BTC Digital (BTC Digital) Days Inventory : 0.00 (As of Dec. 2023)

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What is BTC Digital Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). BTC Digital's Average Total Inventories for the six months ended in Dec. 2023 was $0.00 Mil. BTC Digital's Cost of Goods Sold for the six months ended in Dec. 2023 was $2.81 Mil. Hence, BTC Digital's Days Inventory for the six months ended in Dec. 2023 was 0.00.

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

BTCT's Days Inventory is not ranked ^*
in the Education industry.
Industry Median: 8.645
* Ranked among companies with meaningful Days Inventory only.

BTC Digital'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. BTC Digital's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.00.

BTC Digital Days Inventory Historical Data

The historical data trend for BTC Digital'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.

BTC Digital Days Inventory Chart

BTC Digital Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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BTC Digital Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial							-	-	-	-	-

Competitive Comparison of BTC Digital's Days Inventory

For the Education & Training Services subindustry, BTC Digital'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.

BTC Digital's Days Inventory Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, BTC Digital's Days Inventory distribution charts can be found below:

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

BTC Digital Days Inventory Calculation

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

BTC Digital's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	10.208	*	365
=	0					/	10.208	*	365
=	0.00

BTC Digital'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
=	( (0	+	0)	/	1 )	/	2.814	*	365 / 2
=	0					/	2.814	*	365 / 2
=	0.00

BTC Digital (NAS:BTCT) 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.

BTC Digital's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2.814	/	0
	=

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.

BTC Digital's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	1.789
	=	0.00

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.

BTC Digital Days Inventory Related Terms

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

BTC Digital (BTC Digital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » BTC Digital Ltd (NAS:BTCT) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

2nd Shenyun West Road, 3rd Floor, Tower A, Tagen Knowledge & Innovation Center, Nanshan District, Guangdong Province, Shenzhen, CHN, 518000

Website

https://www.meten.com

BTC Digital Ltd Formerly Meten Holding Group Ltd provides English language and future skills training to Chinese students and professionals through a digital platform and network of learning centers. It offers adult and junior ELT services under the Meten brand name, junior ELT services under the ABC brand name, and online ELT services under the Likeshuo brand name. Its operating segments are General adult English training, Overseas training services, Online English training, and Junior English training. Geographically, the company operates in the People's Republic of China.