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Brighton-Best Internation (Taiwan) (ROCO:8415) Days Inventory : 363.53 (As of Mar. 2024)


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What is Brighton-Best Internation (Taiwan) Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Brighton-Best Internation (Taiwan)'s Average Total Inventories for the three months ended in Mar. 2024 was NT$15,188 Mil. Brighton-Best Internation (Taiwan)'s Cost of Goods Sold for the three months ended in Mar. 2024 was NT$3,812 Mil. Hence, Brighton-Best Internation (Taiwan)'s Days Inventory for the three months ended in Mar. 2024 was 363.53.

The historical rank and industry rank for Brighton-Best Internation (Taiwan)'s Days Inventory or its related term are showing as below:

ROCO:8415' s Days Inventory Range Over the Past 10 Years
Min: 257.33   Med: 359   Max: 454.6
Current: 369.67

During the past 13 years, Brighton-Best Internation (Taiwan)'s highest Days Inventory was 454.60. The lowest was 257.33. And the median was 359.00.

ROCO:8415's Days Inventory is ranked worse than
93.02% of 2910 companies
in the Industrial Products industry
Industry Median: 120.69 vs ROCO:8415: 369.67

Brighton-Best Internation (Taiwan)'s Days Inventory increased from Mar. 2023 (358.91) to Mar. 2024 (363.53). It might indicate that Brighton-Best Internation (Taiwan)'s sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Brighton-Best Internation (Taiwan)'s Inventory Turnover for the three months ended in Mar. 2024 was 0.25.

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. Brighton-Best Internation (Taiwan)'s Inventory-to-Revenue for the three months ended in Mar. 2024 was 2.66.


Brighton-Best Internation (Taiwan) Days Inventory Historical Data

The historical data trend for Brighton-Best Internation (Taiwan)'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.

Brighton-Best Internation (Taiwan) Days Inventory Chart

Brighton-Best Internation (Taiwan) Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 278.92 355.75 257.33 294.35 362.24

Brighton-Best Internation (Taiwan) 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 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 358.91 362.10 382.59 385.16 363.53

Competitive Comparison of Brighton-Best Internation (Taiwan)'s Days Inventory

For the Tools & Accessories subindustry, Brighton-Best Internation (Taiwan)'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.


Brighton-Best Internation (Taiwan)'s Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Brighton-Best Internation (Taiwan)'s Days Inventory distribution charts can be found below:

* The bar in red indicates where Brighton-Best Internation (Taiwan)'s Days Inventory falls into.



Brighton-Best Internation (Taiwan) Days Inventory Calculation

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

Brighton-Best Internation (Taiwan)'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
=( (17342.227 + 15227.702) / 2 ) / 16409.255*365
=16284.9645 / 16409.255*365
=362.24

Brighton-Best Internation (Taiwan)'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
=( (15227.702 + 15148.716) / 2 ) / 3812.412*365 / 4
=15188.209 / 3812.412*365 / 4
=363.53

* 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.


Brighton-Best Internation (Taiwan)  (ROCO:8415) 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.

Brighton-Best Internation (Taiwan)'s Inventory Turnover for the three months ended in Mar. 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.

Brighton-Best Internation (Taiwan)'s Inventory to Revenue for the three months ended in Mar. 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.


Brighton-Best Internation (Taiwan) Days Inventory Related Terms

Thank you for viewing the detailed overview of Brighton-Best Internation (Taiwan)'s Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Brighton-Best Internation (Taiwan) (ROCO:8415) Business Description

Traded in Other Exchanges
N/A
Address
Number 122, Yi-lin road, Rende Toenship, Tainan, TWN, 71752
Brighton-Best Internation (Taiwan) Inc supplies and distributes steel-related components and products. It has divided its products into Preferred tools, Fasteners, Drilling screws, and Cutting tools divisions. Its products are Magnetic nut setters, Preferred pipe wrenches, Bolts, Drywall screws, Straight shank carbide drill bits, Drilling screws, etc.

Brighton-Best Internation (Taiwan) (ROCO:8415) Headlines

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