Baijiayun Group (Baijiayun Group) Total Inventories : $8.06 Mil (As of Dec. 2023)

View and export this data going back to 2006. Start your Free Trial

What is Baijiayun Group Total Inventories?

Baijiayun Group's total inventories for the quarter that ended in Dec. 2023 was $8.06 Mil. Baijiayun Group's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was $6.82 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Baijiayun Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-0.05.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Baijiayun Group's Days Inventory for the six months ended in Dec. 2023 was 52.49.

Inventory Turnover measures how fast the company turns over its inventory within a year. Baijiayun Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.48.

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. Baijiayun Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.22.

Baijiayun Group Total Inventories Historical Data

The historical data trend for Baijiayun Group's Total Inventories 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.

Baijiayun Group Total Inventories Chart

Baijiayun Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Jun22

Jun23

Total Inventories

Get a 7-Day Free Trial

3.37

3.89

5.56

1.83

5.57

Baijiayun Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Inventories	Get a 7-Day Free Trial															5.56	1.83	4.34	5.57	8.06

Baijiayun Group Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Baijiayun Group (NAS:RTC) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Baijiayun Group's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

	Net-Net Working Capital Per Share (Q: Dec. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(37.869	+	0.75 * 32.112	+	0.5 * 8.062	-	70.175
-	0	-	-0.028)	/	87.6927
=	-0.05

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

Baijiayun Group's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	6.815	/	23.696	*	365 / 2
	=	52.49

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Baijiayun Group's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2023 )	/	Average Total Inventories (Q: Dec. 2023 )
	=	23.696	/	6.815
	=	3.48

4. 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.

Baijiayun Group's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	6.815	/	30.54
	=	0.22

Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

Baijiayun Group Total Inventories Related Terms

Thank you for viewing the detailed overview of Baijiayun Group's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

Baijiayun Group (Baijiayun Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Baijiayun Group Ltd (NAS:RTC) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

F4B1:Germany

Address

No. 32 Fengzhan Road, 24th Floor, A1 South Building, Yuhuatai District, Nanjing, CHN, 210000

Website

https://ir.baijiayun.com

Baijiayun Group Ltd is a ToB video cloud technology service provider that solves various pain points and needs in the field of video technology applications for enterprises. The group supplies energy for the digital development of enterprises through audio and video technology. The firm provides video technology solutions to enterprises and government agencies in various fields such as automobiles, finance, education, and medical care. Baijiayun has created three categories of product services namely video SaaS/PaaS business, video cloud products and software, and video system solutions. It has set up multiple R&D centers, branches, and offices across the country, enabling video technology to create industrial value and promote the development of the real economy.