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Days Inventory is also known as Days Sales of Inventory (DSI). BK Technologies's Average Total Inventories for the three months ended in Dec. 2023 was $22.76 Mil. BK Technologies's Cost of Goods Sold for the three months ended in Dec. 2023 was $10.58 Mil. Hence, BK Technologies's Days Inventory for the three months ended in Dec. 2023 was 196.40.
The historical rank and industry rank for BK Technologies's Days Inventory or its related term are showing as below:
During the past 13 years, BK Technologies's highest Days Inventory was 297.13. The lowest was 159.59. And the median was 173.00.
BK Technologies's Days Inventory increased from Dec. 2022 (138.71) to Dec. 2023 (196.40). It might indicate that BK Technologies's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year. BK Technologies's Inventory Turnover for the three months ended in Dec. 2023 was 0.46.
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. BK Technologies's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.40.
The historical data trend for BK 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.
BK Technologies Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Days Inventory | Get a 7-Day Free Trial | 186.46 | 168.16 | 172.59 | 173.51 | 162.08 |
BK Technologies 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 | 138.71 | 148.28 | 151.31 | 148.55 | 196.40 |
For the Communication Equipment subindustry, BK 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.
For the Hardware industry and Technology sector, BK Technologies's Days Inventory distribution charts can be found below:
* The bar in red indicates where BK Technologies's Days Inventory falls into.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
BK Technologies'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 |
= | ( (22.105 | + | 23.952) | / | 2 ) | / | 51.858 | * | 365 |
= | 23.0285 | / | 51.858 | * | 365 | ||||
= | 162.08 |
BK Technologies'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 |
= | ( (21.573 | + | 23.952) | / | 2 ) | / | 10.576 | * | 365 / 4 |
= | 22.7625 | / | 10.576 | * | 365 / 4 | ||||
= | 196.40 |
* 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.
BK Technologies (AMEX:BKTI) 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.
BK Technologies's Inventory Turnover for the three months ended in Dec. 2023 is calculated as
Inventory Turnover | = | Cost of Goods Sold | / | Average Total Inventories |
= | 10.576 | / | 22.7625 | |
= | 0.46 |
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.
BK Technologies's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as
Inventory-to-Revenue | = | Average Total Inventories | / | Revenue |
= | 22.7625 | / | 16.308 | |
= | 1.40 |
* 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.
Thank you for viewing the detailed overview of BK Technologies's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Scott A. Malmanger | officer: CFO and Secretary | 13506 SUMMERPORT PKWY #160, WINDERMERE FL 34786 |
E. Gray Payne | director | C/O RELM WIRELESS CORPORATION, 7100 TECHNOLOGY DRIVE, WEST MELBOURNE FL 32904 |
John M Suzuki | director, officer: CEO | 7100 TECHNOLOGY DRIVE, WEST MELBOURNE FL 32904 |
Fundamental Global Gp, Llc | 10 percent owner | 108 GATEWAY BLVD., SUITE 204, MOORESVILLE NC 28117 |
Robert Joseph Jackson | director | 743 JETTON STREET, DAVIDSON NC 28036 |
Bk Technologies Holdings, Llc | 10 percent owner | 108 GATEWAY BLVD., SUITE 204, MOORESVILLE NC 28117 |
Lloyd Roberts Sams | director | 10849 FLOWERSTONE STREET, OAKTON VA 22124 |
Michael C Mitchell | director | C/O BALLANTYNE STRONG, INC., 4201 CONGRESS STREET, SUITE 175, CHARLOTTE NC 28209 |
Fundamental Global Investors, Llc | 10 percent owner | 136 CORPORATE PARK DRIVE, SUITE G, MOORESVILLE NC 28117 |
Joseph H Moglia | 10 percent owner | AMERITRADE HOLDING CORP, 4211 S 102ND ST, OMAHA NE 68127 |
Lewis M Johnson | 10 percent owner | C/O FUNDAMENTAL GLOBAL INVESTORS, LLC, 108 GATEWAY BLVD., SUITE 204, MOORESVILLE NC 28117 |
Kyle Cerminara | director, 10 percent owner | C/O FUNDAMENTAL GLOBAL INVESTORS, LLC, 108 GATEWAY BLVD., SUITE 204, MOORESVILLE NC 28117 |
Branko Avanic | officer: Chief Technology Officer | C/O BK TECHNOLOGIES CORPORATION, 7100 TECHNOLOGY DRIVE, WEST MELBOURNE FL 32904 |
Randy Willis | officer: Chief Operating Officer | C/O RELM WIRELESS CORPORATION, 7100 TECHNOLOGY DRIVE, WEST MELBOURNE FL 32904 |
James R. Holthaus | officer: Chief Technology Officer | C/O RELM WIRELESS CORPORATION, 7100 TECHNOLOGY DRIVE, WEST MELBOURNE FL 32904 |
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