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BAE Systems (BAE Systems) Days Inventory

: 0.00 (As of Dec. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). BAE Systems's Average Total Inventories for the six months ended in Dec. 2023 was $1,393 Mil. BAE Systems's Cost of Goods Sold for the six months ended in Dec. 2023 was $0 Mil.

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

BAESF' s Days Inventory Range Over the Past 10 Years
Min: 36.62   Med: 45.17   Max: 49.42
Current: 49.42

During the past 13 years, BAE Systems's highest Days Inventory was 49.42. The lowest was 36.62. And the median was 45.17.

BAESF's Days Inventory is ranked better than
82.64% of 288 companies
in the Aerospace & Defense industry
Industry Median: 138.905 vs BAESF: 49.42

BAE Systems'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. BAE Systems's Inventory Turnover for the six months ended in Dec. 2023 was 0.00.

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. BAE Systems's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.09.


BAE Systems Days Inventory Historical Data

The historical data trend for BAE Systems'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.

BAE Systems Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 44.93 45.03 44.00 47.89 48.57

BAE Systems 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 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 Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison

For the Aerospace & Defense subindustry, BAE Systems'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.


BAE Systems Days Inventory Distribution

For the Aerospace & Defense industry and Industrials sector, BAE Systems's Days Inventory distribution charts can be found below:

* The bar in red indicates where BAE Systems's Days Inventory falls into.



BAE Systems Days Inventory Calculation

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

BAE Systems'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
=( (1188.794 + 1463.291) / 2 ) / 9965.823*365
=1326.0425 / 9965.823*365
=48.57

BAE Systems'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
=( (1321.97 + 1463.291) / 2 ) / 0*365 / 2
=1392.6305 / 0*365 / 2
=N/A

* 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.


BAE Systems  (OTCPK:BAESF) 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.

BAE Systems'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.

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

Inventory-to-Revenue=Average Total Inventories / Revenue
=1392.6305 / 15292.405
=0.09

* 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.


BAE Systems Days Inventory Related Terms

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


BAE Systems (BAE Systems) Business Description

Address
6 Carlton Gardens, Stirling Square, London, GBR, SW1Y 5AD
BAE Systems is a British global defense, security, and aerospace company and the largest defense contractor in Europe; it is one of six prime contractors to the U.S. Department of Defense. For reporting purposes, the company has five operating segments: electronics systems is the group's U.S.- and U.K.-based electronic warfare systems; the cyber, security, and intelligence segment supplies intelligence and security solutions to the U.S. government; platforms and services manufactures combat vehicles and munitions and performs ship repair services to the U.S. Defense Department; the air segment includes BAE's share of U.S. and European air programs as well as its businesses in Saudi Arabia and Australia; and the maritime segment comprises U.K. land- and marine-based activities.