GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Barratt Developments PLC (LSE:BDEV) » Definitions » Days Inventory

Barratt Developments (LSE:BDEV) Days Inventory : 590.12 (As of Dec. 2023)


View and export this data going back to 1968. Start your Free Trial

What is Barratt Developments Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Barratt Developments's Average Total Inventories for the six months ended in Dec. 2023 was £5,213 Mil. Barratt Developments's Cost of Goods Sold for the six months ended in Dec. 2023 was £1,612 Mil. Hence, Barratt Developments's Days Inventory for the six months ended in Dec. 2023 was 590.12.

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

LSE:BDEV' s Days Inventory Range Over the Past 10 Years
Min: 415.18   Med: 456.02   Max: 641.03
Current: 504.44

During the past 13 years, Barratt Developments's highest Days Inventory was 641.03. The lowest was 415.18. And the median was 456.02.

LSE:BDEV's Days Inventory is ranked worse than
69.39% of 98 companies
in the Homebuilding & Construction industry
Industry Median: 321.91 vs LSE:BDEV: 504.44

Barratt Developments's Days Inventory increased from Dec. 2022 (450.88) to Dec. 2023 (590.12). It might indicate that Barratt Developments's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Barratt Developments's Inventory Turnover for the six months ended in Dec. 2023 was 0.31.

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. Barratt Developments's Inventory-to-Revenue for the six months ended in Dec. 2023 was 2.82.


Barratt Developments Days Inventory Historical Data

The historical data trend for Barratt Developments'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.

Barratt Developments Days Inventory Chart

Barratt Developments 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 463.38 641.03 464.37 415.18 442.11

Barratt Developments 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 513.91 349.74 450.88 440.57 590.12

Competitive Comparison of Barratt Developments's Days Inventory

For the Residential Construction subindustry, Barratt Developments'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.


Barratt Developments's Days Inventory Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Barratt Developments's Days Inventory distribution charts can be found below:

* The bar in red indicates where Barratt Developments's Days Inventory falls into.



Barratt Developments Days Inventory Calculation

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

Barratt Developments'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
=( (5291.6 + 5238) / 2 ) / 4346.5*365
=5264.8 / 4346.5*365
=442.11

Barratt Developments'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
=( (5238 + 5188.9) / 2 ) / 1612.3*365 / 2
=5213.45 / 1612.3*365 / 2
=590.12

* 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.


Barratt Developments  (LSE:BDEV) 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.

Barratt Developments'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.

Barratt Developments'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.


Barratt Developments Days Inventory Related Terms

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


Barratt Developments (LSE:BDEV) Business Description

Traded in Other Exchanges
Address
1st Floor, Kent House, 14 - 17 Market Place, London, GBR, W1W 8AJ
Barratt Developments is the U.K.'s largest residential property developer by revenue and dwelling completions, marketing homes under its three brands Barratt Homes, David Wilson Homes, and Barratt London. Aligning with the typical business model employed by U.K. homebuilders, Barratt is vertically integrated through the land development, construction, and sales and marketing segments of the residential property development value chain.

Barratt Developments (LSE:BDEV) Headlines

No Headlines