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Boen Group Co (SZSE:001366) Days Inventory : 67.46 (As of Mar. 2024)


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What is Boen Group Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Boen Group Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥152 Mil. Boen Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥205 Mil. Hence, Boen Group Co's Days Inventory for the three months ended in Mar. 2024 was 67.46.

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

SZSE:001366' s Days Inventory Range Over the Past 10 Years
Min: 26.16   Med: 37.64   Max: 51.5
Current: 51.5

During the past 6 years, Boen Group Co's highest Days Inventory was 51.50. The lowest was 26.16. And the median was 37.64.

SZSE:001366's Days Inventory is ranked better than
74.08% of 1786 companies
in the Consumer Packaged Goods industry
Industry Median: 82.175 vs SZSE:001366: 51.50

Boen Group Co's Days Inventory increased from Mar. 2023 (45.59) to Mar. 2024 (67.46). It might indicate that Boen Group Co'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. Boen Group Co's Inventory Turnover for the three months ended in Mar. 2024 was 1.35.

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. Boen Group Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.63.


Boen Group Co Days Inventory Historical Data

The historical data trend for Boen Group Co'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.

Boen Group Co Days Inventory Chart

Boen Group Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 42.03 26.16 28.18 37.52 47.16

Boen Group Co Quarterly Data
Dec18 Dec19 Dec20 Jun21 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 45.59 45.45 46.32 50.55 67.46

Competitive Comparison of Boen Group Co's Days Inventory

For the Farm Products subindustry, Boen Group Co'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.


Boen Group Co's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Boen Group Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Boen Group Co's Days Inventory falls into.



Boen Group Co Days Inventory Calculation

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

Boen Group Co'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
=( (169.844 + 148.379) / 2 ) / 1231.474*365
=159.1115 / 1231.474*365
=47.16

Boen Group Co'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
=( (148.379 + 155.234) / 2 ) / 205.355*365 / 4
=151.8065 / 205.355*365 / 4
=67.46

* 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.


Boen Group Co  (SZSE:001366) 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.

Boen Group Co'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.

Boen Group Co'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.


Boen Group Co Days Inventory Related Terms

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Boen Group Co (SZSE:001366) Business Description

Traded in Other Exchanges
N/A
Address
Middle Section of Yingbin Avenue, Economic and Technological Development Zone, Jiangxi Province, Ganzhou, CHN, 341003
Boen Group Co Ltd is engaged in the research and development, production and sales of feed.

Boen Group Co (SZSE:001366) Headlines

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