BIGG Digital Assets (BIGG Digital Assets) Days Inventory : 2,739.59 (As of Sep. 2023)

View and export this data going back to 2017. Start your Free Trial

What is BIGG Digital Assets Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). BIGG Digital Assets's Average Total Inventories for the three months ended in Sep. 2023 was $47.20 Mil. BIGG Digital Assets's Cost of Goods Sold for the three months ended in Sep. 2023 was $1.57 Mil. Hence, BIGG Digital Assets's Days Inventory for the three months ended in Sep. 2023 was 2,739.59.

The historical rank and industry rank for BIGG Digital Assets's Days Inventory or its related term are showing as below:

BBKCF' s Days Inventory Range Over the Past 10 Years
Min: 59.86 Med: 1797.33 Max: 3270.65
Current: 3099.57

During the past 8 years, BIGG Digital Assets's highest Days Inventory was 3270.65. The lowest was 59.86. And the median was 1797.33.

BBKCF's Days Inventory is ranked worse than
94.04% of 218 companies
in the Capital Markets industry
Industry Median: 58.365 vs BBKCF: 3099.57

BIGG Digital Assets's Days Inventory declined from Jun. 2022 (3,144.92) to Sep. 2023 (2,739.59).

Inventory Turnover measures how fast the company turns over its inventory within a year. BIGG Digital Assets's Inventory Turnover for the three months ended in Sep. 2023 was 0.03.

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. BIGG Digital Assets's Inventory-to-Revenue for the three months ended in Sep. 2023 was 44.40.

BIGG Digital Assets Days Inventory Historical Data

The historical data trend for BIGG Digital Assets'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.

BIGG Digital Assets Days Inventory Chart

BIGG Digital Assets Annual Data

Trend

Sep15

Sep16

Sep17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

Get a 7-Day Free Trial

59.86

565.96

3,270.40

3,158.15

BIGG Digital Assets Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23
Days Inventory	Get a 7-Day Free Trial															3,144.92	2,175.87	2,006.22	2,126.77	2,739.59

Competitive Comparison of BIGG Digital Assets's Days Inventory

For the Capital Markets subindustry, BIGG Digital Assets'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.

BIGG Digital Assets's Days Inventory Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, BIGG Digital Assets's Days Inventory distribution charts can be found below:

* The bar in red indicates where BIGG Digital Assets's Days Inventory falls into.

BIGG Digital Assets Days Inventory Calculation

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

BIGG Digital Assets's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (72.159	+	29.144)	/	2 )	/	5.854	*	365
=	50.6515					/	5.854	*	365
=	3,158.15

BIGG Digital Assets'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
=	( (47.583	+	46.809)	/	2 )	/	1.572	*	365 / 4
=	47.196					/	1.572	*	365 / 4
=	2,739.59

BIGG Digital Assets (OTCPK:BBKCF) 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.

BIGG Digital Assets's Inventory Turnover for the three months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.572	/	47.196
	=	0.03

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.

BIGG Digital Assets's Inventory to Revenue for the three months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	47.196	/	1.063
	=	44.40

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.

BIGG Digital Assets Days Inventory Related Terms

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

BIGG Digital Assets (BIGG Digital Assets) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » BIGG Digital Assets Inc (OTCPK:BBKCF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

7111:Germany BIGG:Canada

Address

1130 West Pender Street, Suite 1220, Vancouver, BC, CAN, V6E 4A4

Website

https://www.biggdigitalassets.com

BIGG Digital Assets Inc is engaged in investing in products and companies within the cryptocurrency industry. It has two operating divisions which provide blockchain search products to large enterprises with significant data requirements in the financial and e-commerce sectors globally, and brokerage and exchange software to make the purchase and sale of cryptocurrency easily accessible to the mass consumer and investor with a focus on compliance and safety. The company operates two business segments: Blockchain Technology Development and Digital Currency Sales via the Netcoins App.