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Aspen Technology Inc (NAS:AZPN)
Days Inventory
0.00 (As of Mar. 2014)

Aspen Technology Inc's inventory for the three months ended in Mar. 2014 was \$0.0 Mil. Aspen Technology Inc's cost of goods sold for the three months ended in Mar. 2014 was \$15.3 Mil. Hence, Aspen Technology Inc's days inventory for the three months ended in Mar. 2014 was 0.00.

Aspen Technology Inc's days inventory stayed the same from Mar. 2013 (0.00) to Mar. 2014 (0.00).

Inventory can be measured by Days Sales of Inventory (DSI). Aspen Technology Inc's days sales of inventory (DSI) for the three months ended in Mar. 2014 was 0.00.

Inventory turnover measures how fast the company turns over its inventory within a year.

Inventory to revenue ratio 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. Aspen Technology Inc's inventory to revenue ratio for the three months ended in Mar. 2014 was 0.00.

Definition

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

Aspen Technology Inc's Days Inventory for the fiscal year that ended in Jun. 2013 is calculated as

 Days Inventory = Inventory / Cost of Goods Sold * Days in Period = 0 / 50.348 * 365 = 0.00

Aspen Technology Inc's Days Inventory for the quarter that ended in Mar. 2014 is calculated as:

 Days Inventory = Inventory / Cost of Goods Sold * Days in Period = 0 / 15.288 * 91 = 0.00

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Explanation

An increase of Days Inventory may indicate the company's sales slowed.

1. Inventory can be measured by Days Sales of Inventory (DSI).

Aspen Technology Inc's Days Sales of Inventory for the three months ended in Mar. 2014 is calculated as

 Days Sales of Inventory (DSI) = Inventory / Revenue * Days in Period = 0 / 103.587 * 91 = 0.00

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Aspen Technology Inc's Inventory Turnover for the three months ended in Mar. 2014 is calculated as

 Inventory Turnover = Cost of Goods Sold / Average Inventory = 15.288 / 0 =

3. 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.

Aspen Technology Inc's Inventory to Revenue for the three months ended in Mar. 2014 is calculated as

 Inventory to Revenue = Inventory / Revenue = 0 / 103.587 = 0.00

* All numbers are in millions except for per share data and ratio. All numbers are in their own 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.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Aspen Technology Inc Annual Data

 Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 DaysInventory 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Aspen Technology Inc Quarterly Data

 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 DaysInventory 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
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