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Webuy Global (Webuy Global) Days Inventory : 3.15 (As of Dec. 2023)


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What is Webuy Global Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Webuy Global's Average Total Inventories for the six months ended in Dec. 2023 was $0.57 Mil. Webuy Global's Cost of Goods Sold for the six months ended in Dec. 2023 was $32.87 Mil. Hence, Webuy Global's Days Inventory for the six months ended in Dec. 2023 was 3.15.

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

WBUY' s Days Inventory Range Over the Past 10 Years
Min: 4.86   Med: 8.54   Max: 14.42
Current: 4.86

During the past 3 years, Webuy Global's highest Days Inventory was 14.42. The lowest was 4.86. And the median was 8.54.

WBUY's Days Inventory is ranked better than
97.57% of 1068 companies
in the Retail - Cyclical industry
Industry Median: 110.73 vs WBUY: 4.86

Webuy Global's Days Inventory declined from Dec. 2022 (7.65) to Dec. 2023 (3.15).

Inventory Turnover measures how fast the company turns over its inventory within a year. Webuy Global's Inventory Turnover for the six months ended in Dec. 2023 was 58.03.

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. Webuy Global's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.02.

Webuy Global Days Inventory Historical Data

The historical data trend for Webuy Global'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.

Webuy Global Days Inventory Chart

Webuy Global Annual Data
Trend Dec21 Dec22 Dec23
Days Inventory
14.42 8.54 6.12

Webuy Global Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory - 10.26 7.65 5.74 3.15

Competitive Comparison of Webuy Global's Days Inventory

For the Internet Retail subindustry, Webuy Global'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.

Webuy Global's Days Inventory Distribution in the Retail - Cyclical Industry

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

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


Webuy Global Days Inventory Calculation

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

Webuy Global'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
=( (1.127 + 0.77) / 2 ) / 56.543*365
=0.9485 / 56.543*365
=6.12

Webuy Global'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: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0.363 + 0.77) / 2 ) / 32.873*365 / 2
=0.5665 / 32.873*365 / 2
=3.15

* 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.

Webuy Global  (NAS:WBUY) 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.

Webuy Global's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=32.873 / 0.5665
=58.03

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.

Webuy Global's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.5665 / 37.286
=0.02

* 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.

Webuy Global Days Inventory Related Terms

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

Webuy Global (Webuy Global) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Webuy Global Ltd (NAS:WBUY) » Definitions » Days Inventory
Comparable Companies
JMIA DTC QRTEA NEGG BZUN PRTS DIBS LITB TDUP KPEA AMZN BABA PDD HKSE:03690 MELI JD CPNG SE EBAY TSE:4689
Traded in Other Exchanges
N/A
Address
35 Tampines Street 92, Singapore, SGP, 528880
Website
https://www.webuysg.com
Webuy Global Ltd is an emerging Southeast Asian (SEA) community-oriented e-commerce retailer (Community e-Commerce Retailor) with a focus on grocery and travel. Community e-commerce is a deepened extension form of e-commerce, where social media users with mutual interest and like-minded behavior are connected, forming a community group within a network through an online medium. Its mission is to make social shopping a new lifestyle for consumers and to empower consumers' purchases with an efficient cost-saving purchasing model. The company is also engaged in selling packaged tours to its customer. The majority of revenue is derived from the sales of groceries through its online platform.