Days Inventory is also known as Days Sales of Inventory (DSI). Ixia's Average Total Inventories for the
three
months ended in Dec. 2016 was $27.8 Mil. Ixia's Cost of Goods Sold for the
three
months ended in Dec. 2016 was $27.3 Mil.
Hence, Ixia's Days Inventory for the
three
months ended in Dec. 2016 was 92.95.
The historical rank and industry rank for Ixia's Days Inventory or its related term are showing as below:
XXIA's Days Inventory is not ranked *
in the Software industry.
Industry Median: 19.64 * Ranked among companies with meaningful Days Inventory only.
Ixia's Days Inventory
declined
from Dec. 2015 (102.61) to Dec. 2016 (92.95).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Ixia's Inventory Turnover for the
three
months ended in Dec. 2016 was 0.98.
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.
Ixia's Inventory-to-Revenue for the
three
months ended in Dec. 2016 was 0.22.
Ixia Days Inventory Historical Data
The historical data trend for Ixia'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 Information Technology Services subindustry, Ixia'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.
Ixia's Days Inventory Distribution in the Software Industry
For the Software industry and Technology sector, Ixia's Days Inventory distribution charts can be found below:
* The bar in red indicates where Ixia's Days Inventory falls into.
Ixia Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Ixia's Days Inventory for the fiscal year that ended in Dec. 2016 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.
Ixia (NAS:XXIA) 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.
Ixia's Inventory Turnover for the
three
months ended in Dec. 2016 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.
Ixia's Inventory to Revenue for the
three
months ended in Dec. 2016 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.
Ixia Days Inventory Related Terms
Thank you for viewing the detailed overview of Ixia's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Ixia was founded in 1997 and is headquartered in Calabasas, California. The Company provides application performance and security resilience network test and network visibility solutions that validate, secure, and optimize businesses' physical and virtual networks. The Company has operations in EMEA and Asia Pacific region. It offers an always-on user experience through fast, secure delivery of dynamic, connected technologies and services. The Company uses direct sales force to market and sell its products and solutions and has number of ongoing programs to support the sale and distribution of products and solutions and to inform existing and potential customers, partners and distributors about the capabilities and benefits of systems. The Company serves network equipment manufacturers, service providers, enterprises and government agencies. The Company competes with network test and monitoring solution vendors such as Spirent Communications, Gigamon, Danaher, Aeroflex, JDS Uniphase, and NetScout.
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