BETSF (Bit Brother) Days Inventory: 8.09 (As of Jun. 2023)


BETSF Bit Brother Ltd BETSF
16 GF Score
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What is Bit Brother Days Inventory?

Bit Brother BETSF +66.67% 16 Days Inventory is 8.09 as of Jun. 2023. GuruFocus rates BETSF with a GF Score™ of 16/100.

Days Inventory is also known as Days Sales of Inventory (DSI). Bit Brother's Average Total Inventories for the six months ended in Jun. 2023 was $0.23 Mil. Bit Brother's Cost of Goods Sold for the six months ended in Jun. 2023 was $5.25 Mil. Hence, Bit Brother's Days Inventory for the six months ended in Jun. 2023 was 8.09.

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

BETSF's Days Inventory is not ranked *
in the Capital Markets industry.
Industry Median: 63.6
* Ranked among companies with meaningful Days Inventory only.

Bit Brother's Days Inventory increased from Jun. 2022 (0.00) to Jun. 2023 (8.09). It might indicate that Bit Brother's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Bit Brother's Inventory Turnover for the six months 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 six months ended in Jun. 2023 was 0.10.


Bit Brother  (OTCPK:BETSF) 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.

Bit Brother's Inventory Turnover for the six months ended in Jun. 2023 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.

Bit Brother's Inventory to Revenue for the six months 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.


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.


Bit Brother Days Inventory Related Terms


Bit Brother Days Inventory Historical Data

* Premium members only.

The historical data trend for Bit Brother'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.

Bit Brother Days Inventory Chart

Bit Brother Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 177.11 796.60 1,520.50 130.59 13.18

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
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 0.00 94.60 0.00 122.99 8.09

BETSF vs BTCS, MIGI, ATIF: Days Inventory Comparison

For the Capital Markets subindustry, Bit Brother'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.


Bit Brother Days Inventory vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bit Brother's Days Inventory distribution charts can be found below:

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


BETSF
16GF Score
Bit Brother Ltd BETSF
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Bit Brother Days Inventory Calculation

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 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
=( (0.218 + 0.188) / 2 ) / 5.621*365
=0.203 / 5.621*365
=13.18

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

Days Inventory (Q: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (0.278 + 0.188) / 2 ) / 5.254*365 / 2
=0.233 / 5.254*365 / 2
=8.09

* 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 8.09 mean?
Bit Brother (BETSF) has a Days Inventory of 8.09 as of Jun. 2023. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Bit Brother and its competitors.
Is Bit Brother's Days Inventory too high?
Bit Brother's current Days Inventory is 8.09. The Capital Markets industry median Days Inventory is 63.60. Bit Brother's value of 8.09 is 87.3% below this industry median. 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 Days Inventory compare to BTCS and MIGI?
Bit Brother's Days Inventory of 8.09 can be compared against companies in the Capital Markets industry. The industry median Days Inventory is 63.60. Bit Brother's value of 8.09 is 87.3% 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 a Capital Markets company?
The median Days Inventory among Capital Markets companies is 63.60, based on 230 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. Bit Brother's current Days Inventory of 8.09 is 87.3% 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 Bit Brother and its competitors. For the Capital Markets industry, the median Days Inventory is 63.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bit Brother's current Days Inventory is 8.09. 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 Days Inventory of 8.09. The current Days Inventory is 8.09 and 87.3% below the Capital Markets industry median of 63.60. 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 Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Bit Brother (BETSF), the current Days Inventory is 8.09 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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Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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