BuildDirect.com Technologies (TSXV:BILD) Days Inventory : 55.07 (As of Sep. 2023)

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What is BuildDirect.com Technologies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). BuildDirect.com Technologies's Average Total Inventories for the three months ended in Sep. 2023 was C$9.1 Mil. BuildDirect.com Technologies's Cost of Goods Sold for the three months ended in Sep. 2023 was C$15.0 Mil. Hence, BuildDirect.com Technologies's Days Inventory for the three months ended in Sep. 2023 was 55.07.

The historical rank and industry rank for BuildDirect.com Technologies's Days Inventory or its related term are showing as below:

TSXV:BILD' s Days Inventory Range Over the Past 10 Years
Min: 40.03 Med: 41.48 Max: 61.97
Current: 52.87

During the past 3 years, BuildDirect.com Technologies's highest Days Inventory was 61.97. The lowest was 40.03. And the median was 41.48.

TSXV:BILD's Days Inventory is ranked worse than
66.94% of 242 companies
in the Interactive Media industry
Industry Median: 18.305 vs TSXV:BILD: 52.87

BuildDirect.com Technologies's Days Inventory increased from Sep. 2022 (45.17) to Sep. 2023 (55.07). It might indicate that BuildDirect.com Technologies's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. BuildDirect.com Technologies's Inventory Turnover for the three months ended in Sep. 2023 was 1.66.

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. BuildDirect.com Technologies's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.36.

BuildDirect.com Technologies Days Inventory Historical Data

The historical data trend for BuildDirect.com Technologies'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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BuildDirect.com Technologies Days Inventory Chart

BuildDirect.com Technologies Annual Data

Trend

Dec20

Dec21

Dec22

Days Inventory

61.97

40.03

41.48

BuildDirect.com Technologies Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Inventory	Get a 7-Day Free Trial									45.17	47.03	55.02	54.87	55.07

Competitive Comparison of BuildDirect.com Technologies's Days Inventory

For the Internet Content & Information subindustry, BuildDirect.com Technologies'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.

BuildDirect.com Technologies's Days Inventory Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, BuildDirect.com Technologies's Days Inventory distribution charts can be found below:

* The bar in red indicates where BuildDirect.com Technologies's Days Inventory falls into.

BuildDirect.com Technologies Days Inventory Calculation

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

BuildDirect.com Technologies's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (9.54	+	9.044)	/	2 )	/	81.757	*	365
=	9.292					/	81.757	*	365
=	41.48

BuildDirect.com Technologies'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: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (9.557	+	8.554)	/	2 )	/	15.006	*	365 / 4
=	9.0555					/	15.006	*	365 / 4
=	55.07

BuildDirect.com Technologies (TSXV:BILD) 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.

BuildDirect.com Technologies's Inventory Turnover for the three months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	15.006	/	9.0555
	=	1.66

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.

BuildDirect.com Technologies's Inventory to Revenue for the three months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	9.0555	/	24.913
	=	0.36

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.

BuildDirect.com Technologies Days Inventory Related Terms

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

BuildDirect.com Technologies (TSXV:BILD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » BuildDirect.com Technologies Inc (TSXV:BILD) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

BDCTF:USA

Address

200 Granville Street, Suite 90, Vancouver, BC, CAN, V6C 1S4

Website

https://www.builddirect.com

BuildDirect.com Technologies Inc is a marketplace for purchasing and selling building materials online. It has two operating segments, BuildDirect.com and Independent Retailers. The platform connects homeowners and home improvement professionals in North America with suppliers and sellers of quality building materials from around the world, including flooring, tile, decking, and more.

BuildDirect.com Technologies (TSXV:BILD) Headlines

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