Days Inventory is also known as Days Sales of Inventory (DSI). BQE Water's Average Total Inventories for the
three
months ended in Dec. 2023 was C$-0.00 Mil. BQE Water's Cost of Goods Sold for the
three
months ended in Dec. 2023 was C$2.26 Mil.
Hence, BQE Water's Days Inventory for the
three
months ended in Dec. 2023 was -0.08.
The historical rank and industry rank for BQE Water's Days Inventory or its related term are showing as below:
TSXV:BQE'
s Days Inventory Range Over the Past 10 Years
Min: -0.08 Med: 6.73 Max: 12
Current: -0.08
During the past 13 years, BQE Water's highest Days Inventory was 12.00. The lowest was -0.08. And the median was 6.73.
TSXV:BQE's Days Inventory is ranked better than 99.52% of 210
companies
in the Waste Management industry
Industry Median: 22.785
vs TSXV:BQE: -0.08
BQE Water's Days Inventory
declined
from Dec. 2022 (0.00) to Dec. 2023 (-0.08).
Inventory Turnover measures how fast the company turns over its inventory within a year.
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.
BQE Water's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was -0.00.
BQE Water Days Inventory Historical Data
The historical data trend for BQE Water'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.
Competitive Comparison of BQE Water's Days Inventory
For the Waste Management subindustry, BQE Water'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.
BQE Water's Days Inventory Distribution in the Waste Management Industry
For the Waste Management industry and Industrials sector, BQE Water's Days Inventory distribution charts can be found below:
* The bar in red indicates where BQE Water's Days Inventory falls into.
BQE Water Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
BQE Water's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
BQE Water (TSXV:BQE) 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.
BQE Water's Inventory Turnover for the
three
months ended in Dec. 2023 is calculated as
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.
BQE Water's Inventory to Revenue for the
three
months ended in Dec. 2023 is calculated as
* 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.
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.
BQE Water Days Inventory Related Terms
Thank you for viewing the detailed overview of BQE Water's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
BQE Water Inc is a service provider specializing in water treatment and management for metals mining, smelting and refining. It is helping to transform the way the industry thinks about water in the context of natural resource projects by offering services and expertise which enable more sustainable water management practices and improved overall project performance at reduced risks. BQE Water invests in innovation and has developed intellectual property through the commercialization of several new technologies at mine sites around the world for organizations including Glencore, Jiangxi Copper, Freeport-McMoRan and the US EPA. It has one operating segment, principally being an integrated water management services and treatment solutions provider.
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