Synchronoss Technologies (Synchronoss Technologies) Days Inventory : 0.00 (As of Dec. 2023)

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What is Synchronoss Technologies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Synchronoss Technologies's Average Total Inventories for the three months ended in Dec. 2023 was $0.0 Mil. Synchronoss Technologies's Cost of Goods Sold for the three months ended in Dec. 2023 was $-17.8 Mil.

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

SNCR's Days Inventory is not ranked ^*
in the Software industry.
Industry Median: 19.625
* Ranked among companies with meaningful Days Inventory only.

Synchronoss Technologies'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.

Synchronoss Technologies Days Inventory Historical Data

The historical data trend for Synchronoss Technologies'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.

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Synchronoss Technologies Days Inventory Chart

Synchronoss Technologies Annual Data

Trend

Dec14

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Dec23

Days Inventory

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Synchronoss Technologies 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 Synchronoss Technologies's Days Inventory

For the Software - Infrastructure subindustry, Synchronoss Technologies'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.

Synchronoss Technologies's Days Inventory Distribution in the Software Industry

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

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

Synchronoss Technologies Days Inventory Calculation

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

Synchronoss Technologies'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 )	/	42.218	*	365
=	0					/	42.218	*	365
=	0.00

Synchronoss Technologies'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 )	/	-17.842	*	365 / 4
=	0					/	-17.842	*	365 / 4
=	N/A

Synchronoss Technologies (NAS:SNCR) 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.

Synchronoss Technologies's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	-17.842	/	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.

Synchronoss Technologies's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	-8.873
	=

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.

Synchronoss Technologies Days Inventory Related Terms

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Synchronoss Technologies (Synchronoss Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Synchronoss Technologies Inc (NAS:SNCR) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

H6K0:Germany

Address

200 Crossing Boulevard, 3rd Floor, Bridgewater, NJ, USA, 08807

Website

https://www.synchronoss.com

Synchronoss Technologies Inc is a provider of cloud- and software-based activation solutions for mobile carriers, enterprises, retailers, and original equipment manufacturers. These solutions are delivered through the Activation Services, Synchronoss Personal Cloud, Enterprise, and Integrated Life platforms, which are scalable and available on-demand. The firm's solutions include activation and processing, cloud-based sync, backup, storage, and content engagement capabilities. The company derives revenue from subscriptions and transaction-based fees. A majority of the firm's revenue is generated in the United States, and the rest is from countries across the world.

Executives

Laurie Harris	director	C/O SYNCHRONOSS TECHNOLOGIES INC., 200 CROSSING BOULEVARD, BRIDGEWATER TOWNSHIP NJ 08807
B. Riley Financial, Inc.	10 percent owner	11100 SANTA MONICA BLVD, SUITE 800, LOS ANGELES CA 90025
Martin Francis Bernstein	director	C/O B. RILEY FINANCIAL, INC., 11100 SANTA MONICA BLVD, SUITE 800, LOS ANGELES CA 90025
Kristin S. Rinne	director	C/O SYNCHRONOSS TECHNOLOGIES INC., 200 CROSSING BLVD., BRIDGEWATER NJ 08807
Jeffrey George Miller	officer: Chief Commercial Officer	C/O SYNCHRONOSS TECHNOLOGIES, INC., 200 CROSSING BLVD., 8TH FLOOR, BRIDGEWATER NJ 08807
Lou Ferraro	officer: EVP and CFO	200 CROSSING BLVD., 8TH FLOOR, BRIDGEWATER NJ 08807
Christopher K. Hill	officer: EVP & Chief Commercial Officer	200 CROSSING BLVD., 8TH FLOOR, BRIDGEWATER NJ 08807
Patrick Joseph Doran	officer: EVP & Chief Technology Officer	750 ROUTE 202 SOUTH, SUITE 600, BRIDGEWATER NJ 08807
Christina Gabrys	officer: SVP and CLO	200 CROSSING BLVD., 8TH FLOOR, BRIDGEWATER NJ 08807
Stephen G Waldis	director, officer: President & C.E.O.	750 ROUTE 202 SOUTH, SUITE 600, BRIDGEWATER NJ 08807
Taylor C Greenwald	officer: Chief Financial Officer	C/O SYNCHRONOSS TECHNOLOGIES, INC., 200 CROSSING BOULEVARD, 3RD FLOOR, BRIDGEWATER NJ 08807
David D Clark	officer: Chief Financial Officer	FORT WASHINGTON EXECUTIVE CENTER, 600 OFFICE CENTER DRIVE, FORT WASHINGTON PA 19034
Brc Partners Opportunity Fund, Lp	10 percent owner	11100 SANTA MONICA BLVD. SUITE 800, LOS ANGELES CA 90025
B. Riley Capital Management, Llc	10 percent owner	11100 SANTA MONICA BLVD., SUITE 800, LOS ANGELES CA 90025
Brc Partners Management Gp, Llc	10 percent owner	11100 SANTA MONICA BLVD SUITE 800, LOS ANGELES CA 90025