Blue Sphere (Blue Sphere) Days Inventory : 93.46 (As of Dec. 2018)

View and export this data going back to 2008. Start your Free Trial

What is Blue Sphere Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Blue Sphere's Average Total Inventories for the three months ended in Dec. 2018 was $2.33 Mil. Blue Sphere's Cost of Goods Sold for the three months ended in Dec. 2018 was $2.28 Mil. Hence, Blue Sphere's Days Inventory for the three months ended in Dec. 2018 was 93.46.

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

BLSP's Days Inventory is not ranked ^*
in the Utilities - Independent Power Producers industry.
Industry Median: 30.41
* Ranked among companies with meaningful Days Inventory only.

Blue Sphere's Days Inventory declined from Dec. 2017 (135.46) to Dec. 2018 (93.46).

Inventory Turnover measures how fast the company turns over its inventory within a year. Blue Sphere's Inventory Turnover for the three months ended in Dec. 2018 was 0.98.

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. Blue Sphere's Inventory-to-Revenue for the three months ended in Dec. 2018 was 0.83.

Blue Sphere Days Inventory Historical Data

The historical data trend for Blue Sphere'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.

Blue Sphere Days Inventory Chart

Blue Sphere Annual Data

Trend

Sep09

Sep10

Sep11

Sep12

Sep13

Sep14

Sep15

Dec16

Dec17

Dec18

Days Inventory

Get a 7-Day Free Trial

326.29

82.05

Blue Sphere Quarterly Data
	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18
Days Inventory	Get a 7-Day Free Trial															135.46	67.42	45.35	63.62	93.46

Competitive Comparison of Blue Sphere's Days Inventory

For the Utilities - Renewable subindustry, Blue Sphere'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.

Blue Sphere's Days Inventory Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Blue Sphere's Days Inventory distribution charts can be found below:

* The bar in red indicates where Blue Sphere's Days Inventory falls into.

Blue Sphere Days Inventory Calculation

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

Blue Sphere's Days Inventory for the fiscal year that ended in Dec. 2018 is calculated as

	Days Inventory (A: Dec. 2018 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2017 )	+	Total Inventories (A: Dec. 2018 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2018 )	*	Days in Period
=	( (1.989	+	2.093)	/	2 )	/	9.079	*	365
=	2.041					/	9.079	*	365
=	82.05

Blue Sphere's Days Inventory for the quarter that ended in Dec. 2018 is calculated as:

	Days Inventory (Q: Dec. 2018 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2018 )	+	Total Inventories (Q: Dec. 2018 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2018 )	*	Days in Period
=	( (2.569	+	2.093)	/	2 )	/	2.276	*	365 / 4
=	2.331					/	2.276	*	365 / 4
=	93.46

Blue Sphere (GREY:BLSP) 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.

Blue Sphere's Inventory Turnover for the three months ended in Dec. 2018 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2.276	/	2.331
	=	0.98

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.

Blue Sphere's Inventory to Revenue for the three months ended in Dec. 2018 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2.331	/	2.812
	=	0.83

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.

Blue Sphere Days Inventory Related Terms

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

Blue Sphere (Blue Sphere) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Blue Sphere Corp (GREY:BLSP) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

301 McCullough Drive, 4th Floor, Charlotte, NC, USA, 28262

Website

http://www.bluespherecorporate.com

Blue Sphere Corp is an international clean-tech independent power producer that develops, owns and manages waste-to-energy facilities. It focuses on developing or acquiring projects with clean energy technologies, including waste-to-energy facilities that generate clean energy, such as electricity, natural gas, heat, soil amendment and other by-products. Geographically operates the project in the region of United States, Italy, and Israel.

Executives

Yosef Keret	officer: Chief Financial Officer	4 YEHOSHUA BEN NOON ST., HOD HASHARON L3 4523602
Ran Daniel	officer: Chief Financial Officer	101 WEST 90TH STREET, NEW YORK NY 10024
Lyron L Bentovim	other: Former Director	60 CUTTER MILL ROAD, GREAT NECK, NEW YORK NY 11021
Lazarus Israel Opportunities Fund Lllp	10 percent owner	C/O IBEX GP LLC, 260 NORTH JOSEPHINE STREET, SUITE 300, DENVER CO 80206
Lazarus Investment Partners Lllp	10 percent owner	C/O IBEX INVESTORS LLC, 260 NORTH JOSEPHINE STREET, SUITE 300, DENVER CO 80206
Justin B Borus	10 percent owner	260 N. JOSEPHINE STREET, SUITE 300, DENVER CO 80206
Lazarus Management Co Llc	10 percent owner	260 N. JOSEPHINE STREET, SUITE 300, DENVER CO 80206
Dr Borenstein Ltd	10 percent owner	18 REINES ST, TEL AVIV L3 00000
Alex Weber	officer: Chief Financial Officer	POB - 961, NARKIS 2, KOHAV YAIR L3 44864