Bird Global (Bird Global) Days Inventory : 4.32 (As of Sep. 2023)

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What is Bird Global Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Bird Global's Average Total Inventories for the three months ended in Sep. 2023 was $1.7 Mil. Bird Global's Cost of Goods Sold for the three months ended in Sep. 2023 was $35.1 Mil. Hence, Bird Global's Days Inventory for the three months ended in Sep. 2023 was 4.32.

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

BRDSQ' s Days Inventory Range Over the Past 10 Years
Min: 4.75 Med: 25.88 Max: 36.42
Current: 4.75

During the past 4 years, Bird Global's highest Days Inventory was 36.42. The lowest was 4.75. And the median was 25.88.

BRDSQ's Days Inventory is ranked better than
77.57% of 682 companies
in the Business Services industry
Industry Median: 30.305 vs BRDSQ: 4.75

Bird Global's Days Inventory declined from Sep. 2022 (7.72) to Sep. 2023 (4.32).

Inventory Turnover measures how fast the company turns over its inventory within a year. Bird Global's Inventory Turnover for the three months ended in Sep. 2023 was 21.15.

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. Bird Global's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.03.

Bird Global Days Inventory Historical Data

The historical data trend for Bird Global'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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Bird Global Days Inventory Chart

Bird Global Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Days Inventory

16.54

36.42

25.88

Bird Global Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Inventory	Get a 7-Day Free Trial									7.72	4.20	5.40	4.47	4.32

Competitive Comparison of Bird Global's Days Inventory

For the Rental & Leasing Services subindustry, Bird Global'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.

Bird Global's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Bird Global's Days Inventory distribution charts can be found below:

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

Bird Global Days Inventory Calculation

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

Bird Global'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
=	( (28.242	+	1.535)	/	2 )	/	209.955	*	365
=	14.8885					/	209.955	*	365
=	25.88

Bird Global'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
=	( (1.477	+	1.842)	/	2 )	/	35.091	*	365 / 4
=	1.6595					/	35.091	*	365 / 4
=	4.32

Bird Global (OTCPK:BRDSQ) 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.

Bird Global's Inventory Turnover for the three months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	35.091	/	1.6595
	=	21.15

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.

Bird Global's Inventory to Revenue for the three months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.6595	/	54.33
	=	0.03

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.

Bird Global Days Inventory Related Terms

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

Bird Global (Bird Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Bird Global Inc (OTCPK:BRDSQ) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

392 North East 191st Street, No. 20388, Miami, FL, USA, 33179

Website

https://www.bird.co

Bird Global Inc is a micro-mobility company engaged in delivering electric transportation solutions for short distances. It partners with cities to bring lightweight, electric vehicles to residents and visitors to replace car trips by providing an alternative sustainable transportation option. The company operates in North America, Europe, Middle East and Africa and Other countries.

Executives

John Ivan Bitove	director	C/O BIRD GLOBAL, INC., 392 NE 191ST STREET, #20388, MIAMI FL 33179
Hoselito Joseph Prodan	officer: Chief Financial Officer	C/O BIRD GLOBAL, INC., 392 NE 191ST STREET, #20388, MIAMI FL 33179
Michael Washinushi	officer: Chief Financial Officer	C/O BIRD GLOBAL, INC., 392 NE 191ST STREET, #20388, MIAMI FL 33179
Stewart Lyons	officer: Chief Executive Officer	C/O BIRD GLOBAL, INC., 392 NE 191ST STREET, #20388, MIAMI FL 33179
Travis Vanderzanden	director, 10 percent owner, officer: Chief Executive Officer	C/O BIRD GLOBAL, INC., 392 NE 191ST STREET, #20388, MIAMI FL 33179
Shane Torchiana	officer: Chief Operating Officer	1425 BRICKELL AVE, UNIT 58E, MIAMI FL 33131
Jeffrey Vance	officer: Corporate Controller	IMAX CORPORATION, 2525 SPEAKMAN DRIVE, MISSISSAUGA A6 L5K 1B1
Philip Keebler Ryan	director	C/O BIRD GLOBAL, INC., 392 NE 191ST STREET #20388, MIAMI FL 33179
Philip Evershed	director	C/O BIRD GLOBAL, INC., 392 N 191ST STREET #20388 FL 33179
Antonio Occhionero	director	C/O BIRD GLOBAL, INC., 406 BROADWAY, SUITE 369, SANTA MONICA CA 90401
Kevin Talbot	director	C/O BIRD GLOBAL, INC., 406 BROADWAY, SUITE 369, SANTA MONICA CA 90401
Lance Bradley	officer: Chief Technology Officer	C/O BIRD GLOBAL, INC., 392 NE 191ST STREET, #20388, MIAMI FL 33179
Ben Lu	officer: Chief Financial Officer	C/O BIRD RIDES, INC., 392 NE 191ST STREET, #20388, MIAMI FL 33179
Gregory Alan Wright	officer: Controller	C/O BIRD GLOBAL, INC., 392 NE 191ST STREET, #20388, MIAMI FL 33179
Yibo Ling	officer: Chief Financial Officer	C/O BIRD GLOBAL, INC., 392 NE 191ST STREET, #20388, MIAMI FL 33179