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Bidvest Group (JSE:BVT) Days Inventory : 63.38 (As of Jun. 2024)


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What is Bidvest Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Bidvest Group's Average Total Inventories for the six months ended in Jun. 2024 was R15,118 Mil. Bidvest Group's Cost of Goods Sold for the six months ended in Jun. 2024 was R43,532 Mil. Hence, Bidvest Group's Days Inventory for the six months ended in Jun. 2024 was 63.38.

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

JSE:BVT' s Days Inventory Range Over the Past 10 Years
Min: 56.03   Med: 60.24   Max: 110.42
Current: 61.5

During the past 13 years, Bidvest Group's highest Days Inventory was 110.42. The lowest was 56.03. And the median was 60.24.

JSE:BVT's Days Inventory is ranked better than
57.53% of 478 companies
in the Conglomerates industry
Industry Median: 74.36 vs JSE:BVT: 61.50

Bidvest Group's Days Inventory increased from Jun. 2023 (60.76) to Jun. 2024 (63.38). It might indicate that Bidvest Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Bidvest Group's Inventory Turnover for the six months ended in Jun. 2024 was 2.88.

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. Bidvest Group's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.25.


Bidvest Group Days Inventory Historical Data

The historical data trend for Bidvest Group'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.

Bidvest Group Days Inventory Chart

Bidvest Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 67.43 63.18 56.03 57.02 60.33

Bidvest Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 57.13 56.01 60.76 60.80 63.38

Competitive Comparison of Bidvest Group's Days Inventory

For the Conglomerates subindustry, Bidvest Group'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.


Bidvest Group's Days Inventory Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Bidvest Group's Days Inventory distribution charts can be found below:

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



Bidvest Group Days Inventory Calculation

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

Bidvest Group's Days Inventory for the fiscal year that ended in Jun. 2024 is calculated as

Days Inventory (A: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2023 ) + Total Inventories (A: Jun. 2024 )) / count ) / Cost of Goods Sold (A: Jun. 2024 )*Days in Period
=( (14111.588 + 14894.387) / 2 ) / 87739.492*365
=14502.9875 / 87739.492*365
=60.33

Bidvest Group's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (15341.923 + 14894.387) / 2 ) / 43531.739*365 / 2
=15118.155 / 43531.739*365 / 2
=63.38

* 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.


Bidvest Group  (JSE:BVT) 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.

Bidvest Group's Inventory Turnover for the six months ended in Jun. 2024 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.

Bidvest Group's Inventory to Revenue for the six months ended in Jun. 2024 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.


Bidvest Group Days Inventory Related Terms

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


Bidvest Group Business Description

Traded in Other Exchanges
Address
18 Crescent Drive, Bidvest House, Melrose Arch, Melrose, Johannesburg, GT, ZAF, 2196
Bidvest Group Ltd is a South African distribution, manufacturing, and services company. The Group principally generates revenue from providing a wide range of goods and services through its segments; Services International, Services South Africa, Freight, Commercial Products, Branded Products, Financial Services and Automotive, Adcock Ingram, Properties and Corporate and Investments. The company earns majority of its revenue from Services International.

Bidvest Group Headlines

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