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Beyond (Beyond) Days Inventory : 3.45 (As of Dec. 2023)


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What is Beyond Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Beyond's Average Total Inventories for the three months ended in Dec. 2023 was $12 Mil. Beyond's Cost of Goods Sold for the three months ended in Dec. 2023 was $324 Mil. Hence, Beyond's Days Inventory for the three months ended in Dec. 2023 was 3.45.

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

BYON' s Days Inventory Range Over the Past 10 Years
Min: 0.97   Med: 3.32   Max: 7.98
Current: 2.55

During the past 13 years, Beyond's highest Days Inventory was 7.98. The lowest was 0.97. And the median was 3.32.

BYON's Days Inventory is ranked better than
98.5% of 1066 companies
in the Retail - Cyclical industry
Industry Median: 110.765 vs BYON: 2.55

Beyond's Days Inventory increased from Dec. 2022 (1.82) to Dec. 2023 (3.45). It might indicate that Beyond's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Beyond's Inventory Turnover for the three months ended in Dec. 2023 was 26.43.

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. Beyond's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.03.


Beyond Days Inventory Historical Data

The historical data trend for Beyond'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.

Beyond Days Inventory Chart

Beyond Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.17 1.15 0.97 1.43 2.86

Beyond Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.82 2.00 1.75 2.68 3.45

Competitive Comparison of Beyond's Days Inventory

For the Internet Retail subindustry, Beyond'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.


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

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

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



Beyond Days Inventory Calculation

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

Beyond'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
=( (6.526 + 13.04) / 2 ) / 1247.116*365
=9.783 / 1247.116*365
=2.86

Beyond's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (11.519 + 13.04) / 2 ) / 324.497*365 / 4
=12.2795 / 324.497*365 / 4
=3.45

* 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.


Beyond  (NYSE:BYON) 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.

Beyond's Inventory Turnover for the three months ended in Dec. 2023 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.

Beyond's Inventory to Revenue for the three months ended in Dec. 2023 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.


Beyond Days Inventory Related Terms

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


Beyond (Beyond) Business Description

Traded in Other Exchanges
Address
799 West Coliseum Way, Midvale, UT, USA, 84047
Beyond Inc is an online retailer that provides products and services through websites. The company offers a broad range of products, including furniture, décor, area rugs, bedding and bath, home improvement, outdoor, and kitchen and dining items, BMMG (like books, magazines, CDs), electronics, and other items. The home and garden product line account for a material part of its total revenue. The company operates through a direct business that makes sales from the company's own inventory, and a partner business that sells merchandise from manufacturers, distributors and other suppliers through the company's websites. The company generates the majority of its total revenue from partner business in terms of business format, and from the U.S. in terms of market.
Executives
Marcus Lemonis director 200 EAST BROWARD SUITE 920, FT LAUDERDALE FL 33301
Tabacco Joseph J Jr director 6350 SOUTH 3000 EAST, SALT LAKE CITY UT 84121
Nettles William Benjamin Jr director 799 WEST COLISEUM WAY, MIDVALE UT 84047
Barbara Messing director C/O XO GROUP INC., 195 BROADWAY, 25TH FLOOR, NEW YORK NY 10007
Joel Weight officer: Chief Technology Officer 799 WEST COLISEUM WAY, MIDVALE UT 84047
Debra Sue Bollom officer: CHIEF MERCHANDISING OFFICER 799 WEST COLISEUM WAY, MIDVALE UT 84047
Eric Glen Nickle officer: VP, Legal & General Counsel 799 W COLISEUM WAY, MIDVALE UT 84047
Joanna Catherine Burkey director 799 WEST COLISEUM WAY, MIDVALE UT 84047
Barclay F Corbus director 6350 SOUTH 3000 EAST, SALT LAKE CITY UT 84121
Johnson Jonathan E Iii officer: General Counsel & VP 6322 S 300 S, STE 100, SALT LAKE CITY UT 84121
Carlisha Brown Robinson officer: Chief Product Officer 799 WEST COLISEUM WAY, MIDVALE UT 84047
Krista Jean Mathews officer: Chief Customer Officer 799 W. COLISEUM WAY, MIDVALE UT 84047
Matthew Philip Willden officer: Chief People Officer 799 WEST COLISEUM WAY, MIDVALE UT 84047
Chia-fen Angela Hsu officer: Chief Marketing Officer 799 WEST COLISEUM WAY, MIDVALE UT 84047
David J. Nielsen officer: Chief Sourcing & Oper Officer 6350 SOUTH 3000 EAST, SALT LAKE CITY UT 84121