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BETA Systems Software AG (FRA:BSS) Days Inventory : 0.02 (As of Sep. 2023)


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What is BETA Systems Software AG Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). BETA Systems Software AG's Average Total Inventories for the six months ended in Sep. 2023 was €0.00 Mil. BETA Systems Software AG's Cost of Goods Sold for the six months ended in Sep. 2023 was €15.09 Mil. Hence, BETA Systems Software AG's Days Inventory for the six months ended in Sep. 2023 was 0.02.

The historical rank and industry rank for BETA Systems Software AG's Days Inventory or its related term are showing as below:

FRA:BSS' s Days Inventory Range Over the Past 10 Years
Min: 0.02   Med: 0.03   Max: 0.55
Current: 0.02

During the past 13 years, BETA Systems Software AG's highest Days Inventory was 0.55. The lowest was 0.02. And the median was 0.03.

FRA:BSS's Days Inventory is ranked better than
99.74% of 1563 companies
in the Software industry
Industry Median: 19.71 vs FRA:BSS: 0.02

BETA Systems Software AG's Days Inventory declined from Sep. 2022 (0.03) to Sep. 2023 (0.02).

Inventory Turnover measures how fast the company turns over its inventory within a year. BETA Systems Software AG's Inventory Turnover for the six months ended in Sep. 2023 was 7,547.00.

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. BETA Systems Software AG's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.00.


BETA Systems Software AG Days Inventory Historical Data

The historical data trend for BETA Systems Software AG'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.

BETA Systems Software AG Days Inventory Chart

BETA Systems Software AG Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.55 0.22 0.03 0.02 0.02

BETA Systems Software AG Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.03 0.01 0.03 0.01 0.02

Competitive Comparison of BETA Systems Software AG's Days Inventory

For the Software - Application subindustry, BETA Systems Software AG'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.


BETA Systems Software AG's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, BETA Systems Software AG's Days Inventory distribution charts can be found below:

* The bar in red indicates where BETA Systems Software AG's Days Inventory falls into.



BETA Systems Software AG Days Inventory Calculation

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

BETA Systems Software AG's Days Inventory for the fiscal year that ended in Sep. 2023 is calculated as

Days Inventory (A: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Sep. 2022 ) + Total Inventories (A: Sep. 2023 )) / count ) / Cost of Goods Sold (A: Sep. 2023 )*Days in Period
=( (0.002 + 0) / 1 ) / 44.004*365
=0.002 / 44.004*365
=0.02

BETA Systems Software AG'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
=( (0.002 + 0) / 1 ) / 15.094*365 / 2
=0.002 / 15.094*365 / 2
=0.02

* 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.


BETA Systems Software AG  (FRA:BSS) 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.

BETA Systems Software AG's Inventory Turnover for the six months ended in Sep. 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.

BETA Systems Software AG's Inventory to Revenue for the six months ended in Sep. 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.


BETA Systems Software AG Days Inventory Related Terms

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


BETA Systems Software AG (FRA:BSS) Business Description

Traded in Other Exchanges
Address
Beta Systems Software AG, Alt-moabit 90d, Berlin, DEU, 10559
BETA Systems Software AG develops software products and solutions. It offers large corporations, mid-sized companies and organizations high-end infrastructure software and solutions which spans sectors.
Executives
Dr. Andreas Huth Board of Directors
Wilhelm K. T. Zours Supervisory Board
Wilhelm K.t. Zours Supervisory Board
Carl Ernst Veit Paas Supervisory Board

BETA Systems Software AG (FRA:BSS) Headlines

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