Berkshire Grey (Berkshire Grey) Days Inventory : 107.51 (As of Mar. 2023)

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What is Berkshire Grey Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Berkshire Grey's Average Total Inventories for the three months ended in Mar. 2023 was $9.79 Mil. Berkshire Grey's Cost of Goods Sold for the three months ended in Mar. 2023 was $8.31 Mil. Hence, Berkshire Grey's Days Inventory for the three months ended in Mar. 2023 was 107.51.

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

BGRYW' s Days Inventory Range Over the Past 10 Years
Min: 6.62 Med: 12.63 Max: 34.29
Current: 34.29

During the past 4 years, Berkshire Grey's highest Days Inventory was 34.29. The lowest was 6.62. And the median was 12.63.

BGRYW's Days Inventory is not ranked
in the Industrial Products industry.
Industry Median: 121.615 vs BGRYW: 34.29

Berkshire Grey's Days Inventory increased from Mar. 2022 (44.50) to Mar. 2023 (107.51). It might indicate that Berkshire Grey's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Berkshire Grey's Inventory Turnover for the three months ended in Mar. 2023 was 0.85.

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. Berkshire Grey's Inventory-to-Revenue for the three months ended in Mar. 2023 was 1.55.

Berkshire Grey Days Inventory Historical Data

The historical data trend for Berkshire Grey'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.

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Berkshire Grey Days Inventory Chart

Berkshire Grey Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Days Inventory

14.75

6.62

10.50

27.54

Berkshire Grey Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Days Inventory	Get a 7-Day Free Trial								44.50	15.72	19.68	46.93	107.51

Competitive Comparison of Berkshire Grey's Days Inventory

For the Specialty Industrial Machinery subindustry, Berkshire Grey'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.

Berkshire Grey's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Berkshire Grey's Days Inventory distribution charts can be found below:

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

Berkshire Grey Days Inventory Calculation

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

Berkshire Grey's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (2.641	+	8.09)	/	2 )	/	71.118	*	365
=	5.3655					/	71.118	*	365
=	27.54

Berkshire Grey's Days Inventory for the quarter that ended in Mar. 2023 is calculated as:

	Days Inventory (Q: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
=	( (8.09	+	11.483)	/	2 )	/	8.306	*	365 / 4
=	9.7865					/	8.306	*	365 / 4
=	107.51

Berkshire Grey (NAS:BGRYW) 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.

Berkshire Grey's Inventory Turnover for the three months ended in Mar. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	8.306	/	9.7865
	=	0.85

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.

Berkshire Grey's Inventory to Revenue for the three months ended in Mar. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	9.7865	/	6.309
	=	1.55

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.

Berkshire Grey Days Inventory Related Terms

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

Berkshire Grey (Berkshire Grey) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Berkshire Grey Inc (NAS:BGRYW) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

140 South Road, Bedford, MA, USA, 01730

Website

https://www.berkshiregrey.com

Berkshire Grey Inc helps customers delivering game-changing technology that combines AI and robotics to automate fulfillment, supply chain, and logistics operations. Its solutions are a fundamental engine of change that transforms pick, pack, move, store, organize and sort operations to deliver a competitive advantage for enterprises. Majority of the revenue is derived from North America.