GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Basanite Inc (OTCPK:BASA) » Definitions » Days Inventory

Basanite (Basanite) Days Inventory : 0.00 (As of Dec. 2023)


View and export this data going back to 2010. Start your Free Trial

What is Basanite Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Basanite's Average Total Inventories for the three months ended in Dec. 2023 was $0.00 Mil. Basanite's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.08 Mil. Hence, Basanite's Days Inventory for the three months ended in Dec. 2023 was 0.00.

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

BASA' s Days Inventory Range Over the Past 10 Years
Min: 107.65   Med: 375.43   Max: 27648.75
Current: 417.98

During the past 13 years, Basanite's highest Days Inventory was 27648.75. The lowest was 107.65. And the median was 375.43.

BASA's Days Inventory is ranked worse than
93.77% of 369 companies
in the Building Materials industry
Industry Median: 83.41 vs BASA: 417.98

Basanite's Days Inventory declined from Dec. 2022 (58.76) to Dec. 2023 (0.00).

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. Basanite's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.


Basanite Days Inventory Historical Data

The historical data trend for Basanite'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.

* Premium members only.

Basanite Days Inventory Chart

Basanite Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 375.43 27,648.75 107.65 128.81 -

Basanite Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 58.76 - - - -

Competitive Comparison of Basanite's Days Inventory

For the Building Materials subindustry, Basanite'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.


Basanite's Days Inventory Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Basanite's Days Inventory distribution charts can be found below:

* The bar in red indicates where Basanite's Days Inventory falls into.



Basanite Days Inventory Calculation

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

Basanite's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 0.248*365
=0 / 0.248*365
=0.00

Basanite'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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 0.081*365 / 4
=0 / 0.081*365 / 4
=0.00

* 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.


Basanite  (OTCPK:BASA) 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.

Basanite'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.

Basanite'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.


Basanite Days Inventory Related Terms

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


Basanite (Basanite) Business Description

Traded in Other Exchanges
N/A
Address
2041 NW 15th Avenue, Pompano Beach, FL, USA, 33069
Basanite Inc is engaged in manufacturing basalt fiber reinforced polymer products (BRP). It produces basalt fiber reinforced polymer products that are used as replacements for steel products, which reinforce concrete, such as rebar. The company's product includes BasaFlex; BasaMix and BasaMesh.
Executives
Thomas Richmond officer: CEO 2660 NW 15 CT, UNIT 108, POMPANO BEACH FL 33069
Lisa H Gainsborg officer: CFO, Treasurer and Secretary BASANITE, INC., 2041 NW 15TH AVENUE, POMPANO BEACH FL 33069
Sergio Salani director BASANITE, INC., 2041 NW 15TH AVENUE, POMPANO BEACH FL 33069
Manuel Antonio Rodriguez director 7250 SW HARBOR COVE DR., STUART FL 34997
Tingberg Frederick Henry Jr director 2005 SW AMARILLO LANE, PALM CITY FL 34990
Michael Vito Barbera director 1423 SW 13TH DRIVE, BOCA RATON FL 33486
Loricco Ronald Joseph Sr. director, 10 percent owner 28 DALES DR., WOODBRIDGE CT 06525
Adam Scott Falkoff director 1390 CHAIN BRIDGE ROAD #630, MCLEAN VA 22101
Simon Richard Kay officer: Interim Pres. & CEO 8001 NW 66TH TERRACE, PARKLAND FL 33067
Isabella Barbera officer: Chief Financial Officer 13396 60TH STREET NORTH, WEST PALM BEACH FL 33411
Richard Michael Krolewski director, officer: Chief Executive Officer 1018 ROANOKE DRIVE, WESTFIELD IN 46074
Gregory Guy Nadeau director 1 CARRIER PLACE, LEWISTON ME 04240
Kelly James Patterson director 11200 NE 182ND ST., BATTLE GROUND WA 98604
Gregory David Cline director 169 WHITE OAK ROAD, FREDERICKSBURG VA 22405
Paul M. Sallarulo director 2521 NE 48TH STREET, LIGHTHOUSE PT. FL 33064