Better For You Wellness (Better For You Wellness) Days Inventory : 91.25 (As of Nov. 2023)

View and export this data going back to 2009. Start your Free Trial

What is Better For You Wellness Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Better For You Wellness's Average Total Inventories for the three months ended in Nov. 2023 was $0.00 Mil. Better For You Wellness's Cost of Goods Sold for the three months ended in Nov. 2023 was $0.00 Mil. Hence, Better For You Wellness's Days Inventory for the three months ended in Nov. 2023 was 91.25.

The historical rank and industry rank for Better For You Wellness's Days Inventory or its related term are showing as below:

BFYW' s Days Inventory Range Over the Past 10 Years
Min: 20.28 Med: 20.28 Max: 60.83
Current: 60.83

During the past 12 years, Better For You Wellness's highest Days Inventory was 60.83. The lowest was 20.28. And the median was 20.28.

BFYW's Days Inventory is ranked better than
57.14% of 28 companies
in the Diversified Financial Services industry
Industry Median: 69.33 vs BFYW: 60.83

Better For You Wellness's Days Inventory increased from Nov. 2022 (0.00) to Nov. 2023 (91.25). It might indicate that Better For You Wellness'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. Better For You Wellness's Inventory Turnover for the three months ended in Nov. 2023 was 1.00.

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. Better For You Wellness's Inventory-to-Revenue for the three months ended in Nov. 2023 was 1.00.

Better For You Wellness Days Inventory Historical Data

The historical data trend for Better For You Wellness'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.

Better For You Wellness Days Inventory Chart

Better For You Wellness Annual Data

Trend

Aug10

Aug11

Aug12

Aug13

Aug14

Aug15

Aug16

Aug17

Feb22

Feb23

Days Inventory

Get a 7-Day Free Trial

20.28

Better For You Wellness Quarterly Data
	Feb16	May16	Aug16	Nov16	Feb17	May17	Aug17	Nov17	Feb18	May18	May21	Aug21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Days Inventory	Get a 7-Day Free Trial															-	30.42	91.25	91.25	91.25

Competitive Comparison of Better For You Wellness's Days Inventory

For the Shell Companies subindustry, Better For You Wellness'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.

Better For You Wellness's Days Inventory Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Better For You Wellness's Days Inventory distribution charts can be found below:

* The bar in red indicates where Better For You Wellness's Days Inventory falls into.

Better For You Wellness Days Inventory Calculation

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

Better For You Wellness's Days Inventory for the fiscal year that ended in Feb. 2023 is calculated as

	Days Inventory (A: Feb. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Feb. 2022 )	+	Total Inventories (A: Feb. 2023 ))	/	count )	/	Cost of Goods Sold (A: Feb. 2023 )	*	Days in Period
=	( (0	+	0.001)	/	1 )	/	0.018	*	365
=	0.001					/	0.018	*	365
=	20.28

Better For You Wellness's Days Inventory for the quarter that ended in Nov. 2023 is calculated as:

	Days Inventory (Q: Nov. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Aug. 2023 )	+	Total Inventories (Q: Nov. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Nov. 2023 )	*	Days in Period
=	( (0.001	+	0.001)	/	2 )	/	0.001	*	365 / 4
=	0.001					/	0.001	*	365 / 4
=	91.25

Better For You Wellness (OTCPK:BFYW) 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.

Better For You Wellness's Inventory Turnover for the three months ended in Nov. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.001	/	0.001
	=	1.00

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.

Better For You Wellness's Inventory to Revenue for the three months ended in Nov. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.001	/	0.001
	=	1.00

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.

Better For You Wellness Days Inventory Related Terms

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

Better For You Wellness (Better For You Wellness) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Better For You Wellness Inc (OTCPK:BFYW) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

1349 East Broad Street, Suite 123, Columbus, OH, USA, 43205

Website

https://www.betterforyouwellness.com

Better For You Wellness Inc is a developmental stage company. It seeks to acquire plant-based, better-for- you wellness brands, science, and services for Consumers and Retail.

Better For You Wellness (Better For You Wellness) Headlines

From GuruFocus

300 Turbine Order from North Wind Power

By Marketwired Marketwired • 04-04-2018

Sauer Energy Secures New Funding Source

By Marketwired Marketwired • 06-21-2018