Brighton-Best Internation (Taiwan) (ROCO:8415) Days Inventory : 343.74 (As of Sep. 2024)

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What is Brighton-Best Internation (Taiwan) Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Brighton-Best Internation (Taiwan)'s Average Total Inventories for the three months ended in Sep. 2024 was NT$14,485 Mil. Brighton-Best Internation (Taiwan)'s Cost of Goods Sold for the three months ended in Sep. 2024 was NT$3,845 Mil. Hence, Brighton-Best Internation (Taiwan)'s Days Inventory for the three months ended in Sep. 2024 was 343.74.

The historical rank and industry rank for Brighton-Best Internation (Taiwan)'s Days Inventory or its related term are showing as below:

ROCO:8415' s Days Inventory Range Over the Past 10 Years
Min: 257.33 Med: 359 Max: 454.6
Current: 362.03

During the past 13 years, Brighton-Best Internation (Taiwan)'s highest Days Inventory was 454.60. The lowest was 257.33. And the median was 359.00.

ROCO:8415's Days Inventory is ranked worse than
92.83% of 2903 companies
in the Industrial Products industry
Industry Median: 121.86 vs ROCO:8415: 362.03

Brighton-Best Internation (Taiwan)'s Days Inventory declined from Sep. 2023 (382.59) to Sep. 2024 (343.74).

Inventory Turnover measures how fast the company turns over its inventory within a year. Brighton-Best Internation (Taiwan)'s Inventory Turnover for the three months ended in Sep. 2024 was 0.27.

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. Brighton-Best Internation (Taiwan)'s Inventory-to-Revenue for the three months ended in Sep. 2024 was 2.51.

Brighton-Best Internation (Taiwan) Days Inventory Historical Data

The historical data trend for Brighton-Best Internation (Taiwan)'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.

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Brighton-Best Internation (Taiwan) Days Inventory Chart

Brighton-Best Internation (Taiwan) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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278.92

355.75

257.33

294.35

362.24

Brighton-Best Internation (Taiwan) Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Inventory	Get a 7-Day Free Trial															382.59	385.16	363.53	350.34	343.74

Competitive Comparison of Brighton-Best Internation (Taiwan)'s Days Inventory

For the Tools & Accessories subindustry, Brighton-Best Internation (Taiwan)'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.

Brighton-Best Internation (Taiwan)'s Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Brighton-Best Internation (Taiwan)'s Days Inventory distribution charts can be found below:

* The bar in red indicates where Brighton-Best Internation (Taiwan)'s Days Inventory falls into.

Brighton-Best Internation (Taiwan) Days Inventory Calculation

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

Brighton-Best Internation (Taiwan)'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
=	( (17342.227	+	15227.702)	/	2 )	/	16409.255	*	365
=	16284.9645					/	16409.255	*	365
=	362.24

Brighton-Best Internation (Taiwan)'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
=	( (14681.243	+	14288.217)	/	2 )	/	3845.175	*	365 / 4
=	14484.73					/	3845.175	*	365 / 4
=	343.74

Brighton-Best Internation (Taiwan) (ROCO:8415) 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.

Brighton-Best Internation (Taiwan)'s Inventory Turnover for the three months ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3845.175	/	14484.73
	=	0.27

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.

Brighton-Best Internation (Taiwan)'s Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	14484.73	/	5759.375
	=	2.51

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.

Brighton-Best Internation (Taiwan) Days Inventory Related Terms

Thank you for viewing the detailed overview of Brighton-Best Internation (Taiwan)'s Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Brighton-Best Internation (Taiwan) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Brighton-Best Internation (Taiwan) Inc (ROCO:8415) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 122, Yi-lin road, Rende Toenship, Tainan, TWN, 71752

Website

https://www.brightonbest.com

Brighton-Best Internation (Taiwan) Inc supplies and distributes steel-related components and products. It has divided its products into Preferred tools, Fasteners, Drilling screws, and Cutting tools divisions. Its products are Magnetic nut setters, Preferred pipe wrenches, Bolts, Drywall screws, Straight shank carbide drill bits, Drilling screws, etc. The company is geographically divided into segments: Canada; United States; Australia; Taiwan and Others, out of which United States derives maximum revenue.

Brighton-Best Internation (Taiwan) Headlines

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