Days Inventory is also known as Days Sales of Inventory (DSI). OneSpan's Average Total Inventories for the
three
months ended in Dec. 2023 was $15.5 Mil. OneSpan's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $19.5 Mil.
Hence, OneSpan's Days Inventory for the
three
months ended in Dec. 2023 was 72.69.
The historical rank and industry rank for OneSpan's Days Inventory or its related term are showing as below:
OSPN'
s Days Inventory Range Over the Past 10 Years
Min: 58.04 Med: 81.67 Max: 143.14
Current: 69.52
During the past 13 years, OneSpan's highest Days Inventory was 143.14. The lowest was 58.04. And the median was 81.67.
OSPN's Days Inventory is ranked worse than 73.04% of 1565
companies
in the Software industry
Industry Median: 19.53
vs OSPN: 69.52
OneSpan's Days Inventory
increased
from Dec. 2022 (52.60) to Dec. 2023 (72.69).
It might indicate that OneSpan's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
OneSpan's Inventory Turnover for the
three
months ended in Dec. 2023 was 1.26.
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.
OneSpan's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.25.
OneSpan Days Inventory Historical Data
The historical data trend for OneSpan'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.
For the Software - Infrastructure subindustry, OneSpan'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.
OneSpan Days Inventory Distribution
For the Software industry and Technology sector, OneSpan's Days Inventory distribution charts can be found below:
* The bar in red indicates where OneSpan's Days Inventory falls into.
OneSpan Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
OneSpan's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
OneSpan (NAS:OSPN) 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.
OneSpan's Inventory Turnover for the
three
months ended in Dec. 2023 is calculated as
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.
OneSpan's Inventory to Revenue for the
three
months ended in Dec. 2023 is calculated as
* 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.
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.
OneSpan Days Inventory Related Terms
Thank you for viewing the detailed overview of OneSpan's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
OneSpan Inc is a provider of information technology security solutions for banking and financial services and application security markets. Its solutions secure and manage access to digital assets and protect online transactions, via mobile devices and in-person. Authentication and anti-fraud solutions are the organization's primary product offerings and include multifactor authentication and virtual private network access capabilities. The company derives revenues from hardware and license fees, maintenance and support fees, and subscription fees. A large majority of the firm's revenue is generated in Europe, Middle East and Africa, and the rest in the United States and Asia-Pacific region.
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