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Bluestone Global (ASX:BUE) Days Inventory : 32.90 (As of Jun. 2013)


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What is Bluestone Global Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Bluestone Global's Average Total Inventories for the six months ended in Jun. 2013 was A$1.8 Mil. Bluestone Global's Cost of Goods Sold for the six months ended in Jun. 2013 was A$20.1 Mil. Hence, Bluestone Global's Days Inventory for the six months ended in Jun. 2013 was 16.45.

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

ASX:BUE's Days Inventory is not ranked *
in the Business Services industry.
Industry Median: 28.55
* Ranked among companies with meaningful Days Inventory only.

Bluestone Global's Days Inventory declined from Jun. 2011 (57.90) to Jun. 2013 (32.90).

Inventory Turnover measures how fast the company turns over its inventory within a year. Bluestone Global's Inventory Turnover for the six months ended in Jun. 2013 was 11.09.

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. Bluestone Global's Inventory-to-Revenue for the six months ended in Jun. 2013 was 0.01.

Bluestone Global Days Inventory Historical Data

The historical data trend for Bluestone 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.

* Premium members only.

Bluestone Global Days Inventory Chart

Bluestone Global Annual Data
Trend Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
Days Inventory
Get a 7-Day Free Trial - - 57.90 50.37 32.90

Bluestone Global Semi-Annual Data
Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
Days Inventory Get a 7-Day Free Trial - - 57.90 50.37 32.90

Competitive Comparison of Bluestone Global's Days Inventory

For the Staffing & Employment Services subindustry, Bluestone 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.

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

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

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


Bluestone Global Days Inventory Calculation

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

Bluestone Global's Days Inventory for the fiscal year that ended in Jun. 2013 is calculated as

Days Inventory (A: Jun. 2013 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2012 ) + Total Inventories (A: Jun. 2013 )) / count ) / Cost of Goods Sold (A: Jun. 2013 )*Days in Period
=( (2.321 + 1.296) / 2 ) / 20.064*365
=1.8085 / 20.064*365
=32.90

Bluestone Global's Days Inventory for the quarter that ended in Jun. 2013 is calculated as:

Days Inventory (Q: Jun. 2013 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2012 ) + Total Inventories (Q: Jun. 2013 )) / count ) / Cost of Goods Sold (Q: Jun. 2013 )*Days in Period
=( (2.321 + 1.296) / 2 ) / 20.064*365 / 2
=1.8085 / 20.064*365 / 2
=16.45

* 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.

Bluestone Global  (ASX:BUE) 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.

Bluestone Global's Inventory Turnover for the six months ended in Jun. 2013 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=20.064 / 1.8085
=11.09

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.

Bluestone Global's Inventory to Revenue for the six months ended in Jun. 2013 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=1.8085 / 280.686
=0.01

* 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.

Bluestone Global Days Inventory Related Terms

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

Bluestone Global (ASX:BUE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Bluestone Global ltd (ASX:BUE) » Definitions » Days Inventory
Comparable Companies
ASX:GO2 NSE:ACEINTEG LSE:NAK NSE:HUSYSLTD OSTO:MOXI BOM:539697 OSTO:NJOB RCRT NSE:AISL ASX:IGN XAMS:MORE JSE:PMV ASX:AD1 ASX:AMB HKSE:08042 JOB LSE:NBB OSTO:HEGR STAF XMAD:COM
Traded in Other Exchanges
N/A
Address
Website
http://www.bglcorporate.com
Bluestone Global Limited is a specialist labour hire, professional placement and international recruitment firm trading under three key brands: Bluestone Recruitment, ResCo Services and Bluestone International. The Group has core capabilities encompassing temporary, permanent and international recruitment with a focus on the skills and labour constrained industries, including energy (coal, oil & gas), resources, transport and logistics, information technology, health, aged care and financial services. The Company operates its business in three segments: labour hire segment, mining segment and international segment. The Labor Hire segment engages in the placement of temporary and permanent workers domestically and overseas. The Mining segment provides solutions to the resources sector including the delivery of skilled labour, operations of mining sites, maintenance of plant and equipment and the provision of critical spares and consumables. The International segment engages in placement of temporary and permanent workers in Australia, sourced internationally.

Bluestone Global (ASX:BUE) Headlines

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