Days Inventory is also known as Days Sales of Inventory (DSI). BILL Holdings's Average Total Inventories for the
three
months ended in Dec. 2023 was $0 Mil. BILL Holdings's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $58 Mil.
Hence, BILL Holdings's Days Inventory for the
three
months ended in Dec. 2023 was 0.00.
The historical rank and industry rank for BILL Holdings's Days Inventory or its related term are showing as below:
BILL's Days Inventory is not ranked *
in the Software industry.
Industry Median: 19.625 * Ranked among companies with meaningful Days Inventory only.
BILL Holdings's Days Inventory
stayed the same
from Dec. 2022 (0.00) to Dec. 2023 (0.00).
Inventory Turnover measures how fast the company turns over its inventory within a year.
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.
BILL Holdings's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.00.
BILL Holdings Days Inventory Historical Data
The historical data trend for BILL Holdings'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.
Competitive Comparison of BILL Holdings's Days Inventory
For the Software - Application subindustry, BILL Holdings'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.
BILL Holdings's Days Inventory Distribution in the Software Industry
For the Software industry and Technology sector, BILL Holdings's Days Inventory distribution charts can be found below:
* The bar in red indicates where BILL Holdings's Days Inventory falls into.
BILL Holdings Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
BILL Holdings's Days Inventory for the fiscal year that ended in Jun. 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.
BILL Holdings (NYSE:BILL) 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.
BILL Holdings's Inventory Turnover for the
three
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.
BILL Holdings's Inventory to Revenue for the
three
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.
BILL Holdings Days Inventory Related Terms
Thank you for viewing the detailed overview of BILL Holdings's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
BILL Holdings (BILL Holdings) Business Description
BILL Holdings Inc is a provider of software-as-a-service, cloud-based payments and spend and expense management products, which allow users to automate accounts payable and accounts receivable transactions, enable businesses to easily connect with their suppliers or customers to do business, eliminate expense reports, manage cash flows and improve back office efficiency. Initial Public Offering and Follow-on Offering.
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