Blue Star Helium (ASX:BNL) Days Inventory : 0.00 (As of Dec. 2023)

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What is Blue Star Helium Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Blue Star Helium's Average Total Inventories for the six months ended in Dec. 2023 was A$0.22 Mil. Blue Star Helium's Cost of Goods Sold for the six months ended in Dec. 2023 was A$-0.10 Mil.

The historical rank and industry rank for Blue Star Helium's Days Inventory or its related term are showing as below:

ASX:BNL's Days Inventory is not ranked ^*
in the Oil & Gas industry.
Industry Median: 32.19
* Ranked among companies with meaningful Days Inventory only.

Blue Star Helium'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. Blue Star Helium's Inventory Turnover for the six months ended in Dec. 2023 was -0.45.

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. Blue Star Helium's Inventory-to-Revenue for the six months ended in Dec. 2023 was 54.00.

Blue Star Helium Days Inventory Historical Data

The historical data trend for Blue Star Helium'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.

Blue Star Helium Days Inventory Chart

Blue Star Helium Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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Blue Star Helium 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															-	-	-	-	-

Competitive Comparison of Blue Star Helium's Days Inventory

For the Oil & Gas E&P subindustry, Blue Star Helium'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.

Blue Star Helium's Days Inventory Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Blue Star Helium's Days Inventory distribution charts can be found below:

* The bar in red indicates where Blue Star Helium's Days Inventory falls into.

Blue Star Helium Days Inventory Calculation

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

Blue Star Helium'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	+	0.216)	/	1 )	/	-0.105	*	365
=	0.216					/	-0.105	*	365
=	N/A

Blue Star Helium'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	+	0.216)	/	1 )	/	-0.097	*	365 / 2
=	0.216					/	-0.097	*	365 / 2
=	N/A

Blue Star Helium (ASX:BNL) 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.

Blue Star Helium's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	-0.097	/	0.216
	=	-0.45

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.

Blue Star Helium's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.216	/	0.004
	=	54.00

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.

Blue Star Helium Days Inventory Related Terms

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

Blue Star Helium (ASX:BNL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Blue Star Helium Ltd (ASX:BNL) » Definitions » Days Inventory

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BSNLF:USA

Address

194 Hay Street, Subiaco, WA, AUS, 6008

Website

https://www.bluestarhelium.com

Blue Star Helium Ltd is engaged in oil and gas (helium) production, exploration, and development. Its assets are spread in United States. The company provides its shareholders with exposure to multiple high-value helium projects and conventional oil assets in North America. the Company is organized into one operating segment, which involves helium including oil and gas exploration, development and production in the USA.