Bravura Solutions (ASX:BVS) Days Inventory : 0.00 (As of Dec. 2023)

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What is Bravura Solutions Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Bravura Solutions's Average Total Inventories for the six months ended in Dec. 2023 was A$0.0 Mil. Bravura Solutions's Cost of Goods Sold for the six months ended in Dec. 2023 was A$13.7 Mil. Hence, Bravura Solutions's Days Inventory for the six months ended in Dec. 2023 was 0.00.

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

ASX:BVS's Days Inventory is not ranked ^*
in the Software industry.
Industry Median: 19.61
* Ranked among companies with meaningful Days Inventory only.

Bravura Solutions'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.

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. Bravura Solutions's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.00.

Bravura Solutions Days Inventory Historical Data

The historical data trend for Bravura 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.

Bravura Solutions Days Inventory Chart

Bravura Solutions Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Inventory

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Bravura Solutions Semi-Annual Data
	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 Bravura Solutions's Days Inventory

For the Software - Application subindustry, Bravura 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.

Bravura Solutions's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Bravura Solutions's Days Inventory distribution charts can be found below:

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

Bravura Solutions Days Inventory Calculation

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

Bravura Solutions'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
=	( (0	+	0)	/	1 )	/	0	*	365
=	0					/	0	*	365
=	N/A

Bravura 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: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	13.696	*	365 / 2
=	0					/	13.696	*	365 / 2
=	0.00

Bravura Solutions (ASX:BVS) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	13.696	/	0
	=

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	127.02
	=	0.00

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.

Bravura Solutions Days Inventory Related Terms

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

Bravura Solutions (ASX:BVS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Bravura Solutions Ltd (ASX:BVS) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

BRA:Germany

Address

345 George Street, Level 6, Sydney, NSW, AUS, 2000

Website

https://www.bravurasolutions.com

Bravura Solutions Ltd is engaged in the development, licensing and maintenance of highly specialized administration and management software applications as well as the provision of professional consulting services. It has two operating segments: Wealth Management and Funds Administration. The company generates maximum revenue from the Wealth Management segment. Wealth Management segment platforms provide end-to-end processing to support all back-office functions relating to the daily management of superannuation, pensions, life insurance, investment, private wealth and portfolio administration. Geographically, it derives a majority of revenue from Australia and also has a presence in the UK, New Zealand, and Other Countries.