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Best World International (SGX:CGN) Days Inventory : 144.35 (As of Dec. 2023)


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What is Best World International Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Best World International's Average Total Inventories for the three months ended in Dec. 2023 was S$67.0 Mil. Best World International's Cost of Goods Sold for the three months ended in Dec. 2023 was S$42.4 Mil. Hence, Best World International's Days Inventory for the three months ended in Dec. 2023 was 144.35.

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

SGX:CGN' s Days Inventory Range Over the Past 10 Years
Min: 129.32   Med: 195.29   Max: 279.01
Current: 202.1

During the past 13 years, Best World International's highest Days Inventory was 279.01. The lowest was 129.32. And the median was 195.29.

SGX:CGN's Days Inventory is ranked worse than
86.95% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 82.1 vs SGX:CGN: 202.10

Best World International's Days Inventory increased from Dec. 2022 (130.73) to Dec. 2023 (144.35). It might indicate that Best World International's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Best World International's Inventory Turnover for the three months ended in Dec. 2023 was 0.63.

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. Best World International's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.33.


Best World International Days Inventory Historical Data

The historical data trend for Best World 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.

Best World International Days Inventory Chart

Best World International 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 224.81 275.49 279.01 225.67 195.63

Best World International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 130.73 279.92 197.34 262.65 144.35

Competitive Comparison of Best World International's Days Inventory

For the Household & Personal Products subindustry, Best World 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.


Best World International's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Best World International's Days Inventory distribution charts can be found below:

* The bar in red indicates where Best World International's Days Inventory falls into.



Best World International Days Inventory Calculation

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

Best World International'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
=( (53.29 + 63.659) / 2 ) / 109.102*365
=58.4745 / 109.102*365
=195.63

Best World 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
=( (70.407 + 63.659) / 2 ) / 42.374*365 / 4
=67.033 / 42.374*365 / 4
=144.35

* 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.


Best World International  (SGX:CGN) 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.

Best World 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.

Best World 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.


Best World International Days Inventory Related Terms

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


Best World International (SGX:CGN) Business Description

Traded in Other Exchanges
N/A
Address
20 Pasir Panjang Road, No. 08-28 Mapletree Business City, Singapore, SGP, 117439
Best World International Ltd is an investment holding company and the distribution of nutritional supplement products, personal care products and healthcare equipment. The company's segment includes Direct selling; Franchise and others. It generates maximum revenue from the Direct selling segment. The Direct selling segment mainly comprises sales to customers through retail and online channels in Singapore, Malaysia, Indonesia, Thailand, Taiwan, Hong Kong, Vietnam, Philippines, Korea, Australia, New Zealand, United States, and United Arab Emirates.

Best World International (SGX:CGN) Headlines

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