Interactive Brokers Group (Interactive Brokers Group) Days Inventory : 0.00 (As of Dec. 2023)

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What is Interactive Brokers Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Interactive Brokers Group's Average Total Inventories for the three months ended in Dec. 2023 was $0 Mil. Interactive Brokers Group's Cost of Goods Sold for the three months ended in Dec. 2023 was $236 Mil. Hence, Interactive Brokers Group's Days Inventory for the three months ended in Dec. 2023 was 0.00.

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

IBKR's Days Inventory is not ranked ^*
in the Capital Markets industry.
Industry Median: 58.365
* Ranked among companies with meaningful Days Inventory only.

Interactive Brokers Group's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (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. Interactive Brokers Group's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.

Interactive Brokers Group Days Inventory Historical Data

The historical data trend for Interactive Brokers Group'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.

Interactive Brokers Group Days Inventory Chart

Interactive Brokers Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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Interactive Brokers Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Interactive Brokers Group's Days Inventory

For the Capital Markets subindustry, Interactive Brokers Group'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.

Interactive Brokers Group's Days Inventory Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Interactive Brokers Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Interactive Brokers Group's Days Inventory falls into.

Interactive Brokers Group Days Inventory Calculation

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

Interactive Brokers Group'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
=	( (0	+	0)	/	1 )	/	913	*	365
=	0					/	913	*	365
=	0.00

Interactive Brokers Group'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: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	236	*	365 / 4
=	0					/	236	*	365 / 4
=	0.00

Interactive Brokers Group (NAS:IBKR) 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.

Interactive Brokers Group's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	236	/	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.

Interactive Brokers Group's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	2098
	=	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.

Interactive Brokers Group Days Inventory Related Terms

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

Interactive Brokers Group (Interactive Brokers Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Interactive Brokers Group Inc (NAS:IBKR) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

IBKR:Mexico KY6:Germany KY6:Germany

Address

One Pickwick Plaza, Greenwich, CT, USA, 06830

Website

https://www.interactivebrokers.com

Interactive Brokers is an online brokerage that generates trading commissions (around 43% of net revenue) from facilitating trading in a wide range of products, including equity, options, futures, foreign exchange, bonds, mutual funds, and ETFs. Interactive Brokers also generates net interest income (about 54% of net revenue) from idle client cash and earns fees (about 6% of net revenue) from ancillary services. Principal trading and other miscellaneous activities are small (about negative 3% of net revenue). The firm derives about 70% of its net revenue from the U.S. and 30% from international markets.

Executives

Thomas Aj Frank	officer: Exec V.P & Chief Info Officer	ONE PICKWICK PLAZA, GREENWICH CT 06830
Paul Jonathan Brody	director, CFO, Treasurer & Secretary	ONE PICKWICK PLAZA, GREENWICH CT 06830
Philip Uhde	director, other: See Remarks	63 CROSBY STREET, 4TH FLOOR, NEW YORK NY 10012
Thomas Peterffy	director, officer: Chairman, CEO & President	ONE PICKWICK PLAZA, GREENWICH CT 06830
Jill Bright	director	1334 YORK AVENUE, NEW YORK NY 10021
Denis Mendonca	officer: Chief Accounting Officer	ONE PICKWICK PLAZA, GREENWICH CT 06830
Earl H Nemser	director, Vice Chairman	ONE PICKWICK PLAZA, GREENWICH CT 06830
Nicole Yuen	director	ONE PICKWICK PLAZA, GREENWICH CT 06830
William Peterffy	director	ONE PICKWICK PLAZA, GREENWICH CT 06830
Echinus Advisors, Llc	director, other: See Remarks	63 CROSBY STREET, 4TH FLOOR, NEW YORK NY 10012
John M. Damgard	director	ONE PICKWICK PLAZA, GREENWICH CT 06830
Milan Galik	director, officer: Sr. V.P. Software Development	ONE PICKWICK PLAZA, GREENWICH CT 06830
Kenneth James Winston	director	870 S SAN RAFAEL AVE, PASADENA CA 91105
Gary Katz	director	ONE PICKWICK PLAZA, GREENWICH CT 06830
Wayne Hilbert Wagner	director	4337 CITY DRIVE, PENTHOUSE 43, MARINA DEL REY CA 90292