BOS Better Online Solutions (BOS Better Online Solutions) Days Inventory : 68.94 (As of Dec. 2023)

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What is BOS Better Online Solutions Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). BOS Better Online Solutions's Average Total Inventories for the three months ended in Dec. 2023 was $6.65 Mil. BOS Better Online Solutions's Cost of Goods Sold for the three months ended in Dec. 2023 was $8.80 Mil. Hence, BOS Better Online Solutions's Days Inventory for the three months ended in Dec. 2023 was 68.94.

The historical rank and industry rank for BOS Better Online Solutions's Days Inventory or its related term are showing as below:

BOSC' s Days Inventory Range Over the Past 10 Years
Min: 39.76 Med: 54.37 Max: 71.65
Current: 71.65

During the past 13 years, BOS Better Online Solutions's highest Days Inventory was 71.65. The lowest was 39.76. And the median was 54.37.

BOSC's Days Inventory is ranked better than
69.36% of 2405 companies
in the Hardware industry
Industry Median: 103.88 vs BOSC: 71.65

BOS Better Online Solutions's Days Inventory increased from Dec. 2022 (66.69) to Dec. 2023 (68.94). It might indicate that BOS Better Online Solutions's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. BOS Better Online Solutions's Inventory Turnover for the three months ended in Dec. 2023 was 1.32.

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. BOS Better Online Solutions's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.61.

BOS Better Online Solutions Days Inventory Historical Data

The historical data trend for BOS Better Online Solutions'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.

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BOS Better Online Solutions Days Inventory Chart

BOS Better Online Solutions Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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55.65

68.38

70.43

67.49

65.25

BOS Better Online Solutions 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															66.69	64.33	74.56	87.48	68.94

Competitive Comparison of BOS Better Online Solutions's Days Inventory

For the Communication Equipment subindustry, BOS Better Online Solutions'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.

BOS Better Online Solutions's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, BOS Better Online Solutions's Days Inventory distribution charts can be found below:

* The bar in red indicates where BOS Better Online Solutions's Days Inventory falls into.

BOS Better Online Solutions Days Inventory Calculation

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

BOS Better Online Solutions'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
=	( (6.433	+	6.07)	/	2 )	/	34.97	*	365
=	6.2515					/	34.97	*	365
=	65.25

BOS Better Online Solutions'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
=	( (7.221	+	6.07)	/	2 )	/	8.796	*	365 / 4
=	6.6455					/	8.796	*	365 / 4
=	68.94

BOS Better Online Solutions (NAS:BOSC) 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.

BOS Better Online Solutions's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	8.796	/	6.6455
	=	1.32

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.

BOS Better Online Solutions's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	6.6455	/	10.887
	=	0.61

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.

BOS Better Online Solutions Days Inventory Related Terms

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

BOS Better Online Solutions (BOS Better Online Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » BOS Better Online Solutions Ltd (NAS:BOSC) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

20 Freiman Street, Rishon LeZion, ISR, 7535825

Website

https://www.boscom.com

BOS Better Online Solutions Ltd is a provider of Intelligent Robotics and Supply Chain solutions for enterprises. The company manages its business in three reportable divisions: the Intelligent Robotics segment, the RFID Division segment, and the Supply Chain Solutions segment. The majority of revenue derives from Supply Chain Solutions which distributes electro-mechanical components, mainly to customers in the aerospace, defense, and other industries, and is a supply chain service provider for aviation customers that seek a comprehensive solution to their components-supply needs. Geographically company derives the majority of its revenue from Israel.