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Bes Engineering Co (TPE:2515) Days Inventory : 458.82 (As of Mar. 2024)


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What is Bes Engineering Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Bes Engineering Co's Average Total Inventories for the three months ended in Mar. 2024 was NT$23,111 Mil. Bes Engineering Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$4,596 Mil. Hence, Bes Engineering Co's Days Inventory for the three months ended in Mar. 2024 was 458.82.

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

TPE:2515' s Days Inventory Range Over the Past 10 Years
Min: 138.72   Med: 315.42   Max: 428.48
Current: 419.09

During the past 13 years, Bes Engineering Co's highest Days Inventory was 428.48. The lowest was 138.72. And the median was 315.42.

TPE:2515's Days Inventory is ranked worse than
93.97% of 1392 companies
in the Construction industry
Industry Median: 49.18 vs TPE:2515: 419.09

Bes Engineering Co's Days Inventory increased from Mar. 2023 (433.76) to Mar. 2024 (458.82). It might indicate that Bes Engineering Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Bes Engineering Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.20.

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. Bes Engineering Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 4.70.


Bes Engineering Co Days Inventory Historical Data

The historical data trend for Bes Engineering 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.

Bes Engineering Co Days Inventory Chart

Bes Engineering Co 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 357.29 409.85 321.07 428.48 415.25

Bes Engineering Co 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 433.76 389.96 402.72 426.89 458.82

Competitive Comparison of Bes Engineering Co's Days Inventory

For the Engineering & Construction subindustry, Bes Engineering 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.


Bes Engineering Co's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Bes Engineering Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Bes Engineering Co's Days Inventory falls into.



Bes Engineering Co Days Inventory Calculation

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

Bes Engineering 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
=( (17049.491 + 22625.385) / 2 ) / 17436.809*365
=19837.438 / 17436.809*365
=415.25

Bes Engineering 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
=( (22625.385 + 23597.244) / 2 ) / 4596.406*365 / 4
=23111.3145 / 4596.406*365 / 4
=458.82

* 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.


Bes Engineering Co  (TPE:2515) 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.

Bes Engineering 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.

Bes Engineering Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=23111.3145 / 4921.142
=4.70

* 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.


Bes Engineering Co Days Inventory Related Terms

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


Bes Engineering Co (TPE:2515) Business Description

Traded in Other Exchanges
N/A
Address
No. 12, Dongxing Road, 6th Floor, Songshan District, Taipei, TWN
Bes Engineering Co is a Taiwan-based company that is engaged in civil engineering and construction, real estate development, and industrial estate building. The civil construction projects carried out by the company encompass transportation facilities, pipeline projects, water and marine projects, high-tech factories, and so on. The real estate projects developed by the company include high-rise buildings, large-scale community development projects, and others. The industrial estate projects developed by the company comprise various industrial parks planned by local governments.

Bes Engineering Co (TPE:2515) Headlines

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