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BrainChip Holdings (BrainChip Holdings) Days Inventory : 1,409.88 (As of Dec. 2023)


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What is BrainChip Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). BrainChip Holdings's Average Total Inventories for the six months ended in Dec. 2023 was $0.55 Mil. BrainChip Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was $0.07 Mil. Hence, BrainChip Holdings's Days Inventory for the six months ended in Dec. 2023 was 1,409.88.

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

BRCHF' s Days Inventory Range Over the Past 10 Years
Min: 194.79   Med: 254.52   Max: 1295.26
Current: 1295.26

During the past 13 years, BrainChip Holdings's highest Days Inventory was 1295.26. The lowest was 194.79. And the median was 254.52.

BRCHF's Days Inventory is ranked worse than
99.26% of 941 companies
in the Semiconductors industry
Industry Median: 131.06 vs BRCHF: 1295.26

BrainChip Holdings's Days Inventory increased from Dec. 2022 (705.43) to Dec. 2023 (1,409.88). It might indicate that BrainChip Holdings'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. BrainChip Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 0.13.

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. BrainChip Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 4.73.


BrainChip Holdings Days Inventory Historical Data

The historical data trend for BrainChip Holdings'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.

BrainChip Holdings Days Inventory Chart

BrainChip Holdings 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 - 260.71 196.49 247.90 1,139.01

BrainChip Holdings 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 213.13 104.64 705.43 1,337.01 1,409.88

Competitive Comparison of BrainChip Holdings's Days Inventory

For the Semiconductors subindustry, BrainChip Holdings'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.


BrainChip Holdings's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, BrainChip Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where BrainChip Holdings's Days Inventory falls into.



BrainChip Holdings Days Inventory Calculation

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

BrainChip Holdings'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
=( (0.397 + 0.483) / 2 ) / 0.141*365
=0.44 / 0.141*365
=1,139.01

BrainChip Holdings'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
=( (0.614 + 0.483) / 2 ) / 0.071*365 / 2
=0.5485 / 0.071*365 / 2
=1,409.88

* 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.


BrainChip Holdings  (OTCPK:BRCHF) 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.

BrainChip Holdings'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.

BrainChip Holdings'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.


BrainChip Holdings Days Inventory Related Terms

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


BrainChip Holdings (BrainChip Holdings) Business Description

Traded in Other Exchanges
Address
Level 12, 225 George Street, Sydney, NSW, AUS, 2000
BrainChip Holdings Ltd is engaged in neuromorphic computing. Neuromorphic computing is a branch of artificial intelligence (AI) that simulates the functionality of the human neuron. The company has developed a revolutionary spiking neural network (SNN) technology, a type of neuromorphic computing that learns autonomously, evolves, and associates information just like the human brain. It operates through one segment namely, the technological development of designs. The company's products include Akida IP, Meta TF, Akida1000, and others.