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Bel Fuse (Bel Fuse) Days Inventory

: 142.04 (As of Dec. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). Bel Fuse's Average Total Inventories for the three months ended in Dec. 2023 was $138.3 Mil. Bel Fuse's Cost of Goods Sold for the three months ended in Dec. 2023 was $88.8 Mil. Hence, Bel Fuse's Days Inventory for the three months ended in Dec. 2023 was 142.04.

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

BELFA' s Days Inventory Range Over the Past 10 Years
Min: 83.85   Med: 104.26   Max: 133.01
Current: 132.94

During the past 13 years, Bel Fuse's highest Days Inventory was 133.01. The lowest was 83.85. And the median was 104.26.

BELFA's Days Inventory is ranked worse than
62.67% of 2403 companies
in the Hardware industry
Industry Median: 104.02 vs BELFA: 132.94

Bel Fuse's Days Inventory increased from Dec. 2022 (131.70) to Dec. 2023 (142.04). It might indicate that Bel Fuse's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Bel Fuse's Inventory Turnover for the three months ended in Dec. 2023 was 0.64.

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. Bel Fuse's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.99.


Bel Fuse Days Inventory Historical Data

The historical data trend for Bel Fuse'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.

Bel Fuse Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 108.49 109.39 106.85 120.89 133.01

Bel Fuse Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory 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 Premium Member Only Premium Member Only Premium Member Only 131.70 130.05 130.17 131.40 142.04

Competitive Comparison

For the Electronic Components subindustry, Bel Fuse'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.


Bel Fuse Days Inventory Distribution

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

* The bar in red indicates where Bel Fuse's Days Inventory falls into.



Bel Fuse Days Inventory Calculation

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

Bel Fuse'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
=( (172.465 + 136.54) / 2 ) / 423.964*365
=154.5025 / 423.964*365
=133.01

Bel Fuse'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
=( (139.997 + 136.54) / 2 ) / 88.827*365 / 4
=138.2685 / 88.827*365 / 4
=142.04

* 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.


Bel Fuse  (NAS:BELFA) 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.

Bel Fuse'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.

Bel Fuse'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.


Bel Fuse Days Inventory Related Terms

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


Bel Fuse (Bel Fuse) Business Description

Traded in Other Exchanges
Address
206 Van Vorst Street, Jersey City, NJ, USA, 07302
Bel Fuse Inc designs and manufactures electronic components that protect and connect electronic circuits. Its product portfolio is divided into three categories: magnetic solutions, power solutions & protection, and connectivity solutions. These products are used for the computer, networking, telecommunications, transportation and defense/aerospace, automotive, medical, and consumer electronics industries. Its geographical segments are the United States, Macao, United Kingdom, Slovakia, Germany, Switzerland, and All other foreign countries. Majority of the revenue is derived from United States.
Executives
Daniel Bernstein director, officer: President and CEO
Avi D Eden director
Mark B Segall director 251 WEST 89TH STREET APT 20, NEW YORK NY 10024
Thomas E Dooley director 1515 BROADWAY, NEW YORK NY 10036
Bittner Peter G. Iii officer: Vice President C/O BEL FUSE INC., 206 VAN VORST STREET, JERSEY CITY NJ 07302
Vincent Vellucci director C/O BEL FUSE INC., 206 VAN VORST STREET, JERSEY CITY NJ 07302
Rita V Smith director C/O BEL FUSE INC., 206 VAN VORST STREET, JERSEY CITY NJ 07302
Craig Brosious officer: Vice President of Finance C/O BEL FUSE INC., 206 VAN VORST STREET, JERSEY CITY NJ 07302
Peter E Gilbert director
John F Tweedy director
Robert H Simandl director
Dennis Ackerman officer: Vice President - Operations C/O BEL FUSE INC, 206 VAN VORST STREET, JERSEY NJ 07302
Eric M Nowling director STANDARD MICROSYSTEMS CORP, 80 ARKAY DRIVE, HAUPPAUGE NY 11788
Norman L. Yeung director C/O BEL FUSE INC., 206 VAN VORST STREET, JERSEY CITY NJ 07302
Raymond Cheung officer: Vice President-Asia Operations C/O BEL FUSE INC., 206 VAN VORST STREET, JERSEY CITY NJ 07302