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Bee Vectoring Technologies International (XCNQ:BEE) Days Inventory : 3,239.38 (As of Dec. 2023)


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What is Bee Vectoring Technologies International Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Bee Vectoring Technologies International's Average Total Inventories for the three months ended in Dec. 2023 was C$0.07 Mil. Bee Vectoring Technologies International's Cost of Goods Sold for the three months ended in Dec. 2023 was C$0.00 Mil. Hence, Bee Vectoring Technologies International's Days Inventory for the three months ended in Dec. 2023 was 3,239.38.

The historical rank and industry rank for Bee Vectoring Technologies International's Days Inventory or its related term are showing as below:

XCNQ:BEE' s Days Inventory Range Over the Past 10 Years
Min: 51.92   Med: 66.89   Max: 163.73
Current: 163.73

During the past 13 years, Bee Vectoring Technologies International's highest Days Inventory was 163.73. The lowest was 51.92. And the median was 66.89.

XCNQ:BEE's Days Inventory is ranked worse than
70.74% of 229 companies
in the Agriculture industry
Industry Median: 111.24 vs XCNQ:BEE: 163.73

Bee Vectoring Technologies International's Days Inventory increased from Sep. 2022 (161.64) to Dec. 2023 (3,239.38). It might indicate that Bee Vectoring Technologies International's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Bee Vectoring Technologies International's Inventory Turnover for the three months ended in Dec. 2023 was 0.03.

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. Bee Vectoring Technologies International's Inventory-to-Revenue for the three months ended in Dec. 2023 was 4.18.


Bee Vectoring Technologies International Days Inventory Historical Data

The historical data trend for Bee Vectoring Technologies International'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.

Bee Vectoring Technologies International Days Inventory Chart

Bee Vectoring Technologies International Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 146.00 53.62 51.92 66.89 82.90

Bee Vectoring Technologies International Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
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 161.64 338.93 45.36 - 3,239.38

Competitive Comparison of Bee Vectoring Technologies International's Days Inventory

For the Agricultural Inputs subindustry, Bee Vectoring Technologies International'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.


Bee Vectoring Technologies International's Days Inventory Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Bee Vectoring Technologies International's Days Inventory distribution charts can be found below:

* The bar in red indicates where Bee Vectoring Technologies International's Days Inventory falls into.



Bee Vectoring Technologies International Days Inventory Calculation

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

Bee Vectoring Technologies International's Days Inventory for the fiscal year that ended in Sep. 2023 is calculated as

Days Inventory (A: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Sep. 2022 ) + Total Inventories (A: Sep. 2023 )) / count ) / Cost of Goods Sold (A: Sep. 2023 )*Days in Period
=( (0.06 + 0.069) / 2 ) / 0.284*365
=0.0645 / 0.284*365
=82.90

Bee Vectoring Technologies International's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0.069 + 0.073) / 2 ) / 0.002*365 / 4
=0.071 / 0.002*365 / 4
=3,239.38

* 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.


Bee Vectoring Technologies International  (XCNQ:BEE) 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.

Bee Vectoring Technologies International's Inventory Turnover for the three months ended in Dec. 2023 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.

Bee Vectoring Technologies International's Inventory to Revenue for the three months ended in Dec. 2023 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.


Bee Vectoring Technologies International Days Inventory Related Terms

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


Bee Vectoring Technologies International (XCNQ:BEE) Business Description

Traded in Other Exchanges
Address
4160 Sladeview Crescent, Suite 7, Mississauga, ON, CAN, L5L 0A1
Bee Vectoring Technologies International Inc through its subsidiary is focused on the control of pests and enhancement of crops and ornamentals by biological controls in a variety of application processes. Its solution includes The Hive and Bees; and Vectorpak with Vectorite.

Bee Vectoring Technologies International (XCNQ:BEE) Headlines