Beeks Financial Cloud Group (LSE:BKS) Days Inventory : 35.54 (As of Dec. 2023)

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What is Beeks Financial Cloud Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Beeks Financial Cloud Group's Average Total Inventories for the six months ended in Dec. 2023 was £1.59 Mil. Beeks Financial Cloud Group's Cost of Goods Sold for the six months ended in Dec. 2023 was £8.15 Mil. Hence, Beeks Financial Cloud Group's Days Inventory for the six months ended in Dec. 2023 was 35.54.

The historical rank and industry rank for Beeks Financial Cloud Group's Days Inventory or its related term are showing as below:

LSE:BKS' s Days Inventory Range Over the Past 10 Years
Min: 43.34 Med: 54.6 Max: 61.09
Current: 43.34

During the past 10 years, Beeks Financial Cloud Group's highest Days Inventory was 61.09. The lowest was 43.34. And the median was 54.60.

LSE:BKS's Days Inventory is ranked worse than
65.09% of 1561 companies
in the Software industry
Industry Median: 19.5 vs LSE:BKS: 43.34

Beeks Financial Cloud Group's Days Inventory declined from Dec. 2022 (60.96) to Dec. 2023 (35.54).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Beeks Financial Cloud Group's Inventory Turnover for the six months ended in Dec. 2023 was 5.14.

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. Beeks Financial Cloud Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.12.

Beeks Financial Cloud Group Days Inventory Historical Data

The historical data trend for Beeks Financial Cloud Group's Days Inventory 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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Beeks Financial Cloud Group Days Inventory Chart

Beeks Financial Cloud Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Inventory

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61.09

48.10

Beeks Financial Cloud Group Semi-Annual Data
	Jun15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial												-	56.75	60.96	51.05	35.54

Competitive Comparison of Beeks Financial Cloud Group's Days Inventory

For the Software - Infrastructure subindustry, Beeks Financial Cloud Group's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Beeks Financial Cloud Group's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Beeks Financial Cloud Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Beeks Financial Cloud Group's Days Inventory falls into.

Beeks Financial Cloud Group Days Inventory Calculation

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

Beeks Financial Cloud Group's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

	Days Inventory (A: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (1.818	+	1.767)	/	2 )	/	13.602	*	365
=	1.7925					/	13.602	*	365
=	48.10

Beeks Financial Cloud Group's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (1.767	+	1.408)	/	2 )	/	8.153	*	365 / 2
=	1.5875					/	8.153	*	365 / 2
=	35.54

Beeks Financial Cloud Group (LSE:BKS) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Beeks Financial Cloud Group's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	8.153	/	1.5875
	=	5.14

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.

Beeks Financial Cloud Group's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.5875	/	13.005
	=	0.12

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Beeks Financial Cloud Group Days Inventory Related Terms

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

Beeks Financial Cloud Group (LSE:BKS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Beeks Financial Cloud Group PLC (LSE:BKS) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Kings Inch Way, Riverside Building, Renfrew, Renfrew, Renfrewshire, GBR, PA4 8YU

Website

https://www.beeksgroup.com

Beeks Financial Cloud Group PLC is a technology company that provides services like Trading Infrastructure, Managed Cloud, On Demand compute, Connectivity, Analytics and Open Finance to enterprises functioning in capital markets and financial services industry. The operating segments of the company are Public/Private Cloud and Proximity Cloud/Exchange Cloud with the majority of the revenue being generated from the Public/Private Cloud segment. Geographically, the company operates in United Kingdom, Europe, United States and Rest of the world. A substantial portion of its overall revenue is generated from its business in United States.