Bitdeer Technologies Group (Bitdeer Technologies Group) Days Inventory : 0.00 (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Bitdeer Technologies Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Bitdeer Technologies Group's Average Total Inventories for the three months ended in Mar. 2024 was $0.0 Mil. Bitdeer Technologies Group's Cost of Goods Sold for the three months ended in Mar. 2024 was $85.4 Mil. Hence, Bitdeer Technologies Group's Days Inventory for the three months ended in Mar. 2024 was 0.00.

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

BTDR's Days Inventory is not ranked ^*
in the Software industry.
Industry Median: 19.37
* Ranked among companies with meaningful Days Inventory only.

Bitdeer Technologies Group's Days Inventory stayed the same from Mar. 2023 (0.00) to Mar. 2024 (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. Bitdeer Technologies Group's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.00.

Bitdeer Technologies Group Days Inventory Historical Data

The historical data trend for Bitdeer Technologies 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.

* Premium members only.

Bitdeer Technologies Group Days Inventory Chart

Bitdeer Technologies Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Bitdeer Technologies Group Quarterly Data
	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial								-	-	-	-	-

Competitive Comparison of Bitdeer Technologies Group's Days Inventory

For the Software - Application subindustry, Bitdeer Technologies 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.

Bitdeer Technologies Group's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Bitdeer Technologies Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Bitdeer Technologies Group's Days Inventory falls into.

Bitdeer Technologies Group Days Inventory Calculation

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

Bitdeer Technologies Group'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 )	/	290.745	*	365
=	0					/	290.745	*	365
=	0.00

Bitdeer Technologies Group's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	85.375	*	365 / 4
=	0					/	85.375	*	365 / 4
=	0.00

Bitdeer Technologies Group (NAS:BTDR) 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.

Bitdeer Technologies Group's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	85.375	/	0
	=

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.

Bitdeer Technologies Group's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	119.506
	=	0.00

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.

Bitdeer Technologies Group Days Inventory Related Terms

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

Bitdeer Technologies Group (Bitdeer Technologies Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Bitdeer Technologies Group (NAS:BTDR) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

08 Kallang Avenue, Aperia tower 1, No. 09-03/04, Singapore, SGP, 339509

Website

https://www.bitdeer.com

Bitdeer Technologies Group is principally engaged in provision of digital asset mining services. Its major business segments are: proprietary mining, cloud hash rate sharing and cloud hosting. The company operates five proprietary mining datacenters in the United States and Norway.