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Big River Industries (ASX:BRI) Days Inventory : 78.36 (As of Dec. 2023)


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What is Big River Industries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Big River Industries's Average Total Inventories for the six months ended in Dec. 2023 was A$69.2 Mil. Big River Industries's Cost of Goods Sold for the six months ended in Dec. 2023 was A$161.1 Mil. Hence, Big River Industries's Days Inventory for the six months ended in Dec. 2023 was 78.36.

The historical rank and industry rank for Big River Industries's Days Inventory or its related term are showing as below:

ASX:BRI' s Days Inventory Range Over the Past 10 Years
Min: 65.02   Med: 77.43   Max: 84.59
Current: 83.42

During the past 7 years, Big River Industries's highest Days Inventory was 84.59. The lowest was 65.02. And the median was 77.43.

ASX:BRI's Days Inventory is ranked better than
55.04% of 278 companies
in the Forest Products industry
Industry Median: 88.335 vs ASX:BRI: 83.42

Big River Industries's Days Inventory declined from Dec. 2022 (83.22) to Dec. 2023 (78.36).

Inventory Turnover measures how fast the company turns over its inventory within a year. Big River Industries's Inventory Turnover for the six months ended in Dec. 2023 was 2.33.

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. Big River Industries's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.32.


Big River Industries Days Inventory Historical Data

The historical data trend for Big River Industries'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.

Big River Industries Days Inventory Chart

Big River Industries Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
Get a 7-Day Free Trial 76.87 77.61 84.59 77.43 79.65

Big River Industries Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 76.54 80.43 83.22 86.62 78.36

Competitive Comparison of Big River Industries's Days Inventory

For the Lumber & Wood Production subindustry, Big River Industries'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.


Big River Industries's Days Inventory Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Big River Industries's Days Inventory distribution charts can be found below:

* The bar in red indicates where Big River Industries's Days Inventory falls into.



Big River Industries Days Inventory Calculation

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

Big River Industries's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

Days Inventory (A: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (72.815 + 69.539) / 2 ) / 326.157*365
=71.177 / 326.157*365
=79.65

Big River Industries'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: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (69.539 + 68.778) / 2 ) / 161.072*365 / 2
=69.1585 / 161.072*365 / 2
=78.36

* 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.


Big River Industries  (ASX:BRI) 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.

Big River Industries's Inventory Turnover for the six months ended in Dec. 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.

Big River Industries's Inventory to Revenue for the six months ended in Dec. 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.


Big River Industries Days Inventory Related Terms

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


Big River Industries (ASX:BRI) Business Description

Traded in Other Exchanges
Address
Trenayr Road, Junction Hill, NSW, AUS, 2460
Big River Industries Ltd is a manufacturer, distributor, and supplier of timber, builder's hardware, building supplies, and services for the residential, commercial, industrial, building and construction industries. The company's segment includes Panels and Construction. It generates maximum revenue from the Construction segment. The Construction division is comprised of fifteen sites which sell a building, commercial and formwork products in Australia. The panel segment is comprised of three manufacturing and six distribution sites of timber panel products in Australia and New Zealand. Geographically the company derives the majority of its revenue from Australia.

Big River Industries (ASX:BRI) Headlines

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