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BATM Advanced Communications (BATM Advanced Communications) Days Inventory : 157.83 (As of Dec. 2023)


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What is BATM Advanced Communications Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). BATM Advanced Communications's Average Total Inventories for the six months ended in Dec. 2023 was $37.9 Mil. BATM Advanced Communications's Cost of Goods Sold for the six months ended in Dec. 2023 was $43.8 Mil. Hence, BATM Advanced Communications's Days Inventory for the six months ended in Dec. 2023 was 157.83.

The historical rank and industry rank for BATM Advanced Communications's Days Inventory or its related term are showing as below:

BVCLF' s Days Inventory Range Over the Past 10 Years
Min: 84.89   Med: 114.06   Max: 163.54
Current: 163.54

During the past 13 years, BATM Advanced Communications's highest Days Inventory was 163.54. The lowest was 84.89. And the median was 114.06.

BVCLF's Days Inventory is ranked better than
59.85% of 777 companies
in the Medical Devices & Instruments industry
Industry Median: 190.74 vs BVCLF: 163.54

BATM Advanced Communications's Days Inventory increased from Dec. 2022 (154.78) to Dec. 2023 (157.83). It might indicate that BATM Advanced Communications's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. BATM Advanced Communications's Inventory Turnover for the six months ended in Dec. 2023 was 1.16.

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. BATM Advanced Communications's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.60.


BATM Advanced Communications Days Inventory Historical Data

The historical data trend for BATM Advanced Communications'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.

BATM Advanced Communications Days Inventory Chart

BATM Advanced Communications Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 92.07 84.03 133.00 152.72 159.94

BATM Advanced Communications 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 136.61 142.91 154.78 167.61 157.83

Competitive Comparison of BATM Advanced Communications's Days Inventory

For the Medical Instruments & Supplies subindustry, BATM Advanced Communications'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.


BATM Advanced Communications's Days Inventory Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, BATM Advanced Communications's Days Inventory distribution charts can be found below:

* The bar in red indicates where BATM Advanced Communications's Days Inventory falls into.



BATM Advanced Communications Days Inventory Calculation

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

BATM Advanced Communications'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
=( (34.461 + 38.227) / 2 ) / 82.94*365
=36.344 / 82.94*365
=159.94

BATM Advanced Communications'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
=( (37.484 + 38.227) / 2 ) / 43.772*365 / 2
=37.8555 / 43.772*365 / 2
=157.83

* 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.


BATM Advanced Communications  (OTCPK:BVCLF) 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.

BATM Advanced Communications'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.

BATM Advanced Communications'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.


BATM Advanced Communications Days Inventory Related Terms

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


BATM Advanced Communications (BATM Advanced Communications) Business Description

Traded in Other Exchanges
Address
4 Ha’harash Street, P.O.B. 7318, Nave Ne'eman Industrial Area, Hod Hasharon, ISR, 4524075
BATM Advanced Communications Ltd is an Israel-based technology company. The company organizes its business operations into two divisions: Networking & Cyber Division and Biomedical Division. Networking and Cyber Division mostly includes the research and development, production, and marketing of data communication products in the field of local and wide area networks and premises management systems. Bio-Medical Division is engaged in the research and development, production, marketing, and distribution of medical products, primarily laboratory diagnostic equipment and sterilization equipment. The majority of its revenue is derived from Biomedical Division. Its geographical segments are the United States of America, Israel, and Europe.