Benefitfocus (Benefitfocus) Days Inventory : 0.00 (As of Sep. 2022)

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What is Benefitfocus Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Benefitfocus's Average Total Inventories for the three months ended in Sep. 2022 was $0.0 Mil. Benefitfocus's Cost of Goods Sold for the three months ended in Sep. 2022 was $29.9 Mil. Hence, Benefitfocus's Days Inventory for the three months ended in Sep. 2022 was 0.00.

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

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

Benefitfocus's Days Inventory stayed the same from Sep. 2021 (0.00) to Sep. 2022 (0.00).

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

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. Benefitfocus's Inventory-to-Revenue for the three months ended in Sep. 2022 was 0.00.

Benefitfocus Days Inventory Historical Data

The historical data trend for Benefitfocus'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.

Benefitfocus Days Inventory Chart

Benefitfocus Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Days Inventory

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Benefitfocus Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Benefitfocus's Days Inventory

For the Software - Application subindustry, Benefitfocus'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.

Benefitfocus's Days Inventory Distribution in the Software Industry

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

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

Benefitfocus Days Inventory Calculation

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

Benefitfocus's Days Inventory for the fiscal year that ended in Dec. 2021 is calculated as

	Days Inventory (A: Dec. 2021 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2020 )	+	Total Inventories (A: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2021 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	122.713	*	365
=	0					/	122.713	*	365
=	0.00

Benefitfocus's Days Inventory for the quarter that ended in Sep. 2022 is calculated as:

	Days Inventory (Q: Sep. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2022 )	+	Total Inventories (Q: Sep. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2022 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	29.864	*	365 / 4
=	0					/	29.864	*	365 / 4
=	0.00

Benefitfocus (NAS:BNFT) 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.

Benefitfocus's Inventory Turnover for the three months ended in Sep. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	29.864	/	0
	=

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.

Benefitfocus's Inventory to Revenue for the three months ended in Sep. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	56.19
	=	0.00

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.

Benefitfocus Days Inventory Related Terms

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

Benefitfocus (Benefitfocus) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Benefitfocus Inc (NAS:BNFT) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Benefitfocus Way, Charleston, SC, USA, 29492

Website

https://www.benefitfocus.com

Benefitfocus Inc is a cloud-based benefits management platform for consumers, employers, insurance carriers, and brokers. The firm's solutions support core benefits plans, including healthcare, dental, life, and disability insurance. Benefitfocus sells its solutions on a subscription basis, typically through annual contracts with employers, and multi-year contracts with insurance carriers. It generates all of its revenue in the United States.

Executives

Zeynep Young	director	825 MAIN ST., SUITE 100, BUDA TX 78610
A Lanham Napier	director, 10 percent owner	701 W. CASTANO, SAN ANTONIO TX 78209
Alpana Wegner	officer: Chief Financial Officer	C/O BENEFITFOCUS, INC., 100 BENEFITFOCUS WAY, CHARLESTON SC 29492
Matthew Levin	director, officer: President and CEO	NEUSTAR, INC., 4600 CENTER OAK PLAZA, STERLING VA 20166
Alexander Lerner	director	C/O INDABA CAPITAL MANAGEMENT, LLC, ONE LETTERMAN DR., BLDING D, SUITE DM700, SAN FRANCISCO CA 94129
Indaba Capital Fund, L.p.	director	MAPLES CORPORATE SERVICES, 121 SOUTH CHURCH STREET, GRAND CAYMAN E9 KY1-1104
Indaba Capital Management, L.p.	10 percent owner	ONE LETTERMAN DRIVE, BUILDING D, SUITE DM700, SAN FRANCISCO CA 94129
Ic Gp, Llc	10 percent owner	ONE LETTERMAN DRIVE,, BUILDING D, SUITE DM700, SAN FRANCISCO CA 94129
Derek C Schrier	10 percent owner	C/O INDABA CAPITAL MANAGEMENT, LLC, ONE LETTERMAN DR., BLDING D, SUITE DM700, SAN FRANCISCO CA 94129
J Bradley Wilson	director	227 MIDENHALL WAY, CARY NC 27513
John J Park	director	C/O APAC CUSTOMER SERVICES, INC., SIX PARKWAY NORTH, DEERFIELD IL 60015
Rushing Coretha M	director	C/O EQUIFAX INC., 1550 PEACHTREE STREET NW, ATLANTA GA 30309
Barry D Libert	director	C/O BENEFITFOCUS, INC., 100 BENEFITFOCUS WAY, CHARLESTON SC 29492
Buildgroup Management, Llc	10 percent owner	3500 JEFFERSON ST., SUITE 303, AUSTIN TX 78731
Buildgroup Llc	10 percent owner	3500 JEFFERSON STREET, SUITE 303, AUSTIN TX 78731