BZIC (Beamz Interactive) Days Inventory: 670.18 (As of Dec. 2014)


What is Beamz Interactive Days Inventory?

Beamz Interactive BZIC -99.00% Days Inventory is 670.18 as of Dec. 2014.

Days Inventory is also known as Days Sales of Inventory (DSI). Beamz Interactive's Average Total Inventories for the three months ended in Dec. 2014 was $0.33 Mil. Beamz Interactive's Cost of Goods Sold for the three months ended in Dec. 2014 was $0.05 Mil. Hence, Beamz Interactive's Days Inventory for the three months ended in Dec. 2014 was 670.18.

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

BZIC's Days Inventory is not ranked *
in the Hardware industry.
Industry Median: 94.29
* Ranked among companies with meaningful Days Inventory only.

Beamz Interactive's Days Inventory increased from Dec. 2013 (292.19) to Dec. 2014 (670.18). It might indicate that Beamz Interactive's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Beamz Interactive's Inventory Turnover for the three months ended in Dec. 2014 was 0.14.

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. Beamz Interactive's Inventory-to-Revenue for the three months ended in Dec. 2014 was 3.80.

Beamz Interactive  (OTCPK:BZIC) 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.

Beamz Interactive's Inventory Turnover for the three months ended in Dec. 2014 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.045 / 0.3305
=0.14

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.

Beamz Interactive's Inventory to Revenue for the three months ended in Dec. 2014 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.3305 / 0.087
=3.80

* 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.

Beamz Interactive Days Inventory Related Terms

Beamz Interactive Days Inventory Historical Data

* Premium members only.

The historical data trend for Beamz Interactive'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.

Beamz Interactive Days Inventory Chart

Beamz Interactive Annual Data
Trend Jun11 Jun12 Jun13 Jun14
Days Inventory
135.78 239.16 359.82 398.18

Beamz Interactive Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14
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 292.19 254.31 363.31 554.97 670.18

BZIC vs LOGG, ANDR, ESCC: Days Inventory Comparison

For the Consumer Electronics subindustry, Beamz Interactive'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.

Beamz Interactive Days Inventory vs Hardware Industry

For the Hardware industry and Technology sector, Beamz Interactive's Days Inventory distribution charts can be found below:

* The bar in red indicates where Beamz Interactive's Days Inventory falls into.


Beamz Interactive Days Inventory Calculation

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

Beamz Interactive's Days Inventory for the fiscal year that ended in Jun. 2014 is calculated as

Days Inventory (A: Jun. 2014 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2013 ) + Total Inventories (A: Jun. 2014 )) / count ) / Cost of Goods Sold (A: Jun. 2014 )*Days in Period
=( (0 + 0.336) / 1 ) / 0.308*365
=0.336 / 0.308*365
=398.18

Beamz Interactive's Days Inventory for the quarter that ended in Dec. 2014 is calculated as:

Days Inventory (Q: Dec. 2014 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2014 ) + Total Inventories (Q: Dec. 2014 )) / count ) / Cost of Goods Sold (Q: Dec. 2014 )*Days in Period
=( (0.333 + 0.328) / 2 ) / 0.045*365 / 4
=0.3305 / 0.045*365 / 4
=670.18

* 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 670.18 mean?
Beamz Interactive (BZIC) has a Days Inventory of 670.18 as of Dec. 2014. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Beamz Interactive and its competitors.
Is Beamz Interactive's Days Inventory too high?
Beamz Interactive's current Days Inventory is 670.18. The Hardware industry median Days Inventory is 94.29. Beamz Interactive's value of 670.18 is 610.8% above this industry median.
How does Beamz Interactive's Days Inventory compare to LOGG and ANDR?
Beamz Interactive's Days Inventory of 670.18 can be compared against companies in the Hardware industry. The industry median Days Inventory is 94.29. Beamz Interactive's value of 670.18 is 610.8% 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 Hardware company?
The median Days Inventory among Hardware companies is 94.29, based on 2,415 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. Beamz Interactive's current Days Inventory of 670.18 is 610.8% 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 Beamz Interactive and its competitors. For the Hardware industry, the median Days Inventory is 94.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Beamz Interactive's current Days Inventory is 670.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beamz Interactive stock overvalued right now?
Beamz Interactive (BZIC) has a current Days Inventory of 670.18. The current Days Inventory is 670.18 and 610.8% above the Hardware industry median of 94.29. 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 Beamz Interactive (BZIC), the current Days Inventory is 670.18 as of Dec. 2014. 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.

Beamz Interactive Business Description

Address 15354 North 83rd Way, Suite 101, Scottsdale, AZ, USA, 85260
Beamz Interactive Inc is a United States based company engaged in the development and marketing of interactive music and laser controller products in a wide variety of music, game education, therapy, lighting, and consumer applications throughout the world. The company's technology portfolio includes multiple patents, patents pending and trade secrets covering interactive music, software, laser-based controllers, gaming applications and related designs and devices.