BHAT (Blue Hat Interactive Entertainment Technology) Days Inventory : 1,234.94 (As of Dec. 2024)

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What is Blue Hat Interactive Entertainment Technology Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Blue Hat Interactive Entertainment Technology's Average Total Inventories for the six months ended in Dec. 2024 was $35.05 Mil. Blue Hat Interactive Entertainment Technology's Cost of Goods Sold for the six months ended in Dec. 2024 was $5.18 Mil. Hence, Blue Hat Interactive Entertainment Technology's Days Inventory for the six months ended in Dec. 2024 was 1,234.94.

The historical rank and industry rank for Blue Hat Interactive Entertainment Technology's Days Inventory or its related term are showing as below:

BHAT' s Days Inventory Range Over the Past 10 Years
Min: 3.53 Med: 33.6 Max: 872.29
Current: 620.76

During the past 8 years, Blue Hat Interactive Entertainment Technology's highest Days Inventory was 872.29. The lowest was 3.53. And the median was 33.60.

BHAT's Days Inventory is ranked worse than
92.24% of 232 companies
in the Interactive Media industry
Industry Median: 19.98 vs BHAT: 620.76

Blue Hat Interactive Entertainment Technology's Days Inventory increased from Dec. 2023 (121.73) to Dec. 2024 (1,234.94). It might indicate that Blue Hat Interactive Entertainment Technology's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Blue Hat Interactive Entertainment Technology's Inventory Turnover for the six months ended in Dec. 2024 was 0.15.

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. Blue Hat Interactive Entertainment Technology's Inventory-to-Revenue for the six months ended in Dec. 2024 was 6.21.

Blue Hat Interactive Entertainment Technology Days Inventory Historical Data

The historical data trend for Blue Hat Interactive Entertainment Technology'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.

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Blue Hat Interactive Entertainment Technology Days Inventory Chart

Blue Hat Interactive Entertainment Technology Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Inventory

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3.53

6.31

41.53

88.29

872.29

Blue Hat Interactive Entertainment Technology Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Days Inventory	Get a 7-Day Free Trial										11.02	-	121.73	175.59	1,234.94

Competitive Comparison of Blue Hat Interactive Entertainment Technology's Days Inventory

For the Electronic Gaming & Multimedia subindustry, Blue Hat Interactive Entertainment Technology'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.

Blue Hat Interactive Entertainment Technology's Days Inventory Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Blue Hat Interactive Entertainment Technology's Days Inventory distribution charts can be found below:

* The bar in red indicates where Blue Hat Interactive Entertainment Technology's Days Inventory falls into.

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Blue Hat Interactive Entertainment Technology Days Inventory Calculation

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

Blue Hat Interactive Entertainment Technology's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

	Days Inventory (A: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (17.545	+	64.56)	/	2 )	/	17.178	*	365
=	41.0525					/	17.178	*	365
=	872.29

Blue Hat Interactive Entertainment Technology's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

	Days Inventory (Q: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (5.544	+	64.56)	/	2 )	/	5.18	*	365 / 2
=	35.052					/	5.18	*	365 / 2
=	1,234.94

Blue Hat Interactive Entertainment Technology (NAS:BHAT) 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.

Blue Hat Interactive Entertainment Technology's Inventory Turnover for the six months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	5.18	/	35.052
	=	0.15

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.

Blue Hat Interactive Entertainment Technology's Inventory to Revenue for the six months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	35.052	/	5.646
	=	6.21

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.

Blue Hat Interactive Entertainment Technology Days Inventory Related Terms

Thank you for viewing the detailed overview of Blue Hat Interactive Entertainment Technology's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Blue Hat Interactive Entertainment Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Blue Hat Interactive Entertainment Technology (NAS:BHAT) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1010 Anling Road, 7th Floor, Building C, Huli District, Xiamen, CHN, 361009

Website

http://www.bluehatgroup.com

Blue Hat Interactive Entertainment Technology is focused on commodity trading, including chemicals, jewelry, and precious metals such as gold. It operates a gold and diamond trading and supply chain business. Its business model encompasses physical gold trading, diamond trading, gold derivatives trading, and the development of AI-enabled trading platforms. Its segments include Diamond trading, Commodity trading, Information service, Interactive toys - animation series, and Interactive toys - game series. It derives revenue from Diamond trading. The majority of its revenues are generated in PRC.