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FLX (BingEx) Days Inventory : 0.00 (As of Sep. 2024)


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What is BingEx Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). BingEx's Average Total Inventories for the three months ended in Sep. 2024 was $0.0 Mil. BingEx's Cost of Goods Sold for the three months ended in Sep. 2024 was $144.8 Mil. Hence, BingEx's Days Inventory for the three months ended in Sep. 2024 was 0.00.

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

FLX's Days Inventory is not ranked *
in the Transportation industry.
Industry Median: 11.97
* Ranked among companies with meaningful Days Inventory only.

BingEx's Days Inventory stayed the same from Sep. 2023 (0.00) to Sep. 2024 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. BingEx's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.00.

BingEx Days Inventory Historical Data

The historical data trend for BingEx'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.

BingEx Days Inventory Chart

BingEx Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
- - - - -

BingEx Quarterly Data
Dec19 Mar20 Dec20 Mar21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - - - - -

Competitive Comparison of BingEx's Days Inventory

For the Integrated Freight & Logistics subindustry, BingEx'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.

BingEx's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, BingEx's Days Inventory distribution charts can be found below:

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


BingEx Days Inventory Calculation

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

BingEx'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 + 0) / 1 ) / 579.014*365
=0 / 579.014*365
=0.00

BingEx's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 144.779*365 / 4
=0 / 144.779*365 / 4
=0.00

* 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.

BingEx  (NAS:FLX) 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.

BingEx's Inventory Turnover for the three months ended in Sep. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=144.779 / 0
=

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.

BingEx's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0 / 163.198
=0.00

* 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.

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.

BingEx Days Inventory Related Terms

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

BingEx Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » BingEx Ltd (NAS:FLX) » Definitions » Days Inventory
Comparable Companies
Traded in Other Exchanges
N/A
Address
No.1 Yongtaizhuang North Road, Zhongguancun Dongsheng International Science Park, Haidian District, Beijing, CHN, 100192
Website
http://www.ishansong.com
BingEx Ltd provides on-demand dedicated courier services for individual and business customers with superior time certainty, delivery safety and service quality. The company brands its services as FlashEx, which means delivery in a flash. The Group's principal operations and geographic markets are in the People's Republic of China (PRC).