BEST Inc (BEST) — Defensive Interval Ratio
BEST Inc (BEST) has a Defensive Interval Ratio of 66 days as of March 2024. Defensive assets of $886.82 Million (cash $-, short-term investments $61.75 Million, receivables $825.07 Million) cover 66 days of daily cash needs of $13.44 Million/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
BEST Inc Defensive Interval Ratio (2015–2023)
This chart shows how BEST Inc's Defensive Interval Ratio has evolved across 9 annual periods from 2015 to 2023. As of March 2024, the ratio stands at 66 days, meaning defensive assets of $886.82 Million can fund 66 days of operations without new revenue. For the complete balance sheet picture, see BEST total asset value.
Annual Defensive Interval Ratio for BEST Inc (2015–2023)
The table below presents the year-by-year Defensive Interval Ratio for BEST Inc from 2015 to 2023, covering 9 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See working capital to net assets of BEST Inc to evaluate short-term liquidity relative to the company's equity base.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2023 | 77 days | $1.03 Billion | $13.29 Million/day | $- | $35.89 Million | ▼ -43 days |
| 2022 | 121 days | $1.57 Billion | $13.05 Million/day | $- | $725.04 Million | ▲ +20 days |
| 2021 | 101 days | $1.61 Billion | $15.94 Million/day | $- | $147.36 Million | ▲ +40 days |
| 2020 | 61 days | $2.10 Billion | $34.44 Million/day | $- | $268.65 Million | ▼ -49 days |
| 2019 | 110 days | $3.18 Billion | $28.96 Million/day | $- | $1.06 Billion | ▼ -19 days |
| 2018 | 129 days | $2.87 Billion | $22.23 Million/day | $- | $1.01 Billion | ▼ -68 days |
| 2017 | 197 days | $3.45 Billion | $17.47 Million/day | $- | $2.35 Billion | ▲ +144 days |
| 2016 | 53 days | $577.96 Million | $10.82 Million/day | $- | $62.00 Million | ▲ +5 days |
| 2015 | 49 days | $364.10 Million | $7.46 Million/day | $- | $0.00 | — |