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Balfour Beatty (Balfour Beatty) Days Inventory : 6.07 (As of Dec. 2023)


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What is Balfour Beatty Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Balfour Beatty's Average Total Inventories for the six months ended in Dec. 2023 was $167 Mil. Balfour Beatty's Cost of Goods Sold for the six months ended in Dec. 2023 was $5,015 Mil. Hence, Balfour Beatty's Days Inventory for the six months ended in Dec. 2023 was 6.07.

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

BAFBF' s Days Inventory Range Over the Past 10 Years
Min: 4.87   Med: 5.74   Max: 8.43
Current: 6.06

During the past 13 years, Balfour Beatty's highest Days Inventory was 8.43. The lowest was 4.87. And the median was 5.74.

BAFBF's Days Inventory is ranked better than
84% of 1394 companies
in the Construction industry
Industry Median: 48.6 vs BAFBF: 6.06

Balfour Beatty's Days Inventory increased from Dec. 2022 (5.50) to Dec. 2023 (6.07). It might indicate that Balfour Beatty's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Balfour Beatty's Inventory Turnover for the six months ended in Dec. 2023 was 30.06.

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. Balfour Beatty's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.03.


Balfour Beatty Days Inventory Historical Data

The historical data trend for Balfour Beatty'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.

Balfour Beatty Days Inventory Chart

Balfour Beatty 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 4.80 5.48 5.80 5.77 5.62

Balfour Beatty 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 5.62 5.97 5.50 6.28 6.07

Competitive Comparison of Balfour Beatty's Days Inventory

For the Engineering & Construction subindustry, Balfour Beatty'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.


Balfour Beatty's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Balfour Beatty's Days Inventory distribution charts can be found below:

* The bar in red indicates where Balfour Beatty's Days Inventory falls into.



Balfour Beatty Days Inventory Calculation

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

Balfour Beatty'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
=( (138.855 + 156.962) / 2 ) / 9611.393*365
=147.9085 / 9611.393*365
=5.62

Balfour Beatty'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
=( (176.768 + 156.962) / 2 ) / 5015.19*365 / 2
=166.865 / 5015.19*365 / 2
=6.07

* 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.


Balfour Beatty  (OTCPK:BAFBF) 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.

Balfour Beatty'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.

Balfour Beatty'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.


Balfour Beatty Days Inventory Related Terms

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


Balfour Beatty (Balfour Beatty) Business Description

Traded in Other Exchanges
Address
5 Churchill Place, Canary Wharf, London, GBR, E14 5HU
Balfour Beatty PLC finances, builds, and maintains infrastructure projects. It develops projects in energy, water, communications, transportation, and other industrial markets. In addition, the company manages construction businesses and provides maintenance and management services in power transmission, utilities infrastructure, road, and rail. Some projects are granted through concessions by government authorities. Balfour Beatty operates three business segments: Construction services (majority of total revenue), Support services, and Infrastructure investments. It will invest directly in infrastructure assets when there are opportunities to manage the projects upon completion and create recurring revenue. The majority of sales are derived from the United Kingdom and the United States.