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Badger Infrastructure Solutions (TSX:BDGI) Days Inventory : 9.13 (As of Dec. 2023)


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What is Badger Infrastructure Solutions Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Badger Infrastructure Solutions's Average Total Inventories for the three months ended in Dec. 2023 was C$17.1 Mil. Badger Infrastructure Solutions's Cost of Goods Sold for the three months ended in Dec. 2023 was C$171.5 Mil. Hence, Badger Infrastructure Solutions's Days Inventory for the three months ended in Dec. 2023 was 9.13.

The historical rank and industry rank for Badger Infrastructure Solutions's Days Inventory or its related term are showing as below:

TSX:BDGI' s Days Inventory Range Over the Past 10 Years
Min: 4.43   Med: 5.34   Max: 16.04
Current: 16.04

During the past 13 years, Badger Infrastructure Solutions's highest Days Inventory was 16.04. The lowest was 4.43. And the median was 5.34.

TSX:BDGI's Days Inventory is ranked better than
70.93% of 1393 companies
in the Construction industry
Industry Median: 48.96 vs TSX:BDGI: 16.04

Badger Infrastructure Solutions's Days Inventory declined from Dec. 2022 (23.19) to Dec. 2023 (9.13).

Inventory Turnover measures how fast the company turns over its inventory within a year. Badger Infrastructure Solutions's Inventory Turnover for the three months ended in Dec. 2023 was 10.00.

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. Badger Infrastructure Solutions's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.07.


Badger Infrastructure Solutions Days Inventory Historical Data

The historical data trend for Badger Infrastructure Solutions'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.

Badger Infrastructure Solutions Days Inventory Chart

Badger Infrastructure Solutions 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 5.69 8.17 9.18 14.92 14.40

Badger Infrastructure Solutions Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 23.19 25.79 21.81 10.84 9.13

Competitive Comparison of Badger Infrastructure Solutions's Days Inventory

For the Engineering & Construction subindustry, Badger Infrastructure Solutions'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.


Badger Infrastructure Solutions's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Badger Infrastructure Solutions's Days Inventory distribution charts can be found below:

* The bar in red indicates where Badger Infrastructure Solutions's Days Inventory falls into.



Badger Infrastructure Solutions Days Inventory Calculation

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

Badger Infrastructure Solutions'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
=( (34.252 + 17.889) / 2 ) / 661.015*365
=26.0705 / 661.015*365
=14.40

Badger Infrastructure Solutions'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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (16.408 + 17.889) / 2 ) / 171.461*365 / 4
=17.1485 / 171.461*365 / 4
=9.13

* 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.


Badger Infrastructure Solutions  (TSX:BDGI) 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.

Badger Infrastructure Solutions's Inventory Turnover for the three 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.

Badger Infrastructure Solutions's Inventory to Revenue for the three 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.


Badger Infrastructure Solutions Days Inventory Related Terms

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


Badger Infrastructure Solutions (TSX:BDGI) Business Description

Traded in Other Exchanges
Address
911 - 11th Avenue SW, Suite 400, ATCO Building ll, 4th Floor, Calgary, AB, CAN, T2R 1P3
Badger Infrastructure Solutions Ltd is North America's provider of non-destructive excavating services. Its key technology is the Badger Hydrovac, which is used primarily for safe excavation around critical infrastructure and in congested underground conditions. The Badger Hydrovac uses a pressurized water stream to liquefy the soil cover, which is then removed with a powerful vacuum system and deposited into a storage tank. The company manufactures and designs its truck-mounted hydrovac units, giving an opportunity to incorporate feedback from its hydrovac operators into its existing and future design and manufacturing processes. Badger's two reportable segments are Canada and the United States.

Badger Infrastructure Solutions (TSX:BDGI) Headlines

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