BANT (Bantec) Days Inventory: 23.56 (As of Jun. 2024)


What is Bantec Days Inventory?

Bantec BANT -99.00% Days Inventory is 23.56 as of Jun. 2024.

Days Inventory is also known as Days Sales of Inventory (DSI). Bantec's Average Total Inventories for the three months ended in Jun. 2024 was $0.17 Mil. Bantec's Cost of Goods Sold for the three months ended in Jun. 2024 was $0.64 Mil. Hence, Bantec's Days Inventory for the three months ended in Jun. 2024 was 23.56.

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

BANT's Days Inventory is not ranked *
in the Aerospace & Defense industry.
Industry Median: 141.34
* Ranked among companies with meaningful Days Inventory only.

Bantec's Days Inventory increased from Jun. 2023 (12.97) to Jun. 2024 (23.56). It might indicate that Bantec's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Bantec's Inventory Turnover for the three months ended in Jun. 2024 was 3.87.

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. Bantec's Inventory-to-Revenue for the three months ended in Jun. 2024 was 0.22.


Bantec  (OTCPK:BANT) 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.

Bantec's Inventory Turnover for the three months ended in Jun. 2024 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.

Bantec's Inventory to Revenue for the three months ended in Jun. 2024 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.


Bantec Days Inventory Related Terms


Bantec Days Inventory Historical Data

* Premium members only.

The historical data trend for Bantec'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.

Bantec Days Inventory Chart

Bantec Annual Data
Trend Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Days Inventory
Get a 7-Day Free Trial 12.94 8.93 12.57 13.81 25.44

Bantec Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 12.97 24.78 17.56 24.87 23.56

BANT vs GE, RTX, BA: Days Inventory Comparison

For the Aerospace & Defense subindustry, Bantec'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.


Bantec Days Inventory vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Bantec's Days Inventory distribution charts can be found below:

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



Bantec Days Inventory Calculation

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

Bantec's Days Inventory for the fiscal year that ended in Sep. 2023 is calculated as

Days Inventory (A: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Sep. 2022 ) + Total Inventories (A: Sep. 2023 )) / count ) / Cost of Goods Sold (A: Sep. 2023 )*Days in Period
=( (0.093 + 0.178) / 2 ) / 1.944*365
=0.1355 / 1.944*365
=25.44

Bantec's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (0.235 + 0.097) / 2 ) / 0.643*365 / 4
=0.166 / 0.643*365 / 4
=23.56

* 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 Days Inventory →
What does a Days Inventory of 23.56 mean?
Bantec (BANT) has a Days Inventory of 23.56 as of Jun. 2024. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Bantec and its competitors.
Is Bantec's Days Inventory too high?
Bantec's current Days Inventory is 23.56. The Aerospace & Defense industry median Days Inventory is 141.34. Bantec's value of 23.56 is 83.3% below this industry median.
How does Bantec's Days Inventory compare to GE and RTX?
Bantec's Days Inventory of 23.56 can be compared against companies in the Aerospace & Defense industry. The industry median Days Inventory is 141.34. Bantec's value of 23.56 is 83.3% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for an Aerospace & Defense company?
The median Days Inventory among Aerospace & Defense companies is 141.34, based on 326 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bantec's current Days Inventory of 23.56 is 83.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Bantec and its competitors. For the Aerospace & Defense industry, the median Days Inventory is 141.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bantec's current Days Inventory is 23.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bantec stock overvalued right now?
Bantec (BANT) has a current Days Inventory of 23.56. The current Days Inventory is 23.56 and 83.3% below the Aerospace & Defense industry median of 141.34. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Bantec (BANT), the current Days Inventory is 23.56 as of Jun. 2024. 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.

Bantec Business Description

Address 37 Main Street, Sparta, NJ, USA, 07871
Bantec Inc along with its subsidiaries provides unmanned aerial vehicles (UAV) and related services. Principally, it is engaged in the business of research, design, development, testing, manufacturing, distribution, exportation, and integration of low-altitude UAV systems, services, and products. The company also provides procurement, distribution, and logistics services. It focuses on distributing, Drones and related services and Environmental/Construction products and services. The Company has operations based in Sparta, New Jersey and Vancouver, Washington.