director	C/O INGERSOLL-RAND COMPANY, 155 CHESTNUT RIDGE ROAD, MONTVALE NJ 07645
Marsha C Williams	director	EQUITY OFFICE PROPERTIES, CHICAGO IL 60606
Michael S Taff	officer: Executive Vice President & CFO	777 N ELDRIDGE PARKWAY, HOUSTON TX 77079
Larry D Mcvay	director	2000 W SAM HOUSTON PKWY S, SUITE 2000, HOUSTON TX 77042
Philip K Asherman	director, officer: President and CEO	1450 LAKE ROBBINS DR.,, SUITE 400, THE WOODLANDS TX 77380
Chandler Richard E Jr	officer: EVP and Chief Legal Officer	1800 HUGHES LANDING BLVD, SUITE 250, THE WOODLANDS TX 77380
Sheila B Feldman	officer: Executive Vice President
Ronald A Ballschmiede	officer: Executive Vice President & CFO	1800 HUGHES LANDING BLVD, SUITE 250, THE WOODLANDS TX 77380