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Days Inventory is also known as Days Sales of Inventory (DSI). NetScout Systems's Average Total Inventories for the three months ended in Dec. 2023 was $15.2 Mil. NetScout Systems's Cost of Goods Sold for the three months ended in Dec. 2023 was $43.6 Mil. Hence, NetScout Systems's Days Inventory for the three months ended in Dec. 2023 was 31.69.
The historical rank and industry rank for NetScout Systems's Days Inventory or its related term are showing as below:
During the past 13 years, NetScout Systems's highest Days Inventory was 51.69. The lowest was 31.14. And the median was 39.35.
NetScout Systems's Days Inventory declined from Dec. 2022 (32.83) to Dec. 2023 (31.69).
Inventory Turnover measures how fast the company turns over its inventory within a year. NetScout Systems's Inventory Turnover for the three months ended in Dec. 2023 was 2.88.
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. NetScout Systems's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.07.
The historical data trend for NetScout Systems'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.
NetScout Systems Annual Data | |||||||||||||||||||||
Trend | Mar15 | Mar16 | Mar17 | Mar18 | Mar19 | Mar20 | Mar21 | Mar22 | Mar23 | Mar24 | |||||||||||
Days Inventory | Get a 7-Day Free Trial | 33.80 | 33.59 | 34.60 | 31.73 | 30.81 |
NetScout Systems Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Days Inventory | Get a 7-Day Free Trial | 31.48 | 32.17 | 35.47 | 31.69 | 26.21 |
For the Software - Infrastructure subindustry, NetScout Systems'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.
For the Software industry and Technology sector, NetScout Systems's Days Inventory distribution charts can be found below:
* The bar in red indicates where NetScout Systems's Days Inventory falls into.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
NetScout Systems's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as
Days Inventory (A: Mar. 2023 ) | |||||||||
= | Average Total Inventories | / | Cost of Goods Sold | * | Days in Period | ||||
= | ( (Total Inventories (A: Mar. 2022 ) | + | Total Inventories (A: Mar. 2023 )) | / | count ) | / | Cost of Goods Sold (A: Mar. 2023 ) | * | Days in Period |
= | ( (21.235 | + | 17.549) | / | 2 ) | / | 223.098 | * | 365 |
= | 19.392 | / | 223.098 | * | 365 | ||||
= | 31.73 |
NetScout Systems'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 |
= | ( (15.481 | + | 14.822) | / | 2 ) | / | 43.624 | * | 365 / 4 |
= | 15.1515 | / | 43.624 | * | 365 / 4 | ||||
= | 31.69 |
* 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.
NetScout Systems (NAS:NTCT) 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.
NetScout Systems's Inventory Turnover for the three months ended in Dec. 2023 is calculated as
Inventory Turnover | = | Cost of Goods Sold | / | Average Total Inventories |
= | 43.624 | / | 15.1515 | |
= | 2.88 |
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.
NetScout Systems's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as
Inventory-to-Revenue | = | Average Total Inventories | / | Revenue |
= | 15.1515 | / | 218.072 | |
= | 0.07 |
* 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.
Thank you for viewing the detailed overview of NetScout Systems's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Michael Szabados | officer: Chief Operating Officer | 271 MATTISON DRIVE, CONCORD MA 01742 |
John Downing | officer: SVP, Worldwide Sales Operation | 310 LITTLETON ROAD, WESTFORD MA 01886 |
Hadzima Joseph G Jr | director | ONE BROADWAY, STE 1300, CAMBRIDGE MA 02142 |
Jean A Bua | officer: See Remarks | |
Marlene Pelage | director | C/O NETSCOUT SYSTEMS, INC., 310 LITTLETON ROAD, WESTFORD MA 01886 |
Shannon Nash | director | C/O USERTESTING, INC., 144 TOWNSEND STREET, SAN FRANCISCO CA 94107 |
Vivian M Vitale | director | |
Vincent J Mullarkey | director | 2 WINGATE LANE, ACTON MA 01720 |
Susan Louise Spradley | director | C/O NORTEL NETWORKS, 8200 DIXIE ROAD STE 100, BRAMPTON ONTARIO A6 L6T 5PT |
Alfred Grasso | director | C/O NETSCOUT SYSTEMS, INC., 310 LITTLETON ROAD, WESTFORD MA 01886 |
Victor Demarines | director | |
Christopher Perretta | director | C/O STATE STREET CORPORATION, ONE LINCOLN STREET, BOSTON MA 02111 |
John R Egan | director | 176 SOUTH ST., HOPKINTON MA 01748 |
Robert E Donahue | director | |
Anil K Singhal | director, officer: Chief Executive Officer | C/O NETSCOUT SYTEMS INC, 310 LITTLETON ROAD, WESTFORD MA 01886 |
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