Banneker (Banneker) Days Inventory : 8.47 (As of Dec. 2000)

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What is Banneker Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Banneker's Average Total Inventories for the three months ended in Dec. 2000 was $0.40 Mil. Banneker's Cost of Goods Sold for the three months ended in Dec. 2000 was $4.28 Mil. Hence, Banneker's Days Inventory for the three months ended in Dec. 2000 was 8.47.

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

BANI's Days Inventory is not ranked ^*
in the Retail - Cyclical industry.
Industry Median: 109.11
* Ranked among companies with meaningful Days Inventory only.

Banneker's Days Inventory declined from Dec. 2099 (15.06) to Dec. 2000 (8.47).

Inventory Turnover measures how fast the company turns over its inventory within a year. Banneker's Inventory Turnover for the three months ended in Dec. 2000 was 10.77.

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. Banneker's Inventory-to-Revenue for the three months ended in Dec. 2000 was 0.09.

Banneker Days Inventory Historical Data

The historical data trend for Banneker'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.

Banneker Days Inventory Chart

Banneker Annual Data

Trend

Mar98

Days Inventory

10.53

Banneker Quarterly Data
	Jun97	Sep97	Dec97	Mar98	Jun98	Sep98	Dec98	Jun99	Sep99	Dec99	Mar00	Jun00	Sep00	Dec00
Days Inventory	Get a 7-Day Free Trial									15.06	15.12	25.17	19.27	8.47

Competitive Comparison of Banneker's Days Inventory

For the Luxury Goods subindustry, Banneker'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.

Banneker's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Banneker's Days Inventory distribution charts can be found below:

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

Banneker Days Inventory Calculation

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

Banneker's Days Inventory for the fiscal year that ended in Mar. 2098 is calculated as

	Days Inventory (A: Mar. 2098 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: . 20 )	+	Total Inventories (A: Mar. 2098 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2098 )	*	Days in Period
=	( (	+	2)	/	1 )	/	69.3	*	365
=	2					/	69.3	*	365
=	10.53

Banneker's Days Inventory for the quarter that ended in Dec. 2000 is calculated as:

	Days Inventory (Q: Dec. 2000 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2000 )	+	Total Inventories (Q: Dec. 2000 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2000 )	*	Days in Period
=	( (0.414	+	0.381)	/	2 )	/	4.281	*	365 / 4
=	0.3975					/	4.281	*	365 / 4
=	8.47

Banneker (OTCPK:BANI) 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.

Banneker's Inventory Turnover for the three months ended in Dec. 2000 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4.281	/	0.3975
	=	10.77

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.

Banneker's Inventory to Revenue for the three months ended in Dec. 2000 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.3975	/	4.502
	=	0.09

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.

Banneker Days Inventory Related Terms

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

Banneker (Banneker) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Banneker Inc (OTCPK:BANI) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

1660 South Albion Street, Suite 318, Denver, CO, USA, 80222

Website

https://www.bannekerstore.com

Banneker Inc is designing and manufacturing different types of clocks and watches. The company is engaged in watch making and wholesale jewelry company founded on the basis of fashion, elegance, and watch design can all converge together to create a work of art.

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