BGACF (BioNeutra Global) Days Inventory: 131.17 (As of Sep. 2024)


What is BioNeutra Global Days Inventory?

BioNeutra Global BGACF Days Inventory is 131.17 as of Sep. 2024.

Days Inventory is also known as Days Sales of Inventory (DSI). BioNeutra Global's Average Total Inventories for the three months ended in Sep. 2024 was $2.34 Mil. BioNeutra Global's Cost of Goods Sold for the three months ended in Sep. 2024 was $1.63 Mil. Hence, BioNeutra Global's Days Inventory for the three months ended in Sep. 2024 was 131.17.

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

BGACF's Days Inventory is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 83.04
* Ranked among companies with meaningful Days Inventory only.

BioNeutra Global's Days Inventory declined from Sep. 2023 (205.80) to Sep. 2024 (131.17).

Inventory Turnover measures how fast the company turns over its inventory within a year. BioNeutra Global's Inventory Turnover for the three months ended in Sep. 2024 was 0.70.

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. BioNeutra Global's Inventory-to-Revenue for the three months ended in Sep. 2024 was 1.04.


BioNeutra Global  (OTCPK:BGACF) 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.

BioNeutra Global's Inventory Turnover for the three months ended in Sep. 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.

BioNeutra Global's Inventory to Revenue for the three months ended in Sep. 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.


BioNeutra Global Days Inventory Related Terms


BioNeutra Global Days Inventory Historical Data

* Premium members only.

The historical data trend for BioNeutra Global'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.

BioNeutra Global Days Inventory Chart

BioNeutra Global Annual Data
Trend Feb14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 154.35 201.33 231.46 259.35 261.73

BioNeutra Global Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 205.80 1,370.63 184.92 208.11 131.17

BGACF vs ARRT, BSFC, RTON: Days Inventory Comparison

For the Packaged Foods subindustry, BioNeutra Global'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.


BioNeutra Global Days Inventory vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, BioNeutra Global's Days Inventory distribution charts can be found below:

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



BioNeutra Global Days Inventory Calculation

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

BioNeutra Global'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
=( (5.285 + 2.455) / 2 ) / 5.397*365
=3.87 / 5.397*365
=261.73

BioNeutra Global's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (2.741 + 1.948) / 2 ) / 1.631*365 / 4
=2.3445 / 1.631*365 / 4
=131.17

* 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 131.17 mean?
BioNeutra Global (BGACF) has a Days Inventory of 131.17 as of Sep. 2024. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on BioNeutra Global and its competitors.
Is BioNeutra Global's Days Inventory too high?
BioNeutra Global's current Days Inventory is 131.17. The Consumer Packaged Goods industry median Days Inventory is 83.04. BioNeutra Global's value of 131.17 is 58% above this industry median.
How does BioNeutra Global's Days Inventory compare to ARRT and BSFC?
BioNeutra Global's Days Inventory of 131.17 can be compared against companies in the Consumer Packaged Goods industry. The industry median Days Inventory is 83.04. BioNeutra Global's value of 131.17 is 58% above 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 Consumer Packaged Goods company?
The median Days Inventory among Consumer Packaged Goods companies is 83.04, based on 1,863 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. BioNeutra Global's current Days Inventory of 131.17 is 58% above 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 BioNeutra Global and its competitors. For the Consumer Packaged Goods industry, the median Days Inventory is 83.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BioNeutra Global's current Days Inventory is 131.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BioNeutra Global stock overvalued right now?
BioNeutra Global (BGACF) has a current Days Inventory of 131.17. The current Days Inventory is 131.17 and 58% above the Consumer Packaged Goods industry median of 83.04. 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 BioNeutra Global (BGACF), the current Days Inventory is 131.17 as of Sep. 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.

BioNeutra Global Business Description

Address 1101-1030 West Georgia Street, Vancouver, BC, CAN, V6E 2Y3
BioNeutra Global Corp is engaged in the research, development, production, and commercialization of food ingredients for neutraceutical, functional and mainstream foods, focusing on oligosaccharides. Its product portfolio provides ingredients for various food systems, that contribute to human nutrition and wellness in functional and healthy foods. Its prime product, VitaFiber IMO, is offered in both powder and syrup form. The company operates in Canada while generating sales revenue from various countries internationally. It has a single industry segment, manufacturing and trading of products. The majority of the revenue is derived from the United States.