Bata Shoe Co (Bangladesh) (DHA:BATASHOE) Days Inventory : 219.75 (As of Mar. 2024)

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What is Bata Shoe Co (Bangladesh) Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Bata Shoe Co (Bangladesh)'s Average Total Inventories for the three months ended in Mar. 2024 was BDT3,731 Mil. Bata Shoe Co (Bangladesh)'s Cost of Goods Sold for the three months ended in Mar. 2024 was BDT1,549 Mil. Hence, Bata Shoe Co (Bangladesh)'s Days Inventory for the three months ended in Mar. 2024 was 219.75.

The historical rank and industry rank for Bata Shoe Co (Bangladesh)'s Days Inventory or its related term are showing as below:

DHA:BATASHOE' s Days Inventory Range Over the Past 10 Years
Min: 157.87 Med: 210.04 Max: 300.3
Current: 225.46

During the past 11 years, Bata Shoe Co (Bangladesh)'s highest Days Inventory was 300.30. The lowest was 157.87. And the median was 210.04.

DHA:BATASHOE's Days Inventory is ranked worse than
77.34% of 1006 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 132.905 vs DHA:BATASHOE: 225.46

Bata Shoe Co (Bangladesh)'s Days Inventory increased from Mar. 2023 (216.89) to Mar. 2024 (219.75). It might indicate that Bata Shoe Co (Bangladesh)'s sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Bata Shoe Co (Bangladesh)'s Inventory Turnover for the three months ended in Mar. 2024 was 0.42.

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. Bata Shoe Co (Bangladesh)'s Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.33.

Bata Shoe Co (Bangladesh) Days Inventory Historical Data

The historical data trend for Bata Shoe Co (Bangladesh)'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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Bata Shoe Co (Bangladesh) Days Inventory Chart

Bata Shoe Co (Bangladesh) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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270.64

300.30

205.93

189.21

214.14

Bata Shoe Co (Bangladesh) Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															216.89	180.20	293.09	219.83	219.75

Competitive Comparison of Bata Shoe Co (Bangladesh)'s Days Inventory

For the Footwear & Accessories subindustry, Bata Shoe Co (Bangladesh)'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.

Bata Shoe Co (Bangladesh)'s Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Bata Shoe Co (Bangladesh)'s Days Inventory distribution charts can be found below:

* The bar in red indicates where Bata Shoe Co (Bangladesh)'s Days Inventory falls into.

Bata Shoe Co (Bangladesh) Days Inventory Calculation

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

Bata Shoe Co (Bangladesh)'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
=	( (3032.205	+	3395.007)	/	2 )	/	5477.483	*	365
=	3213.606					/	5477.483	*	365
=	214.14

Bata Shoe Co (Bangladesh)'s Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (3395.007	+	4067.511)	/	2 )	/	1549.377	*	365 / 4
=	3731.259					/	1549.377	*	365 / 4
=	219.75

Bata Shoe Co (Bangladesh) (DHA:BATASHOE) 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.

Bata Shoe Co (Bangladesh)'s Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1549.377	/	3731.259
	=	0.42

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.

Bata Shoe Co (Bangladesh)'s Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3731.259	/	2804.897
	=	1.33

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.

Bata Shoe Co (Bangladesh) Days Inventory Related Terms

Thank you for viewing the detailed overview of Bata Shoe Co (Bangladesh)'s Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Bata Shoe Co (Bangladesh) (DHA:BATASHOE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Bata Shoe Co (Bangladesh) Ltd (DHA:BATASHOE) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Tongi Industrial Area, Tongi, Gazipur, BGD, 1710

Website

https://www.batabd.com

Bata Shoe Co (Bangladesh) Ltd is engaged in the manufacturing and marketing of leather, rubber, plastic, canvas footwear, hosiery, and accessories items. It offers a range of designer collections for men, women, and children. The company's manufacturing plants are located in Tongi and Dhamrai. Its operating segments are Domestic and Unallocated, of which a majority of revenue is derived from the Domestic segment. Its products include Sports shoes, Casual and closed shoes, Formal shoes, Wallets, Backpacks, Sunglasses, and others.

Bata Shoe Co (Bangladesh) (DHA:BATASHOE) Headlines

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