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Brikor (JSE:BIK) Days Inventory : 94.57 (As of Feb. 2024)


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What is Brikor Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Brikor's Average Total Inventories for the six months ended in Feb. 2024 was R73.9 Mil. Brikor's Cost of Goods Sold for the six months ended in Feb. 2024 was R142.6 Mil. Hence, Brikor's Days Inventory for the six months ended in Feb. 2024 was 94.57.

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

JSE:BIK' s Days Inventory Range Over the Past 10 Years
Min: 55.19   Med: 70.34   Max: 91.75
Current: 91.75

During the past 13 years, Brikor's highest Days Inventory was 91.75. The lowest was 55.19. And the median was 70.34.

JSE:BIK's Days Inventory is ranked worse than
54.57% of 372 companies
in the Building Materials industry
Industry Median: 83.96 vs JSE:BIK: 91.75

Brikor's Days Inventory declined from Feb. 2023 (94.90) to Feb. 2024 (94.57).

Inventory Turnover measures how fast the company turns over its inventory within a year. Brikor's Inventory Turnover for the six months ended in Feb. 2024 was 1.93.

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. Brikor's Inventory-to-Revenue for the six months ended in Feb. 2024 was 0.46.


Brikor Days Inventory Historical Data

The historical data trend for Brikor'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.

Brikor Days Inventory Chart

Brikor Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 70.59 70.08 55.19 73.43 90.58

Brikor Semi-Annual Data
Feb12 Aug12 Aug13 Feb15 Feb16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 68.25 62.31 94.90 90.03 94.57

Competitive Comparison of Brikor's Days Inventory

For the Building Materials subindustry, Brikor'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.


Brikor's Days Inventory Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Brikor's Days Inventory distribution charts can be found below:

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



Brikor Days Inventory Calculation

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

Brikor's Days Inventory for the fiscal year that ended in Feb. 2024 is calculated as

Days Inventory (A: Feb. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Feb. 2023 ) + Total Inventories (A: Feb. 2024 )) / count ) / Cost of Goods Sold (A: Feb. 2024 )*Days in Period
=( (63.787 + 75.462) / 2 ) / 280.556*365
=69.6245 / 280.556*365
=90.58

Brikor's Days Inventory for the quarter that ended in Feb. 2024 is calculated as:

Days Inventory (Q: Feb. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Aug. 2023 ) + Total Inventories (Q: Feb. 2024 )) / count ) / Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=( (72.331 + 75.462) / 2 ) / 142.598*365 / 2
=73.8965 / 142.598*365 / 2
=94.57

* 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.


Brikor  (JSE:BIK) 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.

Brikor's Inventory Turnover for the six months ended in Feb. 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.

Brikor's Inventory to Revenue for the six months ended in Feb. 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.


Brikor Days Inventory Related Terms

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


Brikor (JSE:BIK) Business Description

Traded in Other Exchanges
N/A
Address
1 Marievale Road, Vorsterskroon, Nigel, GT, ZAF, 1490
Brikor Ltd is a conglomerate company engaged in the manufacturing and supplying of bricks and mining of coal. The company operates in two segments which are Bricks, which include manufacturing and sales of bricks, and Coal which includes mining and sale of coal. The company earns the majority of its revenue from the Bricks segment.

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