BETSF (Bit Brother) Change In Inventory: $0.30 Mil (TTM As of Jun. 2023)

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Director of Data and Quant Analytics at GuruFocus
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BETSF Bit Brother Ltd BETSF
16 GF Score
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What is Bit Brother Change In Inventory?

Bit Brother BETSF -99.00% 16 Change In Inventory is $0.30 Mil as of Jun. 2023. GuruFocus rates BETSF with a GF Score™ of 16/100.

Bit Brother's change in inventory for the quarter that ended in Jun. 2023 was $0.38 Mil. It means Bit Brother's inventory declined by $0.38 Mil from Dec. 2022 to Jun. 2023 .

Bit Brother's change in inventory for the fiscal year that ended in Jun. 2023 was $0.30 Mil. It means Bit Brother's inventory declined by $0.30 Mil from Jun. 2022 to Jun. 2023 .

Bit Brother's Total Inventories for the quarter that ended in Jun. 2023 was $0.19 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bit Brother's Days Inventory for the quarter that ended in Jun. 2023 was 8.09.

Inventory Turnover measures how fast the company turns over its inventory within a year. Bit Brother's Inventory Turnover for the quarter that ended in Jun. 2023 was 22.55.

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. Bit Brother's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.10.


Bit Brother  (OTCPK:BETSF) Change In Inventory Explanation

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

Bit Brother's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=0.233/5.254*365 / 2
=8.09

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Bit Brother's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

3. 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.

Bit Brother's Inventory to Revenue for the quarter that ended in Jun. 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.


Bit Brother Change In Inventory Related Terms


Bit Brother Change In Inventory Historical Data

* Premium members only.

The historical data trend for Bit Brother's Change In 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.

Bit Brother Change In Inventory Chart

Bit Brother Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.07 0.00 0.02 -0.36 0.30

Bit Brother Semi-Annual Data
Oct13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Change In 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 0.00 0.54 -0.90 -0.08 0.38
BETSF
16GF Score
Bit Brother Ltd BETSF
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Bit Brother Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.30 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of $0.30 Mil mean?
Bit Brother (BETSF) has a Change In Inventory of $0.30 Mil as of Jun. 2023. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Bit Brother and its competitors.
Is Bit Brother's Change In Inventory too high?
Bit Brother's current Change In Inventory is $0.30 Mil. Overall, Bit Brother has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Bit Brother's Change In Inventory compare to BTCS and MIGI?
Bit Brother's Change In Inventory of $0.30 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Capital Markets company?
A good Change In Inventory depends on the Capital Markets industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Bit Brother and its competitors. Bit Brother's current Change In Inventory is $0.30 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bit Brother stock overvalued right now?
Bit Brother (BETSF) has a current Change In Inventory of $0.30 Mil. The current Change In Inventory is $0.30 Mil. Bit Brother's overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Bit Brother (BETSF), the current Change In Inventory is $0.30 Mil as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Bit Brother Business Description

Address 53 Binjiang Road, 15/F, Block A, Kineer Business Centre, Yuelu District, Changsha, Hunan, CHN, 410023
Bit Brother Ltd formerly Urban Tea Inc through its subsidiaries operates in two business segments, Tea shop chains and block chain and digital asset mining. Through Tea shop chains the company is engaged in specialty tea product distribution and retail business. The company offers trendy tea drinks, light meals, and pastries through its stores. Through its Blockchain technology and digital asset mining business, the company is engaged in research and development of a digital currency wallet, the integrated operation and management of supercomputer servers, and financial services, targeting both individual and institutional users. The majority of the revenue for the company is generated from its Tea shop chains.
16GF Score

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Change In Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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