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Shekel Brainweigh (ASX:SBW) Days Inventory : 98.94 (As of Dec. 2023)


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What is Shekel Brainweigh Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shekel Brainweigh's Average Total Inventories for the six months ended in Dec. 2023 was A$7.22 Mil. Shekel Brainweigh's Cost of Goods Sold for the six months ended in Dec. 2023 was A$13.32 Mil. Hence, Shekel Brainweigh's Days Inventory for the six months ended in Dec. 2023 was 98.94.

The historical rank and industry rank for Shekel Brainweigh's Days Inventory or its related term are showing as below:

ASX:SBW' s Days Inventory Range Over the Past 10 Years
Min: 98.16   Med: 115.24   Max: 122.7
Current: 99.56

During the past 7 years, Shekel Brainweigh's highest Days Inventory was 122.70. The lowest was 98.16. And the median was 115.24.

ASX:SBW's Days Inventory is ranked better than
52.31% of 2407 companies
in the Hardware industry
Industry Median: 103.77 vs ASX:SBW: 99.56

Shekel Brainweigh's Days Inventory declined from Dec. 2022 (118.35) to Dec. 2023 (98.94).

Inventory Turnover measures how fast the company turns over its inventory within a year. Shekel Brainweigh's Inventory Turnover for the six months ended in Dec. 2023 was 1.84.

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. Shekel Brainweigh's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.35.


Shekel Brainweigh Days Inventory Historical Data

The historical data trend for Shekel Brainweigh'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.

Shekel Brainweigh Days Inventory Chart

Shekel Brainweigh Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 118.07 122.70 114.80 109.11 98.16

Shekel Brainweigh Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 122.38 110.05 118.35 101.43 98.94

Competitive Comparison of Shekel Brainweigh's Days Inventory

For the Scientific & Technical Instruments subindustry, Shekel Brainweigh'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.


Shekel Brainweigh's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shekel Brainweigh's Days Inventory distribution charts can be found below:

* The bar in red indicates where Shekel Brainweigh's Days Inventory falls into.



Shekel Brainweigh Days Inventory Calculation

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

Shekel Brainweigh'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
=( (7.579 + 6.914) / 2 ) / 26.946*365
=7.2465 / 26.946*365
=98.16

Shekel Brainweigh'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: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (7.527 + 6.914) / 2 ) / 13.319*365 / 2
=7.2205 / 13.319*365 / 2
=98.94

* 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.


Shekel Brainweigh  (ASX:SBW) 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.

Shekel Brainweigh's Inventory Turnover for the six 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.

Shekel Brainweigh's Inventory to Revenue for the six 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.


Shekel Brainweigh Days Inventory Related Terms

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


Shekel Brainweigh (ASX:SBW) Business Description

Traded in Other Exchanges
N/A
Address
Kibbutz Beit Keshet, Lower Galilee Mobile Mail, Nazareth, ISR, 1524700
Shekel Brainweight Ltd is engaged in developing, manufacturing, and distributing weighing systems for the retail, healthcare, and industrial markets. The company has three reportable segments which include Retail, Healthcare, and Industry. The majority of revenue derives from the Healthcare and Retail segment.

Shekel Brainweigh (ASX:SBW) Headlines

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