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BUKS (Butler National) Days Inventory : 80.13 (As of Oct. 2024)


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What is Butler National Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Butler National's Average Total Inventories for the three months ended in Oct. 2024 was $10.04 Mil. Butler National's Cost of Goods Sold for the three months ended in Oct. 2024 was $11.43 Mil. Hence, Butler National's Days Inventory for the three months ended in Oct. 2024 was 80.13.

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

BUKS' s Days Inventory Range Over the Past 10 Years
Min: 67.46   Med: 71.88   Max: 87.45
Current: 79.85

During the past 13 years, Butler National's highest Days Inventory was 87.45. The lowest was 67.46. And the median was 71.88.

BUKS's Days Inventory is ranked better than
73.9% of 295 companies
in the Aerospace & Defense industry
Industry Median: 146.46 vs BUKS: 79.85

Butler National's Days Inventory increased from Oct. 2023 (76.84) to Oct. 2024 (80.13). It might indicate that Butler National's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Butler National's Inventory Turnover for the three months ended in Oct. 2024 was 1.14.

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. Butler National's Inventory-to-Revenue for the three months ended in Oct. 2024 was 0.47.


Butler National Days Inventory Historical Data

The historical data trend for Butler National'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.

* Premium members only.

Butler National Days Inventory Chart

Butler National Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 70.70 71.89 87.45 78.73 75.79

Butler National Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 76.84 90.76 73.80 76.88 80.13

Competitive Comparison of Butler National's Days Inventory

For the Aerospace & Defense subindustry, Butler National'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.


Butler National's Days Inventory Distribution in the Aerospace & Defense Industry

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

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



Butler National Days Inventory Calculation

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

Butler National's Days Inventory for the fiscal year that ended in Apr. 2024 is calculated as

Days Inventory (A: Apr. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Apr. 2023 ) + Total Inventories (A: Apr. 2024 )) / count ) / Cost of Goods Sold (A: Apr. 2024 )*Days in Period
=( (8.947 + 9.522) / 2 ) / 44.472*365
=9.2345 / 44.472*365
=75.79

Butler National's Days Inventory for the quarter that ended in Oct. 2024 is calculated as:

Days Inventory (Q: Oct. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jul. 2024 ) + Total Inventories (Q: Oct. 2024 )) / count ) / Cost of Goods Sold (Q: Oct. 2024 )*Days in Period
=( (9.629 + 10.45) / 2 ) / 11.433*365 / 4
=10.0395 / 11.433*365 / 4
=80.13

* 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.


Butler National  (OTCPK:BUKS) 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.

Butler National's Inventory Turnover for the three months ended in Oct. 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.

Butler National's Inventory to Revenue for the three months ended in Oct. 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.


Butler National Days Inventory Related Terms

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


Butler National Business Description

Traded in Other Exchanges
N/A
Address
One Aero Plaza, New Century, KS, USA, 66031
Butler National Corp is involved in the design, manufacturing, sale, installation, repair, modification, overhaul, service, and distribution of a wide range of aerostructures, aircraft components, avionics, accessories, subassemblies, and systems. The company has two operating segments: Professional Services and Aerospace Products. Its main source of revenue comes from the Aerospace Products segment. The Professional Services segment offers professional management services in the gaming industry, as well as professional architectural and engineering services. The company operates in North America, Europe, Asia, Australia, and other geographical regions.
Executives
Joseph Patrick Daly 10 percent owner 497 CIRCLE FREEWAY, CINCINNATI OH 45246
Christopher J Reedy officer: Vice President 7411 RICHARDS DRIVE, SHAWNEE KS 66216
Joe Aric Peters director 15125 MELROSE DRIVE, OVERLAND PARK KS 66221
Zeff Holding Company, Llc 10 percent owner 400 S. MCCADDEN PL., LOS ANGELES CA 90020
Veradace Partners Lp 10 percent owner 2626 COLE AVENUE, SUITE 300, DALLAS TX 75204
Zeff Capital, Lp 10 percent owner 400 S. MCCADDEN PL., LOS ANGELES CA 90020
Daniel Zeff 10 percent owner 400 S. MCCADDEN PL., LOS ANGELES CA 90020
John M. Edgar director 2600 GRAND BOULEVARD, SUITE 440, KANSAS CITY MO 64108
David B Hayden director 15733 SHANNAN LANE, OLATHE KS 66062
Tad Mitchell Mcmahon officer: Chief Financial Officer 19920 W 161ST STREET, OLATHE KS 66062
Craig D Stewart officer: Vice President and CFO 15213 KING STREET, OVERLAND PARK KS 66221
Angela D Seba-shinabargar officer: CFO 11575 S. WATER, OLATHE KS 66061
Bradley Kyle Hoffman director 8741 ENSLEY LANE, LEAWOOD KS 66206
Michael Joseph Tamburelli director 11028 N. LAUREL AVE, KANSAS CITY MO 64157
Clark D Stewart director, officer: President - CEO 15733 SHANNAN LANE, OLATHE KS 66062