BellPal Holding (NGM:BELLP) Days Inventory : 5,829.14 (As of Sep. 2023)

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What is BellPal Holding Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). BellPal Holding's Average Total Inventories for the three months ended in Sep. 2023 was kr1.34 Mil. BellPal Holding's Cost of Goods Sold for the three months ended in Sep. 2023 was kr0.02 Mil. Hence, BellPal Holding's Days Inventory for the three months ended in Sep. 2023 was 5,829.14.

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

NGM:BELLP' s Days Inventory Range Over the Past 10 Years
Min: 60.3 Med: 63 Max: 227.11
Current: 227.11

During the past 3 years, BellPal Holding's highest Days Inventory was 227.11. The lowest was 60.30. And the median was 63.00.

NGM:BELLP's Days Inventory is not ranked
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 130.41 vs NGM:BELLP: 227.11

BellPal Holding's Days Inventory increased from Jun. 2022 (75.60) to Sep. 2023 (5,829.14). It might indicate that BellPal Holding's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. BellPal Holding's Inventory Turnover for the three months ended in Sep. 2023 was 0.02.

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.

BellPal Holding Days Inventory Historical Data

The historical data trend for BellPal Holding'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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BellPal Holding Days Inventory Chart

BellPal Holding Annual Data

Trend

Dec20

Dec21

Dec22

Days Inventory

65.70

60.30

BellPal Holding Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23
Days Inventory	Get a 7-Day Free Trial						75.60	55.79	60.39	1,133.44	5,829.14

Competitive Comparison of BellPal Holding's Days Inventory

For the Footwear & Accessories subindustry, BellPal Holding'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.

BellPal Holding's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, BellPal Holding's Days Inventory distribution charts can be found below:

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

BellPal Holding Days Inventory Calculation

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

BellPal Holding's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (1.306	+	1.358)	/	2 )	/	8.063	*	365
=	1.332					/	8.063	*	365
=	60.30

BellPal Holding's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (1.325	+	1.358)	/	2 )	/	0.021	*	365 / 4
=	1.3415					/	0.021	*	365 / 4
=	5,829.14

BellPal Holding (NGM:BELLP) 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.

BellPal Holding's Inventory Turnover for the three months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.021	/	1.3415
	=	0.02

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.

BellPal Holding's Inventory to Revenue for the three months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.3415	/	-0.001
	=

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.

BellPal Holding Days Inventory Related Terms

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

BellPal Holding (NGM:BELLP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » BellPal Holding (NGM:BELLP) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Magnus Ladulasgatan, Stockholm, SWE, 118 65

Website

https://www.bellpal.com

BellPal Holding is a Swedish company that develops products and services to support seniors to live free and active lives. It is a caretech company that combines digital services with medical expertise in order to develop products, services and digital solutions primarily for seniors and medical care. Bell Pal's main business is a comprehensive platform that links the user with it's relatives and emergency central. Its platforms is based around a SaaS business model and therefore invoices the end-user with a monthly subscription fee for the usage of the service. The subscription includes both hardware and software for a package price.

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