Bemax (BMXC) Days Inventory : 230.53 (As of May. 2017)

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What is Bemax Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Bemax's Average Total Inventories for the six months ended in May. 2017 was $0.19 Mil. Bemax's Cost of Goods Sold for the six months ended in May. 2017 was $0.30 Mil. Hence, Bemax's Days Inventory for the six months ended in May. 2017 was 115.26.

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

BMXC's Days Inventory is not ranked ^*
in the Consumer Packaged Goods industry.
Industry Median: 81.54
* Ranked among companies with meaningful Days Inventory only.

Bemax's Days Inventory increased from May. 2015 (0.00) to May. 2017 (230.53). It might indicate that Bemax's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Bemax's Inventory Turnover for the six months ended in May. 2017 was 1.58.

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. Bemax's Inventory-to-Revenue for the six months ended in May. 2017 was 1.32.

Bemax Days Inventory Historical Data

The historical data trend for Bemax'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.

Bemax Days Inventory Chart

Bemax Annual Data

Trend

May14

May15

May16

May17

Days Inventory

145.39

230.53

Bemax Semi-Annual Data
	May14	May15	May16	May17
Days Inventory	-	-	145.39	230.53

Competitive Comparison of Bemax's Days Inventory

For the Household & Personal Products subindustry, Bemax'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.

Bemax's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Bemax's Days Inventory distribution charts can be found below:

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

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Bemax Days Inventory Calculation

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

Bemax's Days Inventory for the fiscal year that ended in May. 2017 is calculated as

	Days Inventory (A: May. 2017 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: May. 2016 )	+	Total Inventories (A: May. 2017 ))	/	count )	/	Cost of Goods Sold (A: May. 2017 )	*	Days in Period
=	( (0.19	+	0.194)	/	2 )	/	0.304	*	365
=	0.192					/	0.304	*	365
=	230.53

Bemax's Days Inventory for the quarter that ended in May. 2017 is calculated as:

	Days Inventory (Q: May. 2017 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: May. 2016 )	+	Total Inventories (Q: May. 2017 ))	/	count )	/	Cost of Goods Sold (Q: May. 2017 )	*	Days in Period
=	( (0.19	+	0.194)	/	2 )	/	0.304	*	365 / 2
=	0.192					/	0.304	*	365 / 2
=	115.26

Bemax (OTCPK:BMXC) 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.

Bemax's Inventory Turnover for the six months ended in May. 2017 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.304	/	0.192
	=	1.58

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.

Bemax's Inventory to Revenue for the six months ended in May. 2017 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.192	/	0.145
	=	1.32

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.

Bemax Days Inventory Related Terms

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

Bemax Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Bemax Inc (OTCPK:BMXC) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

625 Silver Oak Drive, Dallas, GA, USA, 30132

Website

https://www.bemaxinc.com

Bemax Inc is a United States-based company. The company is engaged in the business of exporting disposable baby diapers manufactured in the United States and Asia and then distributing them to Europe and South Africa. It distributes its products through existing Bemax distribution channels of wholesalers and retailers in Europe and emerging African markets as well as to buyers online through the Bemax e-commerce website. The brands include Modenna, Mother's Touch, and Mother's Choice.

Executives

Taiwo Aimasiko

director, officer: CEO

625 SILVER OAK DRIVE, DALLAS GA 30132