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BeWhere Holdings (TSXV:BEW) Days Inventory : 34.00 (As of Dec. 2023)


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What is BeWhere Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). BeWhere Holdings's Average Total Inventories for the three months ended in Dec. 2023 was C$0.73 Mil. BeWhere Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was C$1.97 Mil. Hence, BeWhere Holdings's Days Inventory for the three months ended in Dec. 2023 was 34.00.

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

TSXV:BEW' s Days Inventory Range Over the Past 10 Years
Min: 19.18   Med: 48.3   Max: 85.75
Current: 35.59

During the past 13 years, BeWhere Holdings's highest Days Inventory was 85.75. The lowest was 19.18. And the median was 48.30.

TSXV:BEW's Days Inventory is ranked better than
90.74% of 2407 companies
in the Hardware industry
Industry Median: 103.77 vs TSXV:BEW: 35.59

BeWhere Holdings's Days Inventory declined from Dec. 2022 (56.64) to Dec. 2023 (34.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. BeWhere Holdings's Inventory Turnover for the three months ended in Dec. 2023 was 2.68.

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. BeWhere Holdings's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.23.


BeWhere Holdings Days Inventory Historical Data

The historical data trend for BeWhere Holdings'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.

BeWhere Holdings Days Inventory Chart

BeWhere Holdings 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 85.75 80.43 57.04 48.30 41.92

BeWhere Holdings 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 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 56.64 43.51 29.40 30.67 34.00

Competitive Comparison of BeWhere Holdings's Days Inventory

For the Communication Equipment subindustry, BeWhere Holdings'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.


BeWhere Holdings's Days Inventory Distribution in the Hardware Industry

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

* The bar in red indicates where BeWhere Holdings's Days Inventory falls into.



BeWhere Holdings Days Inventory Calculation

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

BeWhere Holdings'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
=( (0.855 + 0.85) / 2 ) / 7.422*365
=0.8525 / 7.422*365
=41.92

BeWhere Holdings'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
=( (0.619 + 0.85) / 2 ) / 1.971*365 / 4
=0.7345 / 1.971*365 / 4
=34.00

* 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.


BeWhere Holdings  (TSXV:BEW) 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.

BeWhere Holdings'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.

BeWhere Holdings'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.


BeWhere Holdings Days Inventory Related Terms

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


BeWhere Holdings (TSXV:BEW) Business Description

Traded in Other Exchanges
Address
2475 Skymark Avenue, Unit 4, Mississauga, ON, CAN, L4W 4Y6
BeWhere Holdings Inc is an internet provider of real-time information on equipment tools, and inventory in transit and at facilities serving the emergency service, construction, utility, and transportation industries. It designs and sells beacons and develops mobile applications, middle-ware, and cloud-based solutions enabling a level of operational visibility that was previously unavailable and cost prohibitive. The company derives revenue from the sale of beacons and their associated software, as well as professional services associated with customizing its products. Its products include Bluetooth Beacons, Gateways, NB-IoT and LTE-M.

BeWhere Holdings (TSXV:BEW) Headlines

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