BHP Group (BHP Group) Days Inventory

: 0.00 (As of Dec. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). BHP Group's Average Total Inventories for the six months ended in Dec. 2023 was $5,267 Mil. BHP Group's Cost of Goods Sold for the six months ended in Dec. 2023 was $0 Mil.

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

BHPLF' s Days Inventory Range Over the Past 10 Years
Min: 99.39 Med: 114.99 Max: 137.27
Current: 113.92

During the past 13 years, BHP Group's highest Days Inventory was 137.27. The lowest was 99.39. And the median was 114.99.

BHPLF's Days Inventory is ranked worse than
64.48% of 656 companies
in the Metals & Mining industry
Industry Median: 87.22 vs BHPLF: 113.92

BHP Group'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. BHP Group'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. BHP Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.19.

BHP Group Days Inventory Historical Data

The historical data trend for BHP Group'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.

BHP Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Inventory

103.15

121.15

122.13

114.55

116.46

BHP Group 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																-	-	-	-	-

Competitive Comparison

For the Other Industrial Metals & Mining subindustry, BHP Group'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.

BHP Group Days Inventory Distribution

For the Metals & Mining industry and Basic Materials sector, BHP Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where BHP Group's Days Inventory falls into.

BHP Group Days Inventory Calculation

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

BHP Group'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
=	( (4935	+	5220)	/	2 )	/	15913	*	365
=	5077.5					/	15913	*	365
=	116.46

BHP Group'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
=	( (5220	+	5313)	/	2 )	/	0	*	365 / 2
=	5266.5					/	0	*	365 / 2
=	N/A

BHP Group (OTCPK:BHPLF) 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.

BHP Group's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	5266.5
	=	0.00

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	5266.5	/	27232
	=	0.19

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.

BHP Group Days Inventory Related Terms

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

BHP Group (BHP Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » BHP Group Ltd (OTCPK:BHPLF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

BHG:South Africa BHP:USA BHPN:Mexico BHPl:UK BHP:UK BHP1:Germany BHP:Germany BHP1:Germany BHP1:Germany BHP:Germany BHP:Australia BHP:Argentina

Address

171 Collins Street, Level 18, Melbourne, VIC, AUS, 3000

Website

https://www.bhp.com

BHP is a global diversified miner mainly supplying iron ore and copper. The merger of BHP Limited and Billiton PLC created the present-day BHP Group. The dual listed structure from the 2001 BHP and Billiton merger was collapsed in 2022. Major assets include Pilbara iron ore and Escondida copper. Onshore U.S. oil and gas assets were sold in 2018 and the remaining Petroleum assets were spun off and merged with Woodside in 2022, with BHP vesting the Woodside shares it received to BHP shareholders. BHP is growing its nickel business to supply more battery grade nickel and is also entering the potash market through the development of its Jansen mine in Canada. It also purchased copper miner Oz Minerals in fiscal 2023.