GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » BlueScope Steel Ltd (OTCPK:BLSFY) » Definitions » Days Inventory

BlueScope Steel (BlueScope Steel) Days Inventory : 108.91 (As of Dec. 2023)


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

What is BlueScope Steel Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). BlueScope Steel's Average Total Inventories for the six months ended in Dec. 2023 was $2,090 Mil. BlueScope Steel's Cost of Goods Sold for the six months ended in Dec. 2023 was $3,502 Mil. Hence, BlueScope Steel's Days Inventory for the six months ended in Dec. 2023 was 108.91.

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

BLSFY' s Days Inventory Range Over the Past 10 Years
Min: 93.23   Med: 104.63   Max: 114.9
Current: 106.65

During the past 13 years, BlueScope Steel's highest Days Inventory was 114.90. The lowest was 93.23. And the median was 104.63.

BLSFY's Days Inventory is ranked worse than
63.24% of 574 companies
in the Steel industry
Industry Median: 85.62 vs BLSFY: 106.65

BlueScope Steel's Days Inventory increased from Dec. 2022 (106.87) to Dec. 2023 (108.91). It might indicate that BlueScope Steel's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. BlueScope Steel's Inventory Turnover for the six months ended in Dec. 2023 was 1.68.

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. BlueScope Steel's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.37.


BlueScope Steel Days Inventory Historical Data

The historical data trend for BlueScope Steel'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.

BlueScope Steel Days Inventory Chart

BlueScope Steel Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 100.91 105.04 99.93 105.84 111.98

BlueScope Steel Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 104.61 113.04 106.87 106.08 108.91

Competitive Comparison of BlueScope Steel's Days Inventory

For the Steel subindustry, BlueScope Steel'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.


BlueScope Steel's Days Inventory Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, BlueScope Steel's Days Inventory distribution charts can be found below:

* The bar in red indicates where BlueScope Steel's Days Inventory falls into.



BlueScope Steel Days Inventory Calculation

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

BlueScope Steel'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
=( (2599.438 + 2157.315) / 2 ) / 7752.416*365
=2378.3765 / 7752.416*365
=111.98

BlueScope Steel'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
=( (2157.315 + 2022.289) / 2 ) / 3501.807*365 / 2
=2089.802 / 3501.807*365 / 2
=108.91

* 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.


BlueScope Steel  (OTCPK:BLSFY) 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.

BlueScope Steel'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.

BlueScope Steel'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.


BlueScope Steel Days Inventory Related Terms

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


BlueScope Steel (BlueScope Steel) Business Description

Traded in Other Exchanges
Address
181 William Street, Level 24, Melbourne, VIC, AUS, 3000
BlueScope is an Australian-based steelmaking firm with five business units. The Australian Steel Products segment mainly specializes in branded coated and painted flat steel products, sold domestically. North Star is the group's U.S. mini-mill specializing in the production of hot rolled coil for U.S. construction and automotive sectors. Building Products Asia and North America operate across Southeast Asia, China, India, and the U.S. West Coast involved in metal-coating, painting, and roll-forming. New Zealand Steel and the Pacific Islands business produces flat and long steel products for New Zealand and building components for the Pacific Islands. The Buildings North America segment specializes in non-residential buildings, including materials manufacturing and support services.

BlueScope Steel (BlueScope Steel) Headlines

From GuruFocus

Sandon Capital's Presentation On Bluescope Steel Limited

By Canadian Value Canadian Value 06-16-2015

BlueScope Steel Will Have To Fare Through Tough Roads Ahead

By reports.droy reports.droy 02-23-2015