Bens Creek Group (LSE:BEN) Days Inventory : 34.62 (As of Sep. 2023)

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What is Bens Creek Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Bens Creek Group's Average Total Inventories for the six months ended in Sep. 2023 was £3.89 Mil. Bens Creek Group's Cost of Goods Sold for the six months ended in Sep. 2023 was £20.51 Mil. Hence, Bens Creek Group's Days Inventory for the six months ended in Sep. 2023 was 34.62.

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

LSE:BEN' s Days Inventory Range Over the Past 10 Years
Min: 26.16 Med: 71.52 Max: 116.87
Current: 27.87

During the past 3 years, Bens Creek Group's highest Days Inventory was 116.87. The lowest was 26.16. And the median was 71.52.

LSE:BEN's Days Inventory is ranked better than
90.09% of 575 companies
in the Steel industry
Industry Median: 85.66 vs LSE:BEN: 27.87

Bens Creek Group's Days Inventory increased from Sep. 2022 (22.59) to Sep. 2023 (34.62). It might indicate that Bens Creek Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Bens Creek Group's Inventory Turnover for the six months ended in Sep. 2023 was 5.27.

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. Bens Creek Group's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.20.

Bens Creek Group Days Inventory Historical Data

The historical data trend for Bens Creek 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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Bens Creek Group Days Inventory Chart

Bens Creek Group Annual Data

Trend

Mar21

Mar22

Mar23

Days Inventory

116.87

26.16

Bens Creek Group Semi-Annual Data
	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Inventory	Get a 7-Day Free Trial			-	58.43	22.59	25.29	34.62

Competitive Comparison of Bens Creek Group's Days Inventory

For the Coking Coal subindustry, Bens Creek 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.

Bens Creek Group's Days Inventory Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Bens Creek Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Bens Creek Group's Days Inventory falls into.

Bens Creek Group Days Inventory Calculation

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

Bens Creek Group's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

	Days Inventory (A: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (1.161	+	4.244)	/	2 )	/	37.701	*	365
=	2.7025					/	37.701	*	365
=	26.16

Bens Creek Group's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (4.244	+	3.537)	/	2 )	/	20.507	*	365 / 2
=	3.8905					/	20.507	*	365 / 2
=	34.62

Bens Creek Group (LSE:BEN) 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.

Bens Creek Group's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	20.507	/	3.8905
	=	5.27

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.

Bens Creek Group's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3.8905	/	19.011
	=	0.20

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.

Bens Creek Group Days Inventory Related Terms

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

Bens Creek Group (LSE:BEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Bens Creek Group PLC (LSE:BEN) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

BENCF:USA

Address

15 Stratton Street, London, GBR, W1J 8LQ

Website

https://www.benscreek.com

Bens Creek Group PLC owns and operates metallurgical coal mines in North America. Its main country of operation is the United States of America. The company is engaged in Ben's creek mining project situated in the southern part of the state of West Virginia and the eastern edge of the Commonwealth of Kentucky. The company has two geographical segment, the United Kingdom and the United States of America ("USA"). Activities in the UK are mainly administrative in nature whilst the activities in the USA relate to coal production and sale of coal. Geographically the company derives the majority of its revenue from USA.