Bangladesh Shipping (DHA:BSC) Days Inventory : 21.28 (As of Sep. 2024)

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What is Bangladesh Shipping Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Bangladesh Shipping's Average Total Inventories for the three months ended in Sep. 2024 was BDT125 Mil. Bangladesh Shipping's Cost of Goods Sold for the three months ended in Sep. 2024 was BDT538 Mil. Hence, Bangladesh Shipping's Days Inventory for the three months ended in Sep. 2024 was 21.28.

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

DHA:BSC' s Days Inventory Range Over the Past 10 Years
Min: 10.14 Med: 23.51 Max: 31.93
Current: 17.37

During the past 5 years, Bangladesh Shipping's highest Days Inventory was 31.93. The lowest was 10.14. And the median was 23.51.

DHA:BSC's Days Inventory is ranked worse than
62.93% of 785 companies
in the Transportation industry
Industry Median: 12.12 vs DHA:BSC: 17.37

Bangladesh Shipping's Days Inventory increased from Sep. 2023 (14.28) to Sep. 2024 (21.28). It might indicate that Bangladesh Shipping's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Bangladesh Shipping's Inventory Turnover for the three months ended in Sep. 2024 was 4.29.

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. Bangladesh Shipping's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.08.

Bangladesh Shipping Days Inventory Historical Data

The historical data trend for Bangladesh Shipping'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.

Bangladesh Shipping Days Inventory Chart

Bangladesh Shipping Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Jun24

Days Inventory

30.41

31.93

23.51

10.14

21.12

Bangladesh Shipping Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Inventory	Get a 7-Day Free Trial													14.28	12.68	11.79	24.26	21.28

Competitive Comparison of Bangladesh Shipping's Days Inventory

For the Marine Shipping subindustry, Bangladesh Shipping'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.

Bangladesh Shipping's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Bangladesh Shipping's Days Inventory distribution charts can be found below:

* The bar in red indicates where Bangladesh Shipping's Days Inventory falls into.

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Bangladesh Shipping Days Inventory Calculation

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

Bangladesh Shipping's Days Inventory for the fiscal year that ended in Jun. 2024 is calculated as

	Days Inventory (A: Jun. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2023 )	+	Total Inventories (A: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2024 )	*	Days in Period
=	( (72.103	+	131.587)	/	2 )	/	1759.696	*	365
=	101.845					/	1759.696	*	365
=	21.12

Bangladesh Shipping's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

	Days Inventory (Q: Sep. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (131.587	+	119.336)	/	2 )	/	538.076	*	365 / 4
=	125.4615					/	538.076	*	365 / 4
=	21.28

Bangladesh Shipping (DHA:BSC) 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.

Bangladesh Shipping's Inventory Turnover for the three months ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	538.076	/	125.4615
	=	4.29

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.

Bangladesh Shipping's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	125.4615	/	1507.144
	=	0.08

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.

Bangladesh Shipping Days Inventory Related Terms

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

Bangladesh Shipping Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Bangladesh Shipping Corp (DHA:BSC) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

Saltgola Road, P.O. Box no. 641, BSC Bhaban, Chattogram, BGD, 4100

Website

https://bsc.portal.gov.bd

Bangladesh Shipping Corp is the national flag carrier engaged in shipping and ancillary businesses on International routes. Its Services are Liner Service, Chartering & Tramping service, Feeder Service, Crude Oil Carrying, Crude Oil Lightening, Food Grain Carrying, Food Grain lightening, Agency Service, and Ship Repair.

Bangladesh Shipping Headlines

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