Days Inventory is also known as Days Sales of Inventory (DSI). Blackboxstocks's Average Total Inventories for the
three
months ended in Dec. 2023 was $0.00 Mil. Blackboxstocks's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $0.46 Mil.
Hence, Blackboxstocks's Days Inventory for the
three
months ended in Dec. 2023 was 0.59.
The historical rank and industry rank for Blackboxstocks's Days Inventory or its related term are showing as below:
BLBX'
s Days Inventory Range Over the Past 10 Years
Min: 1.97 Med: 2.85 Max: 5.47
Current: 2.23
During the past 11 years, Blackboxstocks's highest Days Inventory was 5.47. The lowest was 1.97. And the median was 2.85.
BLBX's Days Inventory is ranked better than 80.72% of 1561
companies
in the Software industry
Industry Median: 19.64
vs BLBX: 2.23
Blackboxstocks's Days Inventory
declined
from Dec. 2022 (2.69) to Dec. 2023 (0.59).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Blackboxstocks's Inventory Turnover for the
three
months ended in Dec. 2023 was 154.67.
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.
Blackboxstocks's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.00.
Blackboxstocks Days Inventory Historical Data
The historical data trend for Blackboxstocks'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.
Competitive Comparison of Blackboxstocks's Days Inventory
For the Software - Application subindustry, Blackboxstocks'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.
Blackboxstocks's Days Inventory Distribution in the Software Industry
For the Software industry and Technology sector, Blackboxstocks's Days Inventory distribution charts can be found below:
* The bar in red indicates where Blackboxstocks's Days Inventory falls into.
Blackboxstocks Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Blackboxstocks's Days Inventory for the fiscal year that ended in Dec. 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.
Blackboxstocks (NAS:BLBX) 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.
Blackboxstocks's Inventory Turnover for the
three
months ended in Dec. 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.
Blackboxstocks's Inventory to Revenue for the
three
months ended in Dec. 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.
Blackboxstocks Days Inventory Related Terms
Thank you for viewing the detailed overview of Blackboxstocks's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Blackboxstocks (Blackboxstocks) Business Description
Blackboxstocks Inc is a financial technology and social media hybrid platform offering real-time proprietary analytics and news for stock and options traders of all levels. Its web-based software (the Blackbox System) employs predictive technology enhanced by artificial intelligence to find volatility and unusual market activity that may result in a rapid change in the price of a stock or option. It provides users with a fully interactive social media platform that is integrated into its dashboard, enabling users to exchange information and ideas quickly and efficiently through a common network. It introduced a live audio/video feature that allows members to broadcast on their channels to share trading strategies and market insight within the Blackbox community.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
BLBX has been successfully added to your 