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Boxed (BOXDQ) Days Inventory : 32.23 (As of Sep. 2022)


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What is Boxed Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Boxed's Average Total Inventories for the three months ended in Sep. 2022 was $13.0 Mil. Boxed's Cost of Goods Sold for the three months ended in Sep. 2022 was $36.9 Mil. Hence, Boxed's Days Inventory for the three months ended in Sep. 2022 was 32.23.

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

BOXDQ's Days Inventory is not ranked *
in the Retail - Cyclical industry.
Industry Median: 110.605
* Ranked among companies with meaningful Days Inventory only.

Boxed's Days Inventory declined from Sep. 2021 (32.44) to Sep. 2022 (32.23).

Inventory Turnover measures how fast the company turns over its inventory within a year. Boxed's Inventory Turnover for the three months ended in Sep. 2022 was 2.83.

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. Boxed's Inventory-to-Revenue for the three months ended in Sep. 2022 was 0.31.


Boxed Days Inventory Historical Data

The historical data trend for Boxed'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.

Boxed Days Inventory Chart

Boxed Annual Data
Trend Dec18 Dec19 Dec20 Dec21
Days Inventory
- 31.23 31.69 31.87

Boxed Quarterly Data
Dec18 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 32.44 29.06 27.57 31.40 32.23

Competitive Comparison of Boxed's Days Inventory

For the Internet Retail subindustry, Boxed'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.


Boxed's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Boxed's Days Inventory distribution charts can be found below:

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



Boxed Days Inventory Calculation

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

Boxed's Days Inventory for the fiscal year that ended in Dec. 2021 is calculated as

Days Inventory (A: Dec. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2020 ) + Total Inventories (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (13.965 + 11.428) / 2 ) / 145.389*365
=12.6965 / 145.389*365
=31.87

Boxed's Days Inventory for the quarter that ended in Sep. 2022 is calculated as:

Days Inventory (Q: Sep. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2022 ) + Total Inventories (Q: Sep. 2022 )) / count ) / Cost of Goods Sold (Q: Sep. 2022 )*Days in Period
=( (15.01 + 11.081) / 2 ) / 36.93*365 / 4
=13.0455 / 36.93*365 / 4
=32.23

* 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.


Boxed  (OTCPK:BOXDQ) 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.

Boxed's Inventory Turnover for the three months ended in Sep. 2022 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.

Boxed's Inventory to Revenue for the three months ended in Sep. 2022 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.


Boxed Days Inventory Related Terms

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


Boxed (BOXDQ) Business Description

Traded in Other Exchanges
N/A
Address
451 Broadway, Floor 2, New York, NY, USA, 10013
Boxed Inc is an e-commerce platform selling bulk, high-repeat consumables to consumers and businesses. It offers wholesale products such as groceries, snacks, beverages, and household and cleaning products. It operates in two segments: Boxed Retail, which generates the majority revenue; and Boxed Software & Services. Retail segment engages in the sale of consumer products and goods in bulk sizes to consumers and businesses in the continental United States. Software & Services segment relates to its research, development, marketing, and production of our propriety software for sale to third parties.
Executives
Pamela B Corrie director 100 PIER 1 PLACE, FORT WORTH TX 76102
David Michael Miller officer: Chief Technology Officer C/O GIDDY INC., 451 BROADWAY, 2ND FLOOR, NEW YORK NY 10013
Alison Weick officer: President, E-Commerce C/O GIDDY INC., 451 BROADWAY, 2ND FLOOR, NEW YORK NY 10013
Mark Zimowski officer: Chief Financial Officer C/O GIDDY INC., 451 BROADWAY, 2ND FLOOR, NEW YORK NY 10013
Jared Yaman director, officer: Chief Operating Officer C/O GIDDY INC., 451 BROADWAY, 2ND FLOOR, NEW YORK NY 10013
Chieh E. Huang director, officer: Chief Executive Officer C/O GIDDY INC., 451 BROADWAY, 2ND FLOOR, NEW YORK NY 10013
Tsukasa Ojima director C/O BOXED, INC., 451 BROADWAY, 2ND FLOOR, NEW YORK NY 10013
David Liu director C/O XO GROUP INC., 195 BROADWAY, 25TH FLOOR, NEW YORK NY 10007
Andrew C. Pearson officer: Chief Financial Officer 445 PARK AVENUE, 17TH FLOOR, NEW YORK NY 10022
Yun Jung Choi officer: General Counsel & Secretary C/O BOXED, INC., 451 BROADWAY, 2ND FLOOR, NEW YORK NY 10013
Veracelle A Vega-hansen officer: Chief People Officer C/O BOXED, INC., 451 BROADWAY, 2ND FLOOR, NEW YORK NY 10013
Gary S Matthews other: See Remarks 5433 WESTHEIMER ROAD, SUITE 500, HOUSTON TX 77056
Acm Arrt Vii D Llc 10 percent owner ONE ROCKEFELLER PLAZA, 32ND FLOOR, NEW YORK NY 10022
Harshul Sanghi director C/O GIDDY INC., 451 BROADWAY, 2ND FLOOR, NEW YORK NY 10013
Moore Emerson S. Ii director C/O GIDDY INC., 451 BROADWAY, 2ND FLOOR, NEW YORK NY 10013