AVG Technologies NV (AVG Technologies NV) Days Inventory : 3.38 (As of Jun. 2016)

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What is AVG Technologies NV Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). AVG Technologies NV's Average Total Inventories for the three months ended in Jun. 2016 was $0.7 Mil. AVG Technologies NV's Cost of Goods Sold for the three months ended in Jun. 2016 was $19.8 Mil. Hence, AVG Technologies NV's Days Inventory for the three months ended in Jun. 2016 was 3.38.

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

AVGTF's Days Inventory is not ranked ^*
in the Software industry.
Industry Median: 19.61
* Ranked among companies with meaningful Days Inventory only.

AVG Technologies NV's Days Inventory declined from Jun. 2015 (5.08) to Jun. 2016 (3.38).

Inventory Turnover measures how fast the company turns over its inventory within a year. AVG Technologies NV's Inventory Turnover for the three months ended in Jun. 2016 was 27.03.

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. AVG Technologies NV's Inventory-to-Revenue for the three months ended in Jun. 2016 was 0.01.

AVG Technologies NV Days Inventory Historical Data

The historical data trend for AVG Technologies NV'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.

AVG Technologies NV Days Inventory Chart

AVG Technologies NV Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Days Inventory

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8.22

5.32

4.56

7.21

5.79

AVG Technologies NV Quarterly Data
	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16
Days Inventory	Get a 7-Day Free Trial															5.08	4.46	4.93	4.38	3.38

Competitive Comparison of AVG Technologies NV's Days Inventory

For the Software - Application subindustry, AVG Technologies NV'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.

AVG Technologies NV's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, AVG Technologies NV's Days Inventory distribution charts can be found below:

* The bar in red indicates where AVG Technologies NV's Days Inventory falls into.

AVG Technologies NV Days Inventory Calculation

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

AVG Technologies NV's Days Inventory for the fiscal year that ended in Dec. 2015 is calculated as

	Days Inventory (A: Dec. 2015 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2014 )	+	Total Inventories (A: Dec. 2015 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2015 )	*	Days in Period
=	( (1.03	+	1.027)	/	2 )	/	64.806	*	365
=	1.0285					/	64.806	*	365
=	5.79

AVG Technologies NV's Days Inventory for the quarter that ended in Jun. 2016 is calculated as:

	Days Inventory (Q: Jun. 2016 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2016 )	+	Total Inventories (Q: Jun. 2016 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2016 )	*	Days in Period
=	( (0.761	+	0.705)	/	2 )	/	19.814	*	365 / 4
=	0.733					/	19.814	*	365 / 4
=	3.38

AVG Technologies NV (OTCPK:AVGTF) 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.

AVG Technologies NV's Inventory Turnover for the three months ended in Jun. 2016 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	19.814	/	0.733
	=	27.03

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.

AVG Technologies NV's Inventory to Revenue for the three months ended in Jun. 2016 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.733	/	105.029
	=	0.01

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.

AVG Technologies NV Days Inventory Related Terms

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

AVG Technologies NV (AVG Technologies NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » AVG Technologies NV (OTCPK:AVGTF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.avg.com

AVG Technologies N.V is functional in the software industry based in the Netherlands. The company designs products which allow the users of internet and computer systems a safe browsing and data management experience. Its product portfolio caters to the consumer and SMB markets across multiple devices and operating systems with Internet security, PC performance optimization, online backup, identity protection, family safety, mobile control and location services and dynamic secure search. AVG's suite of trademark products includes AVG Anti-Virus FREE, AVG Anti-Virus, AVG Web TuneUp, AVG Cleaner-Xperia and HideMyPhone, among others. The company's licenses derived through the consumer market, primarily in the United States are its major revenue drivers.

Executives

Ahmet H Okumus	10 percent owner	C/O OKUMUS FUND MANAGEMENT LTD., 767 THIRD AVENUE, 35TH FLOOR, NEW YORK NY 10022
Okumus Fund Management Ltd.	10 percent owner	767 THIRD AVENUE, 35TH FLOOR, NEW YORK NY 10017
Okumus Opportunistic Value Fund Ltd.	10 percent owner	CRAIGMUIR CHAMBERS, SUITE 71, ROAD TOWN, TORTOLA D8 VG 1110

AVG Technologies NV (AVG Technologies NV) Headlines

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