Inventory Turnover (Annual)

Inventory Turnover: A ratio showing how many times a company's inventory is sold and replaced over a period. Calculated as: Cost of Goods Sold / Total Inventory

Black Hills Corporation (BKH) had Inventory Turnover of 6.11 for the most recently reported fiscal year, ending 2023-12-31.

Quarterly Annual

Figures for fiscal year ending 2023-12-31

Income Statement Financials
Revenue	$2.33B
Net Income	$262.20M
Cost of Goods Sold	$982.90M
Gross Profit	$1.35B
Operating Expenses	$1.86B
Operating Income	$472.70M
Non-Operating Income/Expense	$-171.10M
Pre-Tax Income	$301.60M
Normalized Pre-Tax Income	$301.60M
Income after Taxes	$276.00M
Income from Continuous Operations	$276.00M
Consolidated Net Income/Loss	$276.00M
Normalized Income after Taxes	$276.00M
EBIT	$472.70M
EBITDA	$739.60M
Weighted-Average Shares Outstanding (Basic)	67.00M
Weighted-Average Shares Outstanding (Diluted)	67.10M
Earnings per Share (EPS) (Basic)	$3.91
Earnings per Share (EPS) (Diluted)	$3.91
Balance Sheet Financials
Current Assets	$826.60M
Property, Plant, and Equipment	$7.12B
Long-Term Assets	$8.79B
Total Assets	$9.62B
Current Liabilities	$1.19B
Long-Term Debt	$3.80B
Long-Term Liabilities	$5.13B
Total Liabilities	$6.31B
Common Equity	$3.31B
Tangible Shareholders Equity	$2.00B
Shareholders Equity	$3.31B
Common Shares Outstanding	68.20M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$944.40M
Cash Flow from Investing Activities	$-536.70M
Cash Flow from Financial Activities	$-341.70M
Beginning Cash	$27.00M
End Cash	$93.00M
Increase/Decrease in Cash	$66.00M
Stock-Based Compensation	$7.00M
Common Stock Dividends Paid	$-186.40M
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	0.70
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.53
Debt to Equity Ratio	1.33
Gross Margin	57.84%
Operating Margin	20.28%
EBIT Margin	20.28%
EBITDA Margin	31.72%
Pre-Tax Profit Margin	12.94%
Profit Margin	11.25%
Free Cash Flow	$388.80M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.24
Inventory Turnover	6.11
Receiveable Turnover	6.32
Days Sales in Receivables	57.74
Return on Equity	8.35%
Return on Tangible Equity	13.81%
Return on Assets	2.87%
Return on Investments	3.88%
Book Value Per Share	$48.47
Free Cash Flow per Share	$5.79
Operating Cash Flow per Share	$14.07

Data from Zacks Investment Research, Inc.